CBSE has released syllabus of Class 12 for the academic session 2016‒2017.
The key contents of the syllabus issued by CBSE for Class 12th Business Studies are:
- Name of the Units and their weightage in Board Exam
- Details of topics and sub-topics to be covered in each unit
- Question Paper Design for CBSE Class 12th Business Studies Board Exam (2016-17)
- Details of project work
The main highlights of syllabus are as follows:
Name of the Units and their weightage in Board Exam
One Paper Total: 100 Marks
3 hours
| Units |
|
Periods |
Marks |
| Part A: Principles and Functions of Management |
|
|
|
| 1 |
Nature and Significance of Management |
14 |
16 |
| 2 |
Principles of Management |
14 |
|
| 3 |
Business Environment |
12 |
|
| 4 |
Planning |
14 |
14 |
| 5 |
Organizing |
18 |
|
| 6 |
Staffing |
16 |
20 |
| 7. |
Directing |
18 |
|
| 8 |
Controlling |
14 |
|
|
|
|
120 |
50 |
| Part B: Business Finance and Marketing |
|
|
|
| 9 |
Financial Management |
22 |
15 |
| 10 |
Financial Markets |
20 |
|
| 11 |
Marketing Management |
32 |
15 |
| 12 |
Consumer Protection |
16 |
|
| Part C: Project Work |
30 |
20 |
|
Details of topics and sub-topics to be covered in each unit
Part A: Principles and Functions of Management
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
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
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
Part B: Business Finance and Marketing
Concepts include meaning and features
Unit 9: Financial Management
Concept role and objectives of Financial Management.
Financial decisions: investment, financing and dividend – Meaning and factors affecting.
Financial planning - concept and importance.
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.
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 and Non-Governmental Organizations (NGOs).
Click Here, To get the Complete Syllabus of CBSE Class 12th Business Studies in PDF format