Maharashtra State Board HSC Organization of Commerce and Management Syllabus and Marks Allotment

Units

Detailed Topics

UNIT-1 Nature and Scope of Business

• Concept and characteristics of business, Profession and Employment Meaning and distinctive features.
• Objectives of business-economic and social, role of profit in business.
• Classification of business activities
• Industry and Commerce
• Industry – Types of industries- primary secondary, tertiary
• Commerce-Trade-Auxiliaries. Business risks – nature and causes

UNIT-2 Small Business

• Small scale industry- Tiny sector, cottage and rural industry
• Role of small business in rural India
• Problems of small business in India
• Government Assistance and special schemes for industries in rural, backward and hilly areas

UNIT-3 Private, Public and Global Enterprises

• Private Sector and Public Sector
• Forms of organizing public sector enterprises – Departmental undertaking, Statutory corporation, Government company
• Changing role of public sector
• Global Enterprises (Multinational companies)  Joint Ventures – meaning, benefits

UNIT- 4 Internal Trade

• Meaning and types of internal trade Wholesale Trade and Retail Trade
• Services of a wholesaler and a retailer
• Types of Retail Trade -  Itinerant retailers and Fixed shops, Departmental store, Super market, Chain stores
• Role of Chamber of Commerce and industry

UNIT - 5 International Business

• Nature, importance, scope and complexities involved in international business
• Basic information about ways of entering into international business
• Contract manufacturing, licensing franchising, joint ventures and setting up wholly owned subsidies
• Export – import procedures and documentation Foreign Trade promotion organizational support and incentives
• Nature and importance of export processing zone/ Special Economic zones
• International Trade Institutions and Agreement. W.T.O.UNCTAD, WORLD BANK, I.M.F

UNIT-6 Business Environment

• Business Environment – meaning and 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 globalization

UNIT- 7 Marketing

• Marketing – meaning, functions, role
• Distinction between marketing and selling
• Marketing Mix – concept and elements- Product – nature, classification, branding labelling and packaging
• Physical distribution – meaning, role Channels of distribution – meaning, types, factors determining choice of channels
• Promotion – meaning and role, promotion mix, Role of Advertising and personal selling objections to Advertising
• Price – factors influencing pricing

UNIT-8 Nature and significance of management

• Management – concept, objectives, importance Nature of management, management as Science, Art, profession
• Levels of management – top, middle, supervisory (first level)

Units

Detailed Topics

UNIT-1 Forms of business organizations

• Sole proprietorship, Joint Hindu Family Business – meaning, features, merits and demerits
• Partnership – meaning, types, registration, merits, limitations, types of partners
• Co – Operative societies – types, merits and limitations.  Company – Private Ltd, Public Ltd – merits, limitations
• Starting a business – Basic factors
• Choice of forms of business organizations

UNIT-2 Business services

• Nature and types of Business services – Banking, Insurance, Transportation, Warehousing, communication
• Banking – types of banks, functions of commercial banks, E – banking.  Insurance – principles & types of life, fire, marine insurances
• Postal and Telecom services
• Warehousing – types and functions.  Transport – meaning, role, means

UNIT -3 Emerging modes of Business

• E – business – Meaning, Scope and benefits. Resource required for successful E –Business implementation
• On – line transactions, payment mechanism.  Security and safety of business transactions
• Outsourcing – Concept, need and scope.

UNIT-4 Social Responsibilities of business and business ethics

• Concept of social responsibility
• Cases for social responsibility
• Responsibility towards different interest groups, owners, investors, employees, consumers, government, community, public in general
• Business ethics – concept and elements
• Business and environmental protection

UNIT-5 Consumer protection

• Importance of consumer protection
• Rights of consumers
• Consumer responsibilities
• Ways and means of consumer protection
• Consumer awareness and legal redressal with special reference to Consumer Protection Act
• Role of Consumer Organization and NGOS

UNIT-6 Principles of Management

• Principles of Management – meaning, nature and significance
• Fayol’s Principles of Management
• Taylor’s scientific management – Principles and Techniques

UNIT-7 Functions of Management

• Planning – Meaning, Nature, Importance
• Organizing – Meaning, Nature, Importance
• Staffing – Meaning, Nature, Importance
• Directing – Meaning, Nature, Importance
• Controlling – Meaning, Nature, Importance
• Coordinating – Meaning, Nature, Importance

UNIT-8 Entrepreneurship Development

• Concept, Functions and Need
• Entrepreneurship: Characteristics and Competencies
• Process of entrepreneurship development
• Entrepreneurship Values: Attitudes and Motivation- Meaning and concept

Units

Marks Allotted

UNIT-1 Forms of business organizations

23

UNIT-2 Business services

12

UNIT -3 Emerging modes of Business

07

UNIT-4 Social Responsibilities of business and business ethics

07

UNIT-5 Consumer protection

07

UNIT-6 Principles of Management

07

UNIT-7 Functions of Management

12

UNIT-8 Entrepreneurship Development

05

Total

80 marks