CBSE Class 12 Business Studies Syllabus 2018 – 2019

Latest CBSE Class 12 Business Studies Syllabus is available here. This syllabus is applicable for the academic session 2018 – 2019.
This year some more topics (such as Demonetization) are added to the syllabus. Students preparing for CBSE Class 12 Business Studies board exam are advised to thoroughly study this latest syllabus.

The main contents of CBSE Class 12 Business Studies Syllabus 2018 - 2019 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 of CBSE Class 12th Business Studies Board Exam (2018 - 19)

• Details of project work

The complete CBSE Class 12 Business Studies Syllabus 2018 - 2019 is given below

Details of topics and sub-topics to be covered in each unit

Part A: Principles and Functions of Management

Concept includes meaning and features

CBSE Class 12 Business Studies Paper: 2018

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

Demonetization - concept and features

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 concept

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 λ.

Capital Structure – concept.

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).

Unit 13: Project Work

To learn about the project work, download the PDF of CBSE Class 12 Business Studies Syllabus.

Download CBSE Class 12 Business Studies Syllabus 2018 – 2019