CBSE Class 12 Business Studies Syllabus 2022-23
Business Studies Theory
Theory: 80 Marks
Time: 3 Hours
Project: 20 Marks
Units |
|
Periods |
Marks |
Part A |
Principles and Functions of Management |
|
|
1. |
Nature and Significance of Management |
12 |
16 |
2 |
Principles of Management |
14 |
|
3 |
Business Environment |
12 |
|
4 |
Planning |
14 |
14 |
5 |
Organising |
15 |
|
6 |
Staffing |
16 |
20 |
7 |
Directing |
15 |
|
8 |
Controlling |
12 |
|
|
Total |
110 |
50 |
Part B |
Business Finance and Marketing |
|
|
9 |
Financial Management |
20 |
15 |
10 |
Financial Markets |
18 |
|
11 |
Marketing Management |
30 |
15 |
12 |
Consumer Protection |
12 |
|
|
Total |
80 |
30 |
|
|
|
|
Part C |
Project Work (One) |
30 |
20 |
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 |
· Understand the concept of management. · Explain the meaning of ‘Effectiveness and Efficiency. · Discuss the objectives of management. · Describe the importance of management. |
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 controlling |
· 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. · Explain the significance of management principles. |
Fayol’s principles of management |
· Discuss the principles of management developed by Fayol. |
Taylor’s Scientific management- principles and techniques |
· 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 Environment- Economic, Social, Technological, Political and Legal
Demonetization – concept and features |
· Describe the various dimensions of ‘Business Environment’. · Understand the concept of demonetization |
Unit 4: Planning
Concept, importance and limitation |
· Understand the concept of planning. · Describe the importance of planning. · Understand the limitations of planning. |
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, budget and programme as types of plans. |
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 Resource Management |
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 recruitment. |
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 |
· Understand the concept of training and development. |
job and off the job – vestibule training, apprenticeship training and internship training |
· Appreciate the importance of training to the organisation and to the employees. · Discuss the meaning of induction training, vestibule training, apprenticeship training and internship 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 |
· Understand the concept of financial management. · Explain the role of financial management in an organisation. · Discuss the 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 |
· Describe the concept of financial planning and its objectives. · Explain the importance of financial planning. |
Capital Structure – concept and factors affecting capital structure |
· Understand the concept of capital structure. · Describe the factors determining the choice of an appropriate capital structure of a company. |
Fixed and Working Capital – Concept and factors affecting their requirements |
· Understand the concept of fixed and working capital. · Describe the factors determining the requirements of fixed and working capital. |
Unit 10: Financial Markets
Financial Markets: Concept |
· Understand the concept of financial market. |
Money Market: Concept |
· Understand the concept of money market. |
Capital market and its types (primary and secondary) |
· Discuss the concept of capital market. · Explain primary and secondary markets as types of capital market. · Differentiate between capital market and money market. · Distinguish between primary and secondary markets. |
Stock Exchange – Functions and trading procedure |
· Give the meaning of a stock exchange. · Explain the functions of a stock exchange. · Discuss the trading procedure in a stock exchange. |
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· Give the meaning of depository services and demat account as used in the trading procedure of securities. |
Securities and Exchange Board of India (SEBI) – objectives and functions |
· State the objectives of SEBI. · Explain the functions of SEBI. |
Unit 11: Marketing
Marketing – Concept, functions and philosophies |
· Understand the concept of marketing. · Explain the features of marketing. · Discuss the functions of marketing. · Explain the marketing philosophies. |
Marketing Mix – Concept and elements |
· Understand the concept of marketing mix. · Describe the elements of marketing mix. |
Product – branding, labelling and packaging – Concept |
· Understand the concept of product as an element of marketing mix. · Understand the concept of branding, labelling and packaging. |
Price – Concept, Factors determining price |
· Understand the concept of price as an element of marketing mix. · Describe the factors determining price of a product. |
Physical Distribution – concept, components and channels of distribution |
· Understand the concept of physical distribution. · Explain the components of physical distribution. · Describe the various channels of distribution. |
Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations |
· Understand the concept of promotion as an element of marketing mix. · Describe the elements of promotion mix. · Understand the concept of advertising. · Understand the concept of sales promotion. · Discuss the concept of public relations. |
Unit 12: Consumer Protection
Concept and importance of consumer protection |
· Understand the concept of consumer protection. · Describe the importance of |
|
consumer protection. · Discuss the scope of Consumer Protection Act, 2019 |
The Consumer Protection Act, 2019: Source: http://egazette.nic.in/WriteReadData/2019/210422.pdf
Meaning of consumer Rights and responsibilities of consumers Who can file a complaint? Redressal machinery Remedies available |
· Understand the concept of a consumer according to the Consumer Protection Act, 2019. · Explain the consumer rights · Understand the responsibilities of consumers · Understand who can file a complaint and against whom? · Discuss the legal redressal machinery under Consumer Protection Act, 2019. · Examine the remedies available to the consumer under Consumer Protection Act, 2019. |
Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs) |
· Describe the role of consumer organizations and NGOs in protecting consumers’ interests. |
Unit 13: Project Work
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