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What is the full form of BMS?

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Answer:

1) BMS: Bachelor of Management Studies

The full form of BMS is Bachelor of Management Studies. It refers to a three-year degree in business administration. The course is offered by almost all renowned universities and business schools worldwide. The three years are divided into six semesters, covering all important management topics, such as marketing, finance, human resources, etc. It also provides in-depth knowledge of human resource management, economics, and business studies. Intermediate level students with a specialization in Arts, Science or Commerce are eligible for the course. The Bachelor of Management Studies (BMS) includes several training sessions and extracurricular and essential activities that are essential to the overall development of students to help them understand real-world challenges. After completing a BMS course, a candidate is hired as an executive in all functional areas. If the candidate wants to pursue further education then he/she can opt for courses like Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM).

2) BMS: Business Management System

BMS stands for “Business Management System”. It refers to a set of tools used for strategic business planning and implementation. The Business Management System (BMS) is a communication platform for all organizational knowledge that helps an organization to plan better strategies and implement them successfully. It also helps you make the right decisions regarding day-to-day business activities and processes, with the goal of making profit and satisfying customers. BMS is a multi-level hierarchy of business solutions that represents how a for-profit organization will perform different functions such as Sales, Purchasing, Marketing, Staffing to successfully accomplish a task and achieve a goal. The BMS hierarchy consists of the three main top-level functional groups, such as business management strategies, business management tactics, and business management implementation.

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