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
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