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SMU
Bachelor of
Business Administration - BBA Semester 4
BBA409 – Small Business Management
Q1. List
and explain the three levels of Strategy. Differentiate and provide their
characteristics.
a)
Explanation of the three levels of Strategy.
b)
Difference.
Answer.
Q2. ISO
9001:2000 is based on 8 Quality Management principles. List and explain the
principles.
(Explanation
of the 8 principles.)
Answer. ISO
9001:2000 Quality System
ISO 9001:2000 is based on 8 Quality Management
principles.
A Quality Management Principle is a comprehensive and
fundamental rule or belief for leading and operating an organisation aimed at
continually improving performance over the long term by focusing on customers
while addressing the needs of all other stake holders.
Q3. There
are several ways to procure working capital. List and explain.
Explanation
of the sources of working capital
Answer.
Sources of Working Capital
There are several ways to procure working capital. The
main sources are:
1. Trade credit.
2. Friends and relatives.
3. Banks.
4. Internal surplus.
5. Money lenders.
6. Factoring.
7. Chit funds.
8. Leasing.
9. Hire purchasing.
Get fully solved
assignments.
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