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Business Studies course contents in class 12 touches the whole assessment prospective of the students. It has downloadable PDF files, free online tests, detailed video content and practice papers. It includes Nature and Significance of Management, Principles of Management, Business Environment, Planning, Organising, Staffing, Directing, Controlling, Financial Management, Financial Markets, Marketing and Consumer Protection.
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Download CBSE class 12 Business Studies study material in PDF format. MyCBSEguide provides solved papers, board question papers, revision notes and NCERT solutions for CBSE class 12 Business Studies. The topics included are Nature and Significance of Management, Principles of Management, Business Environment, Planning, Organising, Staffing, Directing, Controlling, Financial Management, Financial Markets, Marketing and Consumer Protection.
Part A: Principle and Function of Management
Concept includes meaning and features
Unit 1: Nature and Significance of management
Management-concept, objectives, and importance
- Concept includes meaning and features
Management as Science, Art and Profession
Levels of Management
Management functions-planning, organizing, staffing, directing and controlling Coordination- concept and importance
Unit 2: Principle of Management
Principle of Management-Concept and Significance
Fayol’s Principle of Management
Taylor's Scientific management- principles and techniques
Unit 3: Management and Business Environment
Business Environment-Concept and Importance
Dimensions of Business Environment- Economic, Social, Technological, Political and Legal
Impact of Government policy changes on business with special reference to liberalization, privatization and globalization in India
Unit 4: Planning
Concept, Importance and Limitations
Planning Process
Single use and standing plans. Objectives, Strategy, Policy, Procedure, method Rule, budget and Programme
Unit 5: Organising
Concept and Importance
Organising Process
Structure of organisation- functional and divisional concept. Formal and informal organisation- concept
Delegation, concept, elements and importance
Decentralization: concept and importance
Unit 6: Staffing
Concept and importance of staffing
Staffing as a part of Human Resource Management concept
Staffing Process
Recruitment Process
Selection Process
Training and Development- Concept and importance, Methods of training- on the job and off the job- Induction training, vestibule training, apprenticeship training and internship training
Unit 7: Directing
Concept and importance
Elements of Directing
Supervision –concept, function of a supervisor
Motivation-concept, Maslow's hierarchy of needs, Financial and non financial incentives
Leadership- concept, styles- authoritative, democratic and laissez faire
Communication- concept, formal and informal communication; barriers to effective communication, how to overcome the barriers
Unit 8: Controlling
Concept and Importance
Relationship between planning and controlling
Steps in Process of Control
Part B: Business Finance and Marketing
Concept includes meaning and features
Unit 9: Financial Management
Concept and objective of Financial Management
Financial decisions: investment, financing and dividend- Meaning and factors affecting
Financial Planning- concept and importance
Capital Structure- Concept
Fixed and Working Capital- Concept and factors affecting their requirements
Unit 10:Financial Markets
Financial Markets: Concept, Functions and Types.
Money Market and its Instruments
Capital market and its types (primary and
secondary)
Stock Exchange- Functions and trading procedure
Securities and Exchange Board of India (SEBI) - objectives and functions
Unit 11: Marketing Management
Selling and Marketing- concept
Marketing Management- Concept
Marketing Function
Marketing Management Philosophies
Marketing Mix – Concept and elements
Product- concept, branding, labelling and packaging
Price- concept, factors determining price
Physical Distribution - concept and components, channels of distribution: types, choice of channels.
Promotion – Concept and elements; advertisingconcept, role, objections against advertising, personal selling-concept and qualities of a good salesman, sales promotion- concept and techniques, public relations- concept and role
Unit 12: Consumer Protection
Concept and Importance of Consumer Protection
Consumer protection Act 1986: Meaning of consumer and consumer protection. Rights and responsibilities of consumers Who can file a complaint against whom? Redressal machinery Remedies available
Consumer awareness- Role of consumer organizations and Non-Governmental Organizations (NGOs).
Unit 13: Project Work
As per CBSE guidelines
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