CBSE Syllabus Class 12 Business Studies 2021: This subject is a theory based subject of the commerce division and this is also a core subject like economics and accounts. The students may choose to prepare it secondary basis but we would like to advise not to take the subject lightly at all especially the students that are weaker in the theory portion.
As per the CBSE Business Studies Syllabus Class 12th, the maximum number of marks have been given to the first 3 chapters. The students may try and prepare them very well. And rest of the syllabus is also divided into 2 sections for proper grading and preparation.
CBSE Syllabus Class 12 Business Studies
|Unit Name||Chapter Name||Marks|
|Principals Of Management||Nature And Significance Of Management||16|
|Principles Of Management|
|Total Of Section A||50|
|Business Finance And Marketing||Financial Management||15|
|Total Of Section B||30|
|Part A: Principles and Functions of Management|
|Unit 1: Nature and Significance of Management|
|Concept||After going through this unit, the student/ learner would be able to:|
|Management – concept, objectives, and importance |
|Management as Science, Art and Profession||Examine the nature of management as a science, art and profession.|
|Levels of Management||Understand the role of top, middle and lower levels of management|
|Management functions-planning, organizing, staffing, directing and|
|Explain the functions of management|
|Coordination- concept and importance|
Discuss the concept and characteristics of coordination.
Explain the importance of coordination.
|Unit 2: Principles of Management|
|Principles of Management- concept and significance|
Understand the concept of principles of management.
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Explain the significance of management principles.
|Fayol’s principles of management||Discuss the principles of management developed by Fayol.|
|Taylor’s Scientific management- principles|
Explain the principles and techniques of ‘Scientific Management’.
Compare the contributions of Fayol and Taylor
|Unit 3: Business Environment|
|Business Environment- concept and importance|
Understand the concept of ‘Business Environment’.
Describe the importance of business environment
Dimensions of Business EnvironmentEconomic, Social, Technological, Political and Legal
Demonetization – concept and features
Describe the various dimensions of ‘Business Environment’.
Understand the concept of demonetization
|Impact of Government policy changes on business with special reference to liberalization, privatization and globalization in India||Examine the impact of government policy changes on business in India|
with reference to liberalisation, privatization and globalisation since
1991.Discuss the managerial response to changes in business environment
|Unit 4: Planning|
|Concept, importance and limitation|
|Planning process||Describe the steps in the process of planning.|
|Single use and standing plans. Objectives, Strategy, Policy, Procedure, method Rule, budget and Programme|
Develop an understanding of single use and standing plans
Describe objectives, policies, strategy, procedure, method, rule,
|Unit 5: Organising|
|Concept and importance||Understand the concept of organizing as a structure and as a|
process.Explain the importance of organising.
|Organising Process||Describe the steps in the process of organizing|
|Structure of organisation- functional and divisional concept. Formal and informal organisation- concept|
Describe functional and divisional structures of organisation.
Explain the advantages, disadvantages and suitability of functional and divisional structure.
Understand the concept of formal and informal organisation.
Discuss the advantages, disadvantages of formal and informal organisation.
|Delegation: concept, elements and importance||Understand the concept of delegation.|
Describe the elements of delegation.
Appreciate the importance of Delegation.
|Decentralization: concept and importance||Understand the concept of decentralisation.|
Explain the importance of decentralisation.
Differentiate between delegation and decentralisation.
|Unit 6: Staffing|
|Concept and importance of staffing||Understand the concept of staffing.|
Explain the importance of staffing
|Staffing as a part of Human Resource Management concept||Understand the specialized duties and activities performed by Human|
|Staffing process||Describe the steps in the process of staffing|
|Recruitment process||Understand the meaning of recruitment.|
Discuss the sources of recruitment.
Explain the merits and demerits of internal and external sources of
|Selection – process||Understand the meaning of selection.|
Describe the steps involved in the process of selection
|Training and Development – Concept and importance, Methods of training – on the job and off the job – vestibule training, apprenticeship training and internship training|
Understand the concept of training and development.
Appreciate the importance of training to the organisation and to
Discuss the meaning of induction training, vestibule training,
Differentiate between training and development.
Discuss on the job and off the job methods of training
|Unit 7: Directing|
|Concept and importance||Describe the concept of directing.|
Discuss the importance of directing
|Elements of Directing||Describe the various elements of directing|
|Motivation – concept, Maslow’s hierarchy of needs, Financial and non-financial incentives|
Understand the concept of motivation.
Develop an understanding of Maslow’s Hierarchy of needs.
Discuss the various financial and non-financial incentives.
|Leadership – concept, styles – authoritative, democratic and laissez faire|
Understand the concept of leadership.
Understand the various styles of leadership.
|Communication – concept, formal and informal communication; barriers to effective communication, how to overcome the barriers|
Understand the concept of communication
Understand the elements of the communication process.
Discuss the concept of formal and informal communication.
Discuss the various barriers to effective communication.
Suggest measures to overcome barriers to communication.
|Unit 8: Controlling|
|Controlling – Concept and importance||Understand the concept of controlling.|
Explain the importance of controlling.
|Relationship between planning and controlling||Describe the relationship between planning and controlling|
|Steps in process of control||Discuss the steps in the process of controlling.|
|Part B: Business Finance and Marketing|
|Unit 9: Financial Management|
|Concept, role and objectives of Financial Management|
|Financial decisions: investment, financing and dividend- Meaning and factors affecting||Discuss the three financial decisions and the factors affecting them|
|Financial Planning – concept and importance|
|Capital Structure – concept and factors affecting capital structure|
|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), methods of floatation in the primary market|
|Stock Exchange – Functions and trading procedure|
|Securities and Exchange Board of India (SEBI) – objectives and functions|
|Unit 11: Marketing|
|Marketing – Concept, functions and philosophies|
|Marketing Mix – Concept and elements|
|Product – branding, labelling and packaging – Concept|
|Price – Concept, Factors determining price|
|Physical Distribution – concept, components and channels of distribution|
|Promotion – Concept and elements; Advertising, Personal Selling, Sales|
Promotion and Public Relations
|Unit 12: Consumer Protection|
|Concept and importance of consumer protection|
|Consumer Protection Act 1986: Meaning of consumer Rights and responsibilities of consumers Who can file a complaint? Redressal machinery Remedies available|
|Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs)||Describe the role of consumer organizations and NGOs in protecting consumers’ interests.|
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