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Business Studies in class 12 delves deeper into the aspects of Business Management, particularly, Principles of Management, Marketing, Financial Management as well as Consumer Rights and Responsibilities. Along with other commerce subjects, it aims to introduce students to the mechanics of running a business concern, effective ways of planning and ensuring the growth of a business. Whether you aim to pursue your career as a business analyst or venture into entrepreneurship, covering through the topics in the curriculum of Business Studies for Class 12th serve as a strong foundation into the world of management.
This Blog Includes:
Syllabus for Business Studies Class 12th
The topics taught during Business Studies Class 12th are broadly categorised into ‘Principles and Functions of Management’ and ‘Business Finance and Marketing’ along with project work. Refer to the tables given below to know more about the same:
| Parts | Marks |
|---|---|
| Part A | 50 |
| Part B | 30 |
| Part C | 20 |
| Total | 100 |
Given below is the list of chapters covered under Part A and Part B of Business Studies:
| Part A – Principles and Functions of Management | Marks |
|---|---|
| 1. Nature and Significance of Management2. Principles of Management3. Business Environment | 16 |
| 1. Planning2. Organising | 14 |
| 1. Staffing2. Directing3. Controlling | 20 |
| Total | 50 |
Also Read: Class 12 Economics
| Part B – Business Finance and Marketing | Marks |
|---|---|
| 1. Financial Management2. Financial Markets | 15 |
| 1. Marketing Management2. Consumer Protection | 15 |
| Total | 30 |
Part A-Principles and Functions of Management
In Part A, students are introduced to the concept of management, its important elements as well as to the contributions made by important personalities. The specific functions, levels and their relative importance are also discussed. The following table throws more light on the subject matter.
| Unit | Subheading | Topics |
|---|---|---|
| Unit 1 | Nature and Significance of Management | Concept, Importance and Objectives of Management along with Effectiveness vs. Efficiency Management as Art, Science and Profession Various Levels of Management: Top, Middle and Lower Functions of Management: Planning, Organising, Staffing, Directing & Controlling Concept, Characteristics and Importance of Coordination |
| Unit 2 | Principles of Management | Concept and Importance of Management Principles Fayol’s Principles of Management Taylor’s Scientific Management Principles Comparison between Fayol and Taylor’s Principles |
| Unit 3 | Business Environment | Concept and Importance of Business Environment Dimensions of Business Environment: Economic, Social, Political, Technological and Legal Concepts and Features of Demonetisation Impact of Government Policy Changes on Business. Liberalisation, Globalisation and Privatisation in India |
| Unit 4 | Planning | Concept, Significance and Demerits Steps in the Planning Process Grasp over Single use and Standing Plans Introduction to types of plans, namely objectives, Strategy, Procedure, Method Rule, Policy, Budget, Programme |
| Unit 5 | Organising | Concept, Importance and Steps in Organising Process Structures of Organisation, Its advantages, disadvantages and suitability Concept, Elements and Importance of Delegation and Decentralisation. |
| Unit 6 | Staffing | Concept, Importance and Process of Staffing Human Resource Management Process of Staffing, Recruitment and Selection Training and Development |
| Unit 7 | Directing | Concept, Elements and Importance of Directing Maslow’s Hierarchy Theory Leadership and Communication |
| Unit 8 | Controlling | Concept, Importance, Steps and relationship between planning and controlling |
Part B- Business Finance and Marketing
Part B of Business Studies Class 12th primarily focuses on the role finance, markets and marketing play in business management. The Consumer Protection Act 1986 and its constituents are also emphasised upon.
| Unit | Particulars | Topics |
|---|---|---|
| 1 | Financial Management | Concept, Role and Objectives of Financial Management Financial Decision, Financial Planning, Capital Structure, Fixed & Working Capital |
| 2 | Financial Markets | Financial Markets, Money Markets, Financial Instruments, Capital Markets, Stock Exchange and SEBI |
| 3 | Marketing Management | Concept of Marketing, Philosophies, Marketing Mix, 4Ps of Marketing- Product, Price, Physical Distribution & Promotion, Advertising |
| 4 | Consumer Protection | Concept of Consumer Protection, Consumer Protection Act, 1986, Consumer rights and responsibilities, Remedies, |
Project Work: In the Project Work module which carries 20 marks, students have to choose one of the offered options of the field visit, Aids to Trade, Import/Export Procedure, etc and submit a detailed project report focusing on a particular aspect of it.
Here are a few resources you must explore:
- Business Studies Class 12 (Poonam Gandhi) CBSE- (2020 Exam) by Poonam Gandhi
- Business Studies with Case Studies for Class-XII by Sandeep Garg
- 15 Sample Question Paper Business Studies Class 12th CBSE 2019-2020 by Arihant Experts
- Business Studies Part – 1 Principles and Functions of Management for Class – 12 by NCERT
- Business Studies Part – II Business Finance and Marketing for Class – 12 by NCERT
- Bachelor of Business Management
- Career in Finance
- Commerce with Maths
- Commerce without Maths
- Highest Salary Jobs for Commerce Students
- CA After Graduation
Also Read: Accountancy Class 12
Covering the whole Business Studies Class 12th syllabus is a comprehensive and demanding task faced by a majority of students. At Leverage Edu, take assistance from experts in a free 30 minutes career counselling session who will lend you helping hand in not only preparation of a personalized study plan but also with unique tips and get all geared up for your exam day.
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