Business Strategies

To provide a benchmark for achieving objectives.

Purposes or missions define the reason for the establishment of an organization.

To forecast future developments and improve the existing plan.

<p>Programmes involve preparing various alternative plans within existing resources.</p> Signup and view all the answers

<p>It allows for readjusting one's sights as the planning process moves along.</p> Signup and view all the answers

<p>To fulfill the purpose of establishment and serve the customers' expectations.</p> Signup and view all the answers

<p>The determination of the basic long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary to carry out these goals.</p> Signup and view all the answers

<p>Policies guide decision-making to ensure consistency with organizational objectives.</p> Signup and view all the answers

<p>One business unit instituted a policy that the general manager must approve all purchases totaling Rs. 500 or more.</p> Signup and view all the answers

<p>Procedures provide step-by-step guidance for specific activities or functions, especially for routine and recurring tasks.</p> Signup and view all the answers

<p>Strategies focus on long-term goals and resource allocation, while policies guide decision-making and ensure consistency.</p> Signup and view all the answers

<p>Adhering to policies ensures that decisions align with organizational objectives and maintain consistency.</p> Signup and view all the answers

<p>The time during which the beneficiaries start reaping the benefits of the project.</p> Signup and view all the answers

<p>To identify constraints that impede successful implementation and to address problems faced during the project.</p> Signup and view all the answers

<p>To assess how far the objectives set out in the project are achieved.</p> Signup and view all the answers

<p>Pre-project evaluation, concurrent evaluation, and ex-post evaluation.</p> Signup and view all the answers

<p>Before any change occurs in the existing situation, during the pre-project evaluation phase.</p> Signup and view all the answers

<p>To offset various shortcomings that may arise during implementation and to ensure successful project completion.</p> Signup and view all the answers

<p>Assessment of agricultural resource potential, qualification of agriculture output and inputs, present utilization of resources, agricultural produce preserving requirements, selection of important items, preparation of industrial studies, identification of entrepreneurs, technology suggestion and training, addressing finance and marketing issues.</p> Signup and view all the answers

<p>Lack of proper guidance, risk-taking element, changes in crops or cropping patterns, technological improvements leading to variety changes, raw material supply disruption due to monsoon failures, lack of guidance for modern agro-industries, and finance scarcity for capital-intensive modern small industries.</p> Signup and view all the answers

<p>Processing is necessary for local consumption of food grains to ensure preservation, quality enhancement, and value addition.</p> Signup and view all the answers

<p>Identification of entrepreneurs is crucial as they drive the innovation, management, and growth of the industry, bringing in expertise and leadership.</p> Signup and view all the answers

<p>Commercial, managerial, organisational, social, economic aspects</p> Signup and view all the answers

<p>Wastage of resources can be minimized by following a strategic approach in selecting the location of the units, leveraging existing infrastructure, and ensuring efficient resource utilization.</p> Signup and view all the answers

<p>Profitably used in working out repayment capacity</p> Signup and view all the answers

<p>Marketing assistance is crucial for agro based industries to reach a wider market, promote products effectively, and ensure sustainable profitability.</p> Signup and view all the answers

<p>Estimation of effective demand, availability of input supplies, and output marketing arrangements</p> Signup and view all the answers

<p>To ensure successful project implementation</p> Signup and view all the answers

<p>Process of putting priorities in an orderly form</p> Signup and view all the answers

<p>Customs, culture, traditions, habits of beneficiaries</p> Signup and view all the answers