HISTORY AND MYSTERY

  Unit I – Understanding Strategy and Strategic Management 1. Understanding Strategy and Strategic Management Strategy Meaning : Strategy is a long-term plan of action designed to achieve a particular goal or set of objectives. Simple words me – Strategy ek aisi plan hai jo organization ko competition me jeetne aur apne long-term goals achieve karne me help karti hai . Example: Reliance ka strategy – Diversification (petroleum se telecom aur retail me enter karna). Strategic Management Meaning : Strategic management is the continuous process of planning, monitoring, analyzing, and assessing everything that is necessary for an organization to meet its goals and objectives. It deals with: Formulation of strategy (plan banana) Implementation of strategy (apply karna) Evaluation & Control (review karna aur improve karna) Example: Tata Group ka strategic management – “Global Expansion + Affordable products for Indian market”. 2. Strategi...

📘 Financial Accounting – Full 1 Unit (Overview → Mechanics → Final Accounts) 1) Overview of Accounting (Intro + Objective + Branches) Meaning: Accounting = financial transactions ko record, classify, summarize & interpret karke financial statements banana. (Hinglish: Paise ke saare lena–dena ko systematic tareeke se likhna aur uska report banana.) Objectives: Profit/Loss batana, Financial Position dikhana, Compliance, Decision-making. Main Branches: Financial Accounting : External reporting (P&L, Balance Sheet ). Cost Accounting : Product cost , cost control . Management Accounting: Planning, control, decisions (budgets, ratios). 2) Users of Accounting (Kaun use karta hai?) Internal: Owners/Shareholders, Management , Employees. External: Investors , Lenders/Banks, Creditors/Suppliers, Government/Tax, Customers, Analysts. Use: Profitability check, liquidity/solvency, lending decision, tax assessment, pricing, strategy. 3) Accounting...