Learn about important topics from which questions are expected in CBSE Class 12 Business Studies board exam 2018. This paper is scheduled to be held on 9 March 2018.After the analysis of previous year Business Studies papers, we have learned about some important concepts. Questions from these concepts are expected in CBSE Class 12 Business Studies board exam 2018. While preparing for the exam, students should give priority to the topics given below.
Students preparing for CBSE Class 12 Business Studies paper are advised to go through latest Sample Papers. This paper is recently published by CBSE.
CBSE Class 12 Business Studies Sample Paper: 2018
Important topics for Business Studies board exam are given below:
Unit - 1: Nature and Significance of Management
| Management- concepts, objective and importance |
| Concepts include meaning and features, management as science, art and profession levels of management |
| Management functions- planning, organizing, staffing, directing and controlling |
| Coordination- concept and importance |
CBSE Class 12 Business Studies Board Exam 2018: Blueprint or Question Paper Design
Unit - 2: Principles of Management
| Principles of Management- concept and significance |
| Fayol’s principles of management |
| Taylor’s scientific management- principles and techniques |
Unit - 3: Management and Business Environment
CBSE Class 12 NCERT Textbooks and NCERT Solutions
| Business Environment- concept and importance |
| Dimension of Business Environment- Economic, Social, Technological, Political and Legal |
| Impact of Government policy changes on business with special reference to liberalization, privatization and globalisation in India |
Unit - 4: Planning
| Concept, importance and limitation |
| Planning process |
| Single use and standing plans. Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme |
Unit - 5: Organising
| Concept and importance |
| Organizing Process |
| Structure of organization - functional and divisional |
| Formal and informal organization |
| 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, functions 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 |
Unit 9: Financial Management
| Concept role and objectives of Financial Management |
| Financial decisions: investment, financing and dividend – Meaning and factors affecting |
| Capital Structure - concept & factors determining 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 |
CBSE Class 12 Business Studies Question Paper 2017
Unit 11: Marketing Management
| Selling and Marketing- Concept |
| Marketing Management- Concept |
| Marketing Function |
| Marketing management philosophies |
| Marketing Mix – Concept and elements |
| Product branding, labeling and packaging- Concept |
| Price – Concepts, factors determining price |
| Physical distribution- concept and components, channels of distribution: types, choice of channels |
| Promotion - concept and elements; advertising- concept, 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 and against whom? |
| Redressal machinery |
| Remedies available |
| Consumer awareness - Role of consumer organizations & Non-Governmental Organizations (NGOs) |
CBSE Class 12 Economics Syllabus 2017-2018
Some important tips for Class 12 Business studies board exam 2018:
- Answer is board exam should be to the point avoid writing unnecessary points
- You can underline or highlight important points
- Always stick to word limit
- Draw diagram and flowcharts wherever possible (especially in 5 or 6 marks questions)
- Always try to use trending examples (from latest news) but don’t write any incorrect statement or facts
- You can also try to solve question paper from 6 marks questions (only if you are confident otherwise it may lead to mismanagement of time)
Before appearing for CBSE Class 12 Business Studies board exam 2018, students should also practice previous year papers (5 to 10 years). Solving previous year papers will help students understand the level of questions which are asked in the board exam. Solving previous year papers will enhance the writing speed and also boost the confidence level of a student.