1. Describe the scope of corporate policy and discuss policy formulation process in detail.
Ans : Corporate policy has been defined as ‘……objectives.’Corporate policy clarifies the intention of management…..in identification of the solutions of problems. It provides the …..has to take the decision….
….. These policies are concerned with each other in ……..framing of such major policies.Further, the….so that the organizational objectives are met….is formulated by the management….comprises step wise procedure.
…….the different alternatives are compared with each other and the….needs to be discussed clearly. After the policy….review it every once in a while so that it doesn’t become…. Numerous actors and stakeholders can …..that can support policy development….and effective in their policy… efforts.
2. Read the case study on corporate Governance at TISCO (Block – 2) and answer the questions given at the end.
3. Select any service organization (name and describe the organization) and explain how information technology has enhanced the quality of service of this organization.
Ans : There is no denying the fact that customer service is important to a business. More companies…. customer loyalty by improving customer care…
…..The growth of information…. for the development of society and is often…..and should be available when needed. Information …..to the right information…..One of the distinct ….technology has been the …changing the way in which information….networks have expanded the limitations of the scope of….is the major resources…
….Is a private funded institution of higher education…..enables learning and advancement of knowledge….
4. Highlight the importance of R & D strategy to the competitiveness of a firm and discuss the steps involved in developing R & D strategy.
Ans : Research and Development plays a critical role in the …..and a key factor in developing new competitive advantages….Research and development strategies allow companies to create ….work together very well. The research and development department works to make….in the most exciting light …
A firm can enjoy…in several ways…because….
R&D is essential to keep ahead of the field….suppliers in every aspect of their business,including the…as quickly as possible. Their preferred …. quality and faster production.
For the… startup…Research and Development (R&D) may be considered…. force to what will make a ….
organizations get there….
Its R&D unit aims to innovate by coming up with…in the digital age… Having these questions answered … you on the path to creating a good R&D strategy.
….provide you with the opportunity to see what….the user feedback you receive….
5. Discuss the scope and objectives of social audit citing examples of companies driven by these objectives while pursuing their commercial activity of generating wealth.
6. Write short notes:
a) Need for Corporate Governance
Ans. Corporate governance is concerned with…there to encourage the efficient use of resources ….of these resources….but also must operate in a sound….regulations into on-the-ground practice…
It is also important to remember that although corporate governance has…Regardless of the type of venture,… performance.
b) Joint Ventures
c) Innovation and Creativity
Ans. innovation and creativity have become critical skills for….The need for creative problem solving has…solutions.
….While creativity is the ability to….force behind innovation and the…. Creativity and innovation within a ….and unknown before territories lead as result to…..and giving them time and…..
….Realize that creativity and innovation are different…. innovation is applied creativity.
d) Corporate Philanthropy
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