27 August 2013
sir will u tel me how to prepare it and sm for get maximum maarks .. as u know sir icai who mostely time fail to student in this subject.. plz sir help what should i do/... and sud i perfer study my or book which provided by my coaching teacher
13 September 2013
First of all, ask yourself why you should read this subject ? Because it is in the syllabus or it is practically useful ? Further ask; Whether Strategic Management is useful in our career ? Whether it is useful in our business ? Whether it is useful in our day-to-day life ? If you can say yes, it is useful and if you can give some explanations also why it is useful; then I think you can read this subject easily. You may buy the book suggested by CA Ravi. You should also know how many books are available in the market. Go to shops of all book sellers which are there in your city. Ask them to show books of Strategic Management. Take their opinion which one is best sold. Ask your friends also. Then decide. This is also a strategy which should be followed before you buy a book. ( I think all this you do while deciding about a book - a very good strategy !). Start from module with only one intention - to clear the concepts about Strategy. See carefully : Here two words are combined : Strategy and Management. Be alert and ask question to yourself (nobody else is there to answer when you are studying ) whether management does not adopt strategy ? Why only Management is not sufficient and Strategy has been added to the word Management. See the various branches of Management which are prevalent in the business : Day-to-day Management; Inventory Management, Marketing Management, Production Management etc.etc... What is strategy ? It aims towards better results (target for above average results) in the given conditions (available resources and circumstances) In 2009, there was a recession. Many MBA institutes face difficulties now to find good number of admission of the students. Why ? Because till 2008; good number of students were available to them. They never thought that they would not have sufficient number of students in near future (failed to make a suitable strategy). They ignored the fact that so many new MBA institutes come into field. Even IIPM is struggling hard to find good number of students which claim one of the best institution. Why ? They failed to make proper strategy which were crystal clear before them (recession was already well known). When Nano car was introduced in the market; there was a threat before Maruti . All thought that now it has to reduce the prices. But the management took another strategy. They found the possible delays in the project due to Singur incidents and raised its prices. The strategy was successful. Whenever we take any decision in the business; we have to see so many factors : 1. Regular Demand, 2. Excess Supply, 3. Economic Conditions of country, 4. Purchasing power of the consumers, 5. Product's strength, 6. Introduction of new product in the market, 7. Financial position of competitors, 8. Exports possibilities, 9. Government policies towards industry in which we are engaged, 10.Future expansion plans of our competitors and its technical collaboration with foreign manufacturer and so on. Looking to all the circumstances; we should aim towards best results from our limited resources. Make a Case Study Start reading the subject as if you have to install a new plant with an investment of Rs.500 crores and you have to see so many factors to run the industry (What a beautiful imagination). Start thinking how much you will invest your own in this project (more projects may be in pipeline), how much you will take from IPO, how much you will take finance (debenture, bank finance, private equity), how you would design the structure of your organisation and so on.. In my opinion; this is the subject which should be read first of all. You would be able to make proper strategy towards your studies and will get better results than others.
14 September 2014
How to start preparation for # IT & SM and the topic not covered in exams : share this status as much as possible I am starting with the last paper of IPC/IPCC examination because this is the subject where lots of the students get struck and are failed. So I would suggest you to follow my steps to crack this subject with good marks. In IT SM subject, from practice manual 45 to 50 marks paper will be definitely asked because questions are repeated each time, so you should concentrate on that if you have less time. Tips for #Information Technology : 1. In this part, start with easy chapters like Data Storage, Retrieval & DBMS and they have good weight-age also. So do this first. 2. Now do flowchart and Decision table marks covered 8-10. For a good grip in this part, do all illustrations from module and questions of Practice Manual. 3. Then come on Internet and Other Technology, many topics also easy under this chapter and scoring also. So do it properly. 4. Now do Software and Computer Network & Network Security chapter this chapters are heavy i.e. have lots of topic. So try to cover as much as you can. 5. Now just check the definitions asked in past exams from practice manual and RTPs, and from module too. Tips for #Strategic Management : SM Tip: Start SM preparation from last chapter to first chapter. 1. Do Practice Manual first as if once you do it around 60-70% course will be covered. From Practice Manual its quite easy to read topics as they are given question format rather than paragraphs as given in modules. And generally questions get repeated, so prepare those questions thoroughly and you will definitely score in subjects. 2. Now start reading from Chapter 7. You can read from module as its language is easy. 3. Do all chapter end questions from module because true & false many times comes out of it. So better to go through that. And there are sometime 4 marks filling the blanks, so for it, just go through the quotation given before starting the chapter. Just go through past papers, you will find those one liners in the form of filling the blanks. # Note: "Exclusion of certain topics from IT paper from November 2012 CA IPCC examination and for Nov 2013 exam too.." i.e. no question will be asked from this chapters given in below because these are completely irrelevant for CA curriculum. >So in chapter 1 only the remaining chapter which is Software will be asked, so we can say the weightage of the Chapter Software has very much increased and so you must read this chapter properly for better results. Chapter – 1 Unit-I Introduction to Computers And Unit-II Input and Output Devices--> (a)Computer Hardware Classification of Computers – Personal Computer, Workstation, Servers and Super computers Computer Components –CPU, Inputs output devices, Storage devices, Storage devices (b) Bus, I/O CO Processors, Ports (Serial, parallel, USB ports), Expansion slots, Add on cards, On board chips, LAN cards, Multimedia cards, Cache Memory, Buffers, Controllers and drivers Page no. In study .material of above topic : 1.1- 1.105 #Chapter-IV: Internet and other Technologies : topic: EDI & Page no. In study material : 4.48 –4.53 >EDI also is one topic which is given in Internet chapter which is not going to be asked in Nov. 2013 CA IPC/IPCC examination.
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