Class 12 Business Studies Marks Distribution |
Units | Marks |
Part A : Principles and Functions of Management |
Nature and Significance of Management | 16 |
Principles of Managemen |
Business Environment |
Planning | 14 |
Organising |
Staffing | 20 |
Directing |
Controlling |
Total | 50 |
Part B : Business Finance and Marketing |
Financial Managemen | 15 |
Financial Market |
Marketing Management | 15 |
Consumer Protection |
Total | 30 |
Project Work (One) | 20 |
Grand Total | 100 |
Structure of CBSE Business Studies Sample Paper for Class 12 is
Type of Question | Marks per Question | Total No. of Questions | Total Marks |
Objective Type Questions | 1 | 20 | 20 |
Short Answer Type Questions - 1 | 3 | 5 | 15 |
Short Answer Type Questions - 1 | 4 | 3 | 12 |
Long Answer Type Questions - 1 | 5 | 3 | 15 |
Long Answer Type Questions - 2 | 6 | 3 | 18 |
Total | 34 | 80 |
CBSE Syllabus for Class 12 Business Studies
Unit 1: Nature and Significance of Management
Concepts :
- Management - concept, objectives, and importance
- Management as Science, Art and Profession
- Levels of Management
- Management functions-planning, organizing, staffing, directing and controlling
- Coordination- concept and importance
Learning Outcome :
- Understand the concept of management.
- Explain the meaning of Effectiveness and Efficiency.
- Discuss the objectives of management.
- Describe the importance of management.
- Examine the nature of management as a science, art and profession.
- Understand the role of top, middle and lower levels of management
- Explain the functions of management
- Discuss the concept and characteristics of coordination.
- Explain the importance of coordination.
Unit 2: Principles of Management
Concepts :
- Principles of Management- concept and significance
- Fayol’s principles of management
- Taylor’s Scientific management- principles and techniques
Learning Outcome :
- Understand the concept of principles of management.
- Explain the significance of management principles.
- Discuss the principles of management developed by Fayol.
- Explain the principles and techniques of ‘Scientific Management’.
- Compare the contributions of Fayol and Taylor.
Unit 3: Business Environment
Concepts :
- Business Environment- concept and importance
- Dimensions of Business EnvironmentEconomic, Social, Technological, Political and Legal
- Demonetization - concept and features
Learning Outcome :
- Understand the concept of ‘Business Environment’.
- Describe the importance of business environment
- Describe the various dimensions of ‘Business Environment.
- Understand the concept of demonetization
Unit 4: Planning
Concepts :
- Concept, importance and limitation
- Planning process
- Single use and standing plans. Objectives, Strategy, Policy, Procedure, method Rule, budget and Programme
Learning Outcome :
- Understand the concept of planning.
- Describe the importance of planning.
- Understand the limitations of planning.
- Describe the steps in the process of planning.
- Develop an understanding of single use and standing plans.
- Describe objectives, policies, strategy, procedure, method, rule, budget and programme as types of plans.
Unit 5: Organising
Concepts :
- Concept and importance
- Organising Process
- Structure of organisation- functional and divisional concept. Formal and informal organisation- concept
- Delegation: concept, elements and importance
- Decentralization: concept and importance Understand the concept of decentralisation.
Learning Outcome :
- Understand the concept of organizing as a structure and as a process.
- Explain the importance of organising.
- Describe the steps in the process of organizing
- Describe functional and divisional structures of organisation.
- Explain the advantages, disadvantages and suitability of functional and divisional structure.
- Understand the concept of formal and informal organisation.
- Discuss the advantages, disadvantages of formal and informal organisation.
- Understand the concept of delegation.
- Describe the elements of delegation.
- Appreciate the importance of Delegation.
- Explain the importance of decentralisation.
- Differentiate between delegation and decentralisation.
Unit 6: Staffing
Concepts :
- 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 - vestibule training, apprenticeship training and internship training
Learning Outcome :
- Understand the concept of staffing.
- Explain the importance of staffing.
- Understand the specialized duties and activities performed by Human Resource Management
- Describe the steps in the process of staffing.
- Understand the meaning of recruitment.
- Discuss the sources of recruitment.
- Explain the merits and demerits of internal and external sources of recruitment.
- Understand the meaning of selection.
- Describe the steps involved in the process of selection.
- Understand the concept of training and development.
- Appreciate the importance of training to the organisation and to the employees.
- Discuss the meaning of induction training, vestibule training, apprenticeship training and internship training.
- Differentiate between training and development.
- Discuss on the job and off the job methods of training.
Unit 7: Directing
Concepts :
- Concept and importance
- Elements of Directing
- 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
Learning Outcome :
- Describe the concept of directing.
- Discuss the importance of directing
- Describe the various elements of directing
- Understand the concept of motivation.
- Develop an understanding of Maslow’s Hierarchy of needs.
- Discuss the various financial and non-financial incentives.
- Understand the concept of leadership.
- Understand the various styles of leadership.
- Understand the concept of communication
- Understand the elements of the communication process.
- Discuss the concept of formal and informal communication.
- Discuss the various barriers to effective communication.
- Suggest measures to overcome barriers to communication.
Unit 8: Controlling
Concepts :
- Controlling - Concept and importance
- Relationship between planning and controlling
- Steps in process of control
Learning Outcome :
- Understand the concept of controlling.
- Explain the importance of controlling.
- Describe the relationship between planning and controlling
- Discuss the steps in the process of controlling.
Part B: Business Finance and Marketing
Unit 9: Financial Management
Concepts :
- 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 and factors affecting capital structure
- Fixed and Working Capital - Concept and factors affecting their requirements
Learning Outcome :
- Understand the concept of financial management.
- Explain the role of financial management in an organisation.
- Discuss the objectives of financial management
- Discuss the three financial decisions and the factors affecting them.
- Describe the concept of financial planning and its objectives.
- Explain the importance of financial planning.
- Understand the concept of capital structure.
- Describe the factors determining the choice of an appropriate capital structure of a company.
- Understand the concept of fixed and working capital.
- Describe the factors determining the requirements of fixed and working capital.
Unit 10: Financial Markets
Concepts :
- Financial Markets: Concept
- Money Market: Concept
- Capital market and its types (primary and secondary)
- Stock Exchange - Functions and trading procedure
- Securities and Exchange Board of India (SEBI) - objectives and functions
Learning Outcome :
- Understand the concept of financial market.
- Understand the concept of money market.
- Discuss the concept of capital market.
- Explain primary and secondary markets as types of capital market.
- Differentiate between capital market and money market.
- Distinguish between primary and secondary markets.
- Give the meaning of a stock exchange.
- Explain the functions of a stock exchange.
- Discuss the trading procedure in a stock exchange.
- Give the meaning of depository services and demat account as used in the trading procedure of securities.
- State the objectives of SEBI.
- Explain the functions of SEBI.
Unit 11: Marketing
Concepts :
- Marketing – Concept, functions and philosophies
- Marketing Mix – Concept and elements
- Product - branding, labelling and packaging – Concept
- Price - Concept, Factors determining price
- Physical Distribution – concept, components and channels of distribution
- Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations
Learning Outcome :
- Understand the concept of marketing.
- Explain the features of marketing.
- Discuss the functions of marketing.
- Explain the marketing philosophies.
- Understand the concept of marketing mix.
- Describe the elements of marketing mix.
- Understand the concept of product as an element of marketing mix.
- Understand the concept of branding, labelling and packaging.
- Understand the concept of price as an element of marketing mix.
- Describe the factors determining price of a product.
- Understand the concept of physical distribution.
- Explain the components of physical distribution.
- Describe the various channels of distribution.
- Understand the concept of promotion as an element of marketing mix.
- Describe the elements of promotion mix.
- Understand the concept of advertising.
- Understand the concept of sales promotion.
- Discuss the concept of public relations.
Unit 12: Consumer Protection
Concepts :
- Concept and importance of consumer protection
- The Consumer Protection Act, 2019:
- Meaning of consumer
- Rights and responsibilities of consumers Who can file a complaint?
- Redressal machinery
- Remedies available
- Consumer awareness - Role of consumer organizations and Non-Governmental Organizations (NGOs)
Learning Outcome :
- Understand the concept of consumer protection.
- Describe the importance of consumer protection.
- Discuss the scope of Consumer Protection Act, 2019
- Understand the concept of a consumer according to the Consumer Protection Act, 2019.
- Explain the consumer rights
- Understand the responsibilities of consumers
- Understand who can file a complaint and against whom?
- Discuss the legal redressal machinery under Consumer Protection Act, 2019.
- Examine the remedies available to the consumer under Consumer Protection Act, 2019.
- Describe the role of consumer organizations and NGOs in protecting consumers’ interests.
For preparing for board exams students can also check out
CBSE Class 12 Business Studies Test Papers
Important Questions for Class 12 Business Studies Chapter Wise
Business Studies Revision Notes for class 12
Previous Year Question Paper CBSE Class 12 Business Studies
Why Sample Papers, Previous Year CBSE Board Papers and Important questions are important for the success in Class 12 Board Exams?
When it comes to the Business Studies for 12th class under the Central Board of School (CBSE) Board, it is considered to be the most important subject and immensely scoring compared to other subjects. But the irony is that Business Studies is considered the most daunting and dreadful subject by many students who feel this subject gives them nightmare. But the experience says that if the subject is handled and tackled properly it can fetch great dividends effectively. The in-depth understanding of fundamental concepts and practice are the two essential keys for cracking the formula of success in this subject.
How To Build Strong Foundation?
As some one has rightly said that great heights can only be attained if the foundation is strong and sturdy. This holds true for Business Studies subjects also because if basics are clear, then All the problems are solved with ease only.
One can follow few tips mentioned below for strengthening the basic concepts:
- Be Fully Attentive in the class while new topics are being taught by your respective teacher. No doubts should be left hovering in your head. Even if you feel your questions are silly, ask immediately as and when they arise with you teachers or tutors.
- Group discussions among friends are a great way to resolve any further doubts regarding the topics. Thus if possible one should make study groups with like minded friends and fix a particular to discuss relevant doubts and problems. This technique is considered to be the most effective during the preparation of Business Studies exams.
- There are several online sources for CBSE class 12 Business Studies topics. Youtube Videos are the most popular resources where one can get extensive explanatory videos on almost each topic.
Practice Makes the Man Perfect.
For Mastering the Business Studies Subject, One has to go through lots of practice, Yes practicing solving lots of problems, solving numerous types of questions on each topic. Once basic concepts and fundamentals have been learnt, the next thing is to learn their applications by practicing problems. Practicing the problems helps us immensely to gauge how well we have understood the concepts.
Certain Points needs to be kept in mind while solving problems:
- One should try to approach and solve a wide variety of problems thereby covering all the relevant topics, rather than sticking to similar ones.
- One or Two reference books should be considered for solving extra questions.
- Try to solve previous year question papers. This helps to boost your confidence while solving new varieties of problems which may appear in the exam.
- Start solving Sample Papers when the exam dates are nearing to get an actual feel of how the Business Studies paper might be.
- Try to focus on eliminating committing silly mistakes while solving the problems such as multiplying instead of adding, mixing up the positive and negative signs etc.
On ribblu.com you get lot of resource material to practice which includes sample question papers, worksheets, test papers, previous year board papers, important questions, solved papers, model papers everything free in PDF format.