CBSE Class 12 Business Studies Syllabus 2024-25, Download Official PDF

CBSE Class 12 Business Studies Syllabus 2024-25

The CBSE Class 12 Business Studies syllabus for 2024-25 is designed to help students understand various business concepts, principles, and practices, essential for making informed decisions in real-life business situations. This syllabus is divided into three parts: Part A – Principles and Functions of Management, Part B – Business Finance and Marketing, and Part C – Project Work.

Class 12 Business Studies Syllabus 2024-25: Overview

Part	Units	Periods	Marks
Part A	Principles and Functions of Management
1	Nature and Significance of Management	12	16
2	Principles of Management	14
3	Business Environment	12
4	Planning	14	14
5	Organising	15
6	Staffing	16	20
7	Directing	15
8	Controlling	12
Total		110	50
Part B	Business Finance and Marketing
9	Financial Management	20	15
10	Financial Markets	18
11	Marketing Management	30	15
12	Consumer Protection	12
Total		80	30
Part C	Project Work	30	20

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management

Concept:

• Understand the concept of management.
• Explain the meaning of ‘Effectiveness and Efficiency.’
• Discuss the objectives of management.
• Describe the importance of management.

Management as Science, Art, and Profession:

• Examine the nature of management as a science, art, and profession.

Levels of Management:

• Understand the role of top, middle, and lower levels of management.

Management Functions – Planning, Organizing, Staffing, Directing, and Controlling:

• Explain the functions of management.

Coordination – Concept and Importance:

• Discuss the concept and characteristics of coordination.
• Explain the importance of coordination.

Unit 2: Principles of Management

Principles of Management – Concept and Significance:

• Understand the concept of principles of management.
• Explain the significance of management principles.

Fayol’s Principles of Management:

• Discuss the principles of management developed by Fayol.

Taylor’s Scientific Management – Principles and Techniques:

• Explain the principles and techniques of ‘Scientific Management.’
• Compare the contributions of Fayol and Taylor.

Unit 3: Business Environment

Business Environment – Concept and Importance:

• Understand the concept of ‘Business Environment.’
• Describe the importance of the business environment.

Dimensions of Business Environment – Economic, Social, Technological, Political, and Legal:

• Describe the various dimensions of the ‘Business Environment.’

Demonetization – Concept and Features:

• Understand the concept of demonetization.

Unit 4: Planning

Planning – Concept, Importance, and Limitation:

• Understand the concept of planning.
• Describe the importance of planning.
• Understand the limitations of planning.

Planning Process:

• Describe the steps in the process of planning.

Single Use and Standing Plans: Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, and Programme:

• 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

Organising – Concept and Importance:

• Understand the concept of organizing as a structure and as a process.
• Explain the importance of organizing.

Organising Process:

• Describe the steps in the process of organizing.

Structure of Organisation – Functional and Divisional Concept:

• Describe functional and divisional structures of the organization.
• Explain the advantages, disadvantages, and suitability of functional and divisional structure.

Formal and Informal Organisation – Concept:

• Understand the concept of formal and informal organisation.
• Discuss the advantages and disadvantages of formal and informal organisation.

Delegation – Concept, Elements, and Importance:

• Understand the concept of delegation.
• Describe the elements of delegation.
• Appreciate the importance of delegation.

Decentralization – Concept and Importance:

• Understand the concept of decentralization.
• Explain the importance of decentralization.
• Differentiate between delegation and decentralization.

Unit 6: Staffing

Staffing – Concept and Importance:

• Understand the concept of staffing.
• Explain the importance of staffing.

Staffing as a Part of Human Resource Management:

• Understand the specialized duties and activities performed by Human Resource Management.

Staffing Process:

• Describe the steps in the process of staffing.

Recruitment Process:

• Understand the meaning of recruitment.
• Discuss the sources of recruitment.
• Explain the merits and demerits of internal and external sources of recruitment.

Selection Process:

• Understand the meaning of selection.
• Describe the steps involved in the process of selection.

Training and Development – Concept, Importance, Methods:

• Understand the concept of training and development.
• Appreciate the importance of training for the organization and employees.
• Discuss induction training, vestibule training, apprenticeship training, and internship training.
• Differentiate between training and development.

Unit 7: Directing

Directing – Concept and Importance:

• Describe the concept of directing.
• Discuss the importance of directing.

Elements of Directing:

• Describe the various elements of directing.

Motivation – Concept, Maslow’s Hierarchy of Needs, Financial, and Non-Financial Incentives:

• Understand the concept of motivation.
• Develop an understanding of Maslow’s Hierarchy of needs.
• Discuss the various financial and non-financial incentives.

Leadership – Concept and Styles:

• Understand the concept of leadership.
• Understand the various styles of leadership (authoritative, democratic, and laissez-faire).

Communication – Concept, Formal and Informal, Barriers to Effective Communication:

• Understand the concept of communication.
• Understand the elements of the communication process.
• Discuss the concept of formal and informal communication.
• Discuss the barriers to effective communication and suggest measures to overcome them.

Unit 8: Controlling

Controlling – Concept and Importance:

• Understand the concept of controlling.
• Explain the importance of controlling.

Relationship Between Planning and Controlling:

• Describe the relationship between planning and controlling.

Steps in the Process of Control:

• Discuss the steps in the process of controlling.

Part B: Business Finance and Marketing

Unit 9: Financial Management

Financial Management – Concept, Role, and Objectives:

• Understand the concept of financial management.
• Explain the role of financial management in an organisation.
• Discuss the objectives of financial management.

Financial Decisions – Investment, Financing, and Dividend:

• Discuss the three financial decisions and the factors affecting them.

Financial Planning – Concept and Importance:

• Describe the concept of financial planning and its objectives.
• Explain the importance of financial planning.

Capital Structure – Concept and Factors:

• Understand the concept of capital structure.
• Describe the factors determining the choice of an appropriate capital structure of a company.

Fixed and Working Capital – Concept and Factors Affecting Requirements:

• Understand the concept of fixed and working capital.
• Describe the factors determining the requirements of fixed and working capital.

Unit 10: Financial Markets

Financial Markets – Concept:

• Understand the concept of the financial market.

Money Market – Concept:

• Understand the concept of the money market.

Capital Market and Its Types (Primary and Secondary):

• Discuss the concept of the capital market.
• Explain primary and secondary markets.
• Differentiate between the capital market and money market.
• Distinguish between primary and secondary markets.

Stock Exchange – Functions and Trading Procedure:

• Understand the meaning of a stock exchange.
• Explain the functions of a stock exchange.
• Discuss the trading procedure in a stock exchange.
• Understand depository services and demat accounts used in securities trading.

Securities and Exchange Board of India (SEBI) – Objectives and Functions:

• State the objectives of SEBI.
• Explain the functions of SEBI.

Unit 11: Marketing

Marketing – Concept, Functions, and Philosophies:

• Understand the concept of marketing.
• Explain the features and functions of marketing.
• Describe marketing philosophies.

Marketing Mix – Concept and Elements:

• Understand the concept of the marketing mix.
• Describe the elements of the marketing mix.

Product – Branding, Labelling, and Packaging:

• Understand the concept of a product as an element of the marketing mix.
• Explain branding, labelling, and packaging.

Price – Concept and Factors:

• Understand the concept of price as an element of the marketing mix.
• Describe the factors determining the price of a product.

Physical Distribution – Concept, Components, and Channels:

• Understand the concept of physical distribution.
• Explain the components of physical distribution.
• Describe the various channels of distribution.

Promotion – Concept and Elements:

• Understand the concept of promotion as an element of the marketing mix.
• Describe the