Tips For Enterprise Information Systems and Strategic Management

  • 24 Jun 2022

Venture Data Framework and Vital Administration, or EIS and SM, is Paper 7 of CA Middle. Since it is seen to be a troublesome theme, most understudies don't do well in it. There is a popular misconception among CAs that passing this topic, particularly the Strategic Management (SM) section, is impossible.

The point is, if we are constantly informed that something is difficult, it will become difficult. With the right guidance and practise, you can do well in it if you decide from the start that it is simply another topic.

This blog will focus on Strategic Management, which is part B of CA Intermediate Paper 7. If you have the right coaching, strategic management can be a highly engaging subject. This subject will assist you in passing your exam and becoming a better professional.

 

 

Enterprise Information Systems (50 marks)

Sections

Weightage

Content

1

15%-25%

Automated Business Processes

2

15%-25%

Financial and Accounting Systems

3

15%-25%

Information Systems and its components

4

15%-25%

E-Commerce, M-Commerce and Emerging Technologies

5

15%-25%

Core Banking Systems

 

 

Strategic Management (50 marks)

1

10%-20%

Introduction to Strategic Management

2

10%-20%

Dynamics of Competitive Strategy

3

10%-20%

Strategy Management Process

4

10%-20%

Corporate Level Strategies

5

10%-20%

Business Level Strategies

6

10%-20%

Functional Level Strategies

7

10%-20%

Organization and Strategic Leadership

8

10%-20%

Strategy Implementation and Control

 

Focus on headings and subheadings: These signify the center of the substance. Remembering concepts heading-wise will help you structure your answers better.

Compose a great deal and make legitimate notes: This will assist you with recollecting models and cycle streams better. Illustrations and graphs are the most ideal way to introduce your responses in this subject. Additionally, maintenance of pictures is higher than extended sections.

Amend something like threefold: Subjects which appear to be challenging to you are fundamentally the ones which you are new to. The more natural you get, the simpler they get. Decrease the hole between perusing a part and overhauling it. This way you retain faster.

Test yourself: That is the most ideal way to measure your planning level. Understanding mix-ups made in mock tests will keep away from exorbitant ones during the assessment.

Try not to miss the self-evident: The ICAI concentrate on material is the go-to put for you. All that should be learnt is referenced completely in something similar.

Try not to hesitate: Packing as of now implies lesser maintenance and more frenzy.

Try not to overlook the charts and flowcharts: Top scorers vouch for graphical show of replies. This is one of the most amazing ways of guaranteeing extraordinary checks particularly in EIS.

Make your answers sharp and rich in content. Incorporate as many charts and tables in EIS when you compose; this conveys more quicker than expected.

Giving pertinent models from current business situations in the subject of vital administration will convey the profundity of your comprehension. Always keep real-life examples in mind while preparing.

Stay away from nonexclusive clarifications and be specialized in your response. Utilization of fitting terms while noting conveys your insight and has a decent effect on the inspector.

RTPs and MTPs help a great deal. They are a rich wellspring of expected questions.