SM BOOSTER

SM BOOSTER STANDARD COSTING BY CA NAMIT ARORA SIR TO BUY LECTURES VISIT OUR OFFICIAL WEBSITE: https://www.canamitarora.com/ TELEGRAM CHANNEL: NAMIT ARORA CLASSES LINK: https://t.me/namitaroraclasses TIME STAMP CHAPTERWISE: CHAPTER1 1:00 CHAPTER2 28:24 CHAPTER3 1:01:00 CHAPTER4 1:33:38 CHAPTER5 2:24:48 TIME STAMP CONCEPTWISE: 00:11 SM BOOSTER offers comprehensive and efficient revision for strategic management. 02:33 Improve position and performance with strategic planning 07:10 Strategy is a plan to achieve objectives 10:01 Strategic management benefits and limitations 14:54 Vision is the blueprint of the company 17:03 Focus on short-term and long-term goals for continual improvement 20:52 Explanation of corporate, business, and functional levels in organizational structure. 22:45 Exploring functional and divisional relationships in business management 27:01 Defining future goals and values for business 29:05 Strategic analysis is crucial for understanding internal and external environment. 33:42 Analyzing International Environments for Business 35:34 Understanding the product life cycle. 39:43 Michael Porter's two parts in value chain analysis 41:43 Porter's Five Forces Model for industry analysis. 45:47 Experience Curve and Value Creation in Business Growth 48:19 Differentiable creation adds value to customer and firm 53:10 Post-purchase actions impact customer recommendations and company association. 55:13 Fashion impacts stock availability and pricing strategies 59:05 Value creation and customer behavior 1:00:59 Internal environment analysis is crucial for understanding organizational dynamics 1:05:09 Understand strategic drivers and stakeholder priorities for successful business analysis. 1:07:23 Understanding the difference between customer and consumer in marketing 1:11:21 Marketing should be done differently 1:13:16 Understanding the sales channel and core competency 1:18:24 Understanding competitive advantage for strategic decision-making 1:20:37 Importance of sustainable competitive advantage 1:26:26 Differentiate your brand through pricing strategy 1:28:28 Understanding the Best Cost Provider Strategy 1:32:32 Strategic Choices and Corporate Strategy 1:34:42 Focus on improving functional efficiency for stability and growth 1:38:15 Growth through diversification and expansion strategy 1:40:05 Ways to achieve internal growth 1:44:03 Understanding vertical integration in car manufacturing 1:46:28 Horizontal integration and diversification strategies 1:51:29 Explaining different types of mergers 1:53:22 Strategic alliances for international expansion 1:57:14 Implement emergency action plan for quick turnaround 1:59:08 Retrenchment due to business mismatch and problems 2:04:08 Understanding product diversification and market development 2:06:38 Understanding BCG Growth Share Matrix importance in the evolving market 2:10:25 Importance of market expansion and investment in becoming a star 2:12:12 Understanding the concept of cash cow as it relates to investment and business growth. 2:16:13 Consider your business strength and market attractiveness for decision making. 2:18:01 Stability is crucial in business growth and strategy. 2:22:05 Understanding market growth metrics for strategic planning 2:23:59 Understanding business strength using Stop Light or G Matrix 2:28:30 Strategy formulation involves planning and decision-making, while implementation focuses on executing strategic goals. 2:30:45 Understanding Forward and Backward Linkage in Strategy Implementation 2:34:55 Changing employee behavior within an organization 2:36:56 Implementing role models for organizational transformation 2:40:53 Strategy for digital transformation 2:43:05 Success with simple organizational structures 2:47:31 Explaining the Divisional Structure within an Organization 2:49:37 Understanding organizational structuring based on area, products, customers, and process 2:53:39 Introduction of M form structure in 1920 2:55:48 Strategic Business Units (SBUs) are grouped based on common strategy for efficient management. 3:00:04 Creating different strategic business units (SBUs) 3:02:13 Explaining the relationship between functional and divisional structures 3:06:50 Importance of structure in business operations 3:09:00 Understanding organizational culture and its impact on strategy 3:13:22 Leaders are responsible for strategic decisions and managing change within the organization. 3:15:49 Charisma is key for leadership influence 3:20:12 Monitoring operational and strategic control of department activities 3:22:18 There are four types of strategic control 3:26:14 Control and management strategies for organizational activities. 3:28:21 SPM is a benchmark for tracking organizational performance