Class XII
On Paper
3 Hours
100 Marks
Uniwise Weightage
Units | Periods | Marks |
Part A :Principles and Functions of Management | ||
Nature and Significance of Management | 14 | 7 |
Principles of Management | 14 | 7 |
Management and Business Environment | 10 | 5 |
Planning | 14 | 7 |
Organizing | 16 | 10 |
Staffing | 16 | 8 |
Directing | 22 | 10 |
120 | 60 | |
Controlling | 14 | 6 |
Part B: Business Finance and Marketing | ||
Financial Management | 22 | 12 |
Financial Markets | 20 | 8 |
Marketing Management | 30 | 14 |
Consumer Protection | 16 | 6 |
88 | 40 |
Part A: Principles and Functions of Management
Unit I: Nature and significance of Management (Periods 14)
- Management - concept, objectives, importance
- Management as Science, Art, Profession.
- Levels of management
- Management functions - planning, organizing, staffing, directing and controlling
- Coordination - characteristics and importance
Unit 2: Principles of Management (Periods 14)
- Principles of Management - concept, nature and significance
- Fayol’s principles of management
- Taylor’s Scientific Management - principles and techniques
Unit 3: Managment and Business Environment (Periods 10)
- Business Environment - importance
- Dimensions of Business Environment - Economic, Social, Technological, Political and Legal
- Economic Environment in India; Impact of Government policy changes on business and industry, with special reference to adoption of the policies of liberalization, privatization and globalisation
Unit 4: Planning (Periods 14)
- Concept, features, importance, limitations
- Planning process
- Types of Plans - Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.
Unit 5: Organising (Periods 16)
- Concept and importance.
- Steps in the process of organising.
- Structure of organization - functional and divisional.
- Formal and informal organization.
- Delegation: concept, elements and importance.
- Decentralization: concept and importance.
Unit 6: Staffing (Periods 16)
- Concept and importance of staffing
- Staffing as a part of Human Resource Management
- Staffing process
- Recruitment-meaning and sources
- Selection-process
- Training and Development-Concept and importance.Methods of training
Unit 7: Directing (Periods 22)
- Concept and importance
- Elements of Directing
-Supervision -concept and role
- Motivation-concept, Maslow’s hierarchy of needs;Financial and non-financial incentives.
- Leadership-concept;qualities of a good leader
- Communication-concept,formal and informal communication;barriers to effective
communication.
Unit 8: Controlling (Periods 14)
- Concept and importance
- Relationship between planning and controlling
- Steps in the process of control
- Techniques of controlling : budgetary control,
Part B : Business Finance and Marketing
Unit 9: Financial Management (Periods 22)
- Concept, importance, objectives of financial management
- Financial decisions : factors affecting
- Financial planning - concept and importance.
- Capital Structure - concept and factors affecting
- Fixed and Working Capital - concept and factors affecting its requirements.
Unit 10: Financial Markets (Periods 20)
- Concept of Financial Market: Money Market and its instruments.
- Capital market and types - primary and secondary market.
- Stock Exchange - functions, Trading Procedure, NSEl, OCTEI.
- Securities and Exchange Board of India (SEBI)- Objectives and Functions.
Unit 11: Marketing Management (Periods 30)
- Marketing-meaning,functions and role, marketing and selling
- Marketing management philosophies.
- Marketing mix-elements
- Product-nature,classification,branding,labeling and packaging
- Price -Factors determining fixation of price
- Physical distribution: Elements; Channels of distribution:types,function,choice of
channels
- Promotion-Elements of promotion mix;Advertising-role,limitations,objections
against advertising.Personal selling-concept,importance;Sales promotion-merits,
limitations,methods;Publicity-concept and role.
Unit 12: Consumer Protection (Periods 16)
- Importance of consumer protection
- Consumer rights
- Consumer responsibilities
- Ways and means of consumer protection -Consumer awareness and legal redressal with reference to Consumer Protection Act.
- Role of consumer organizations and NGOs.
Recommended text books :
1. Business Studies - I, Published by NCERT
2. Business Studies - II — do —
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