Tuesday, February 19, 2013

WEEK 1

Week: 1 
In management theory, the business strategy means: “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 for carrying out these goals.” (Alfred. D,1962)
Answer 1                                                             
The purpose of studying this module has lot of benefit some of them are listed below
a.       Well personally my aim is to be an entrepreneur so this module will definitely help me in future for every aspect of my business. The basic things that I was hoping to learn are making unique strategy for my business success.
b.       I hope at the end of the module I will learn about strategy and able to answer the following question
·         How to make a business strategy?
·         What are the things need to be considering while making a strategy?
·         How do we know that our strategy in not working properly?
Answer 2
After passing out from this institute the module will definitely help me for my profession as well as for my personal life. The lists below will gives some basic ideas how it affect me in future.

a.       The module is directly related in day to day operation of my life. It simply helps to make my life better. Those who have good knowledge of strategy (module) can directly achieve their goal through unique planning, direction and control.
b.      The module will give me answer about my question that I have listed above (in answer 1). And am sure with that answer I can successfully lead my business ahead with implementing all the knowledge that I learned from this module
Answer 3
The three things I will do to achieve a good marks are as follow.
a.        I will definitely do lots of research regarding the topic that our lecturer has given. Beside the course book, I will make habit to study other writer’s book related to subject.
c.       Instead of wasting time online on worthless things I will watch lots of business article, case study and policy etc. I try to search connection that we study in class and the strategy that businesses have implemented in real life.
d.      At last am definitely going to move on our lecturer‘s direction
Answer 4
The three things that am expected from others for scoring good marks in this module are as follow.
a.       First of all, I have very high expectation from our module teacher Mr. Guru Tej that he will direct, support, motivate, control and focus us on study.
b.      Secondly, I believe that our college Islington will provide us an enough material for study.
c.        And lastly, classmate (friends are forever). With good coordination and teamwork definitely going to complete all task and project successfully.
Reference
1.Alfred.D,(1962),American Industry Enterprise,(online)  books.google.com.np/books?isbn=158798198X  (accessed on April 7,2013)
2. C. Marry, Strategic Management in Action (5th Edition, 2010), Pearson, ISBN – 10.0-13-704286-8

3. J. Gerry, S. Kevin and W. Richard, Fundamentals of Strategy (1st Edition. 2009), Financial Times/Prentice Hall), ISBN 978-0-273-71310-4

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