CBSE Class 12 Business Studies Syllabus 2020-21 Chapters, Topics, Weightage

0

CBSE Class 12 Business Studies Syllabus 2021: Check out the Information about CBSE Class 12 Business Studies Syllabus 2020-21, Chapter, Topics – Download PDF in this article. Students who are searching for  Central Board of Secondary Education (CBSE) Business Studies Syllabus for Class 12, 2020-21 are on a right track. Class XII Students may not have to worry about their Exam Syllabus. As, we have provided the Details about Class 12 CBSE Business Studies Syllabus 2020-21 in this article. Students should check out this article to get complete details about CBSE 12th Class Business Studies Syllabus for 2019-20 (सीबीएसई कक्षा 12 व्यावसायिक अध्ययन पाठ्यक्रम). Download the pdf for CBSE Business Studies Syllabus Class 12, 2018 from the given link provided in this article.

Rationale

The courses in Business Studies and Accountancy are introduced at + 2 stages of Senior Secondary Education as formal commerce education is provided after the first ten years of schooling. Therefore, it becomes necessary that instructions in these subjects are given in such a manner that students have a good understanding of the principles and practices bearing in business (trade and industry) as well as their relationship with society.
Business is a dynamic process that brings together technology, natural resources, and human initiative in a constantly changing global environment. To understand the framework in which a business operates, a detailed study of the organization and management of business processes and its interaction with the environment is required.
Globalization has changed the way organizations transact their business. Information Technology is becoming a part of business operations in more and more organizations. Computerized systems are fast replacing other systems. E-business and other related concepts are picking up fast which needs to be emphasized in the curriculum.
The course in Business Studies prepares students to analyze, manage, evaluate and respond to changes that affect business. It provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and are influenced by social, political, legal and economic forces.

It allows students to appreciate that business is an integral component of society and develops an understanding of many social and ethical issues. Therefore, to acquire basic knowledge of the business world, a course in Business Studies would be useful. It also informs students of a range of study and work options and bridges the gap between school and work.

Objectives for CBSE Class 12 Business Studies 2018 – 2019 :

  • To acquaint students with the dynamic nature and inter-dependent aspects of business
  • To develop students with an understanding of the processes of business and its environment
  • To familiarize students with theoretical foundations of the process of organizing and managing the operations of a business firm
  • To acquaint students with the practice of managing the operations and resources of the business
  • To inculcate appropriate attitude and develop skills among students to pursue higher education, the world of work including self – employment.
  • To develop an interest in the theory and practice of business, trade, and industry
  • To help students appreciate the economic and social significance of business activity and the social cost and benefits arising there from
  • To enable students to act more effectively and responsibly as consumers, employers, employees, and citizens
  • To develop a business attitude and skills in students.

CBSE Class 12 Business Studies Syllabus 2020-21 Marks Weightage

The PDF link was given below and the Units and Unit wise Marks were also mentioned below in a table format. The Syllabus was not changed and the same as like previous year’s syllabus only. But, the unit-wise marks were some changed.

Download CBSE Class 12 Business Studies Syllabus 2020-21 

Units Marks
Part APrinciples and Functions of Management16

 

 

1Nature and Significance of Management
2Principles of Management
3Business Environment14

 

4Planning
5Organizing10

 

 

 

6Staffing
7Directing
8Controlling
 Total50
Part BBusiness Finance and Marketing 
9Financial Management15

 

10Financial Markets
11Marketing Management15

 

12Consumer Protection
 Total30

 

CBSE Class 12 Business Studies Syllabus 2019-20

Units  Unit NamesMarks
Part – APrinciples and Functions of Management
1Nature and Significance of Management16 Marks
2Principles of Management
3Business Environment
4Planning14 Marks
5Organizing
6Staffing20 Marks
7Directing
8Controlling
Part – BBusiness Finance and Marketing
9Financial Management15 Marks
10Financial Markets
11Marketing Management15 Marks
12Consumer Protection
Part – CProject Work20 Marks
Total Marks100 Marks

Class 12 CBSE Business Studies Syllabus 2018 – 2019

Part – A: Principles and Functions of Management

The concept includes Meaning and Features
Unit – 1: Nature and Significance of Management

Management-concept, objectives, and importance

·         Concept includes meaning and features

After going through this unit, the student/ learner would be able to:

  • 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 significanceAfter going through this unit, the student/ learner would be able to:

  • 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 importanceAfter going through this unit, the student/ learner would be able to :
Understand the concept of ‘Business Environment’.
Describe the importance of the business environment
Dimensions of Business Environment Economic, Social, Technological, Political and Legal
Demonetization – concept, and features
Describe the various dimensions of ‘Business Environment’.
Understand the concept of demonetization
Impact of Government policy changes on business with special reference to liberalization, privatization, and globalization in IndiaExamine the impact of government policy changes on business in India with reference to liberalisation, privatization, and globalisation since 1991.
Discuss the managerial response to changes in the business environment.

Unit – 4: Planning

Concept, importance, and limitationAfter going through this unit, the student/ learner would be able to:

  • Understand the concept of planning.
  • Describe the importance of planning.
  • Understand the limitations of planning.
Planning processDescribe 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 program as types of plans.

Unit – 5: Organising

Concept and importanceAfter going through this unit, the student/ learner would be able to:

  • 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. Formal and informal organisation- concept
  • Describe the functional and divisional structures of organisation.
  • Explain the advantages, disadvantages, and suitability of functional and divisional structures.
  • Understand the concept of formal and informal organization.
  • Discuss the advantages, 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

Concept and importance of staffingAfter going through this unit, the student/learner would be able to:

  • Understand the concept of staffing.
  • Explain the importance of staffing
Staffing as a part of the Human Resource Management concept
  • 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 and importance, Methods of training- on the job and off the job – vestibule training,
apprenticeship training and internship training
  • Understand the concept of training and development.
  • Appreciate the importance of training to the organization 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

Concept and importanceAfter going through this unit, the student/ learner would be able to:

  • Describe the concept of directing.
  • Discuss the importance of directing
Elements of Directing
  • Describe the four elements of directing
Supervision –concept, the function of a supervisor
  • Understand the concept of supervision.
  • Discuss the functions performed by a supervisor.
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, styles- authoritative, democratic and laissez faire
  • Understand the concept of leadership.
  • Understand the various styles of leadership.
Communication- concept, formal and informal communication; barriers to effective communication, how to overcome the barriers
  • 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

Concept and importanceAfter going through this unit, the student/ learner would be able to:

  • 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
The concept includes meaning and features
Unit – 9: Financial Management

Concept, role, and objectives of Financial ManagementAfter going through this unit, the student/ learner would be able to:

  • 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- Meaning and factors affecting
  • 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
  • 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 their 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, Functions, and typesAfter going through this unit, the student/ learner would be able to:

  • Understand the concept of the financial market.
  • Explain the functions of the financial market.
  • Understand the capital market and money market as types of financial markets.
Money market and its instruments
  • Understand the concept of the money market.
  • Describe the various money market instruments.
Capital market and its types (primary and secondary), methods of floatation in the primary market
  • Discuss the concept of the capital market.
  • Explain primary and secondary markets as types of the capital markets.
  • Differentiate between capital market and money market.
  • Discuss the methods of floating new issues in the primary market.
  • Distinguish between primary and secondary markets.
Stock Exchange- Functions and trading procedure
  • 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.
Securities and Exchange Board of India (SEBI) – objectives and functions
  • State the objectives of SEBI.
  • Explain the functions of SEBI.

Unit – 11: Marketing Management

Selling and Marketing- ConceptAfter going through this unit, the student/ learner would be able to:

  • Understand the concept of selling, marketing.
  • Explain the features of marketing.
  • Distinguish between marketing and selling.
Marketing Management- ConceptDescribe the concept of marketing management.
Marketing FunctionsDiscuss the functions of marketing.
Marketing management philosophiesExplain marketing management philosophies.
Marketing Mix – Concept and elements
  • Understand the concept of the marketing mix.
  • Describe the elements of the marketing mix.
Product – branding, labeling, and packaging – Concept
  • Understand the concept of product as an element of the marketing mix.
  • Understand the concept of branding, labeling, and packaging.
Price- Concept, Factors determining the price
  • Understand the concept of price as an element of the marketing mix.
  • Describe the factors determining the price of a product.
Physical Distribution – concept and components, channels of distribution: types, choice of channels.
  • Understand the concept of physical distribution.
  • Explain the components of physical distribution.
  • Describe the various channels of distribution.
  • Discuss the factors determining the choice of channels of distribution.
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
  • Understand the concept of promotion as an element of the marketing mix.
  • Describe the elements of the promotion mix.
  • Understand the concept of advertising.
  • Describe the role of advertising.
  • Examine the objections to advertising.
  • Understand the concept of personal selling.
  • Discuss the qualities of a good salesman.
  • Understand the concept of sales

Unit – 12: Consumer Protection

Concept and importance of consumer protectionAfter going through this unit, the student/ learner would be able to:

  • Understand the concept of consumer protection.
  • Describe the importance of consumer protection.
  • Discuss the scope of the Consumer Protection Act, 1986
Consumer Protection Act 1986: Meaning of consumer Rights and responsibilities of consumers Who can file a complaint against whom?
Redressal machinery Remedies available
  • Understand the concept of a consumer according to the Consumer protection Act 1986.
  • Explain consumer rights
  • Understand the responsibilities of consumers
  • Understand who can file a complaint and against whom?
  • Discuss the legal redressal machinery under the Consumer Protection Act 1986.
  • Examine the remedies available to the consumer under Consumer protection Act 1986.
Consumer awareness- Role of consumer organizations and Non-Governmental Organizations (NGOs).Describe the role of consumer organizations and NGOs in protecting consumers’ interests.

Unit : 13: Project Work

Download PDF  Link for CBSE Class 12 Business Studies Syllabus 2018 – 19    Click Here

 

We have provided the CBSE Syllabus of Business Studies for 12th Class Students in this article. Students who are going to write exams may not worry about anything as we have provided everything Related to the subject in this article. So, after reading this article students must be started preparing for the Exams.

Also, keep following us for such Updates and Do not forget to share this article with your friends. So, they may also know about CBSE Class 12 Business Studies Syllabus 2020-21 and they may also start preparing for the Exams.

You might also like
Leave A Reply

Your email address will not be published.