Students of CBSE Class 12 have Business Studies as a subject that exposes the students to useful business concepts. Find Class 12 notes for Business Studies that are prepared by subject matter experts; these notes notes will provide you with complete overview of all the chapters of business studies that will help you perform well in the exams.
Class 12 Business Studies portion is divided into two major parts:
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- First part consists of: Principles and Functions of Management – Nature and Significance of Management, Principles of Management, Business Environment, Planning Organizing, Staffing, Directing and Controlling.
- Second Part consists of: Business Finance and Marketing. Financial Management.
Chapters in Class 12 Business Studies:
Chapter 1 – Nature And Significance of Management
- Definition of Management.
- Effectiveness v. Efficiency.
- Characteristics of Management.
- Management Objectives.
- Importance of Management.
Chapter 2 – Principles of Management
- Nature of Business Management.
- Significance of Principles of Management.
- Principles of Scientific Management.
- Fayol’s Principle of Management.
Chapter 3 – Business Environment
- Meaning
- Features
- Dimensions
- Importance
Chapter 4 – Planning
- Importance
- Features
- Types
- Planning Process
Chapter 5 – Organising
- Introduction
- Importance
- Organisational Structure
- Delegation
- Importance of Delegation
Chapter 6 – Staffing
- Meaning
- Importance
- Process
- Recruitment
- Sources of Recruitment
Chapter 7 – Directing
- Meaning
- Characteristics
- Importance
- Principles
- Elements of Directing
Chapter 8 – Controlling
- Meaning
- Importance
- Limitations
- Relationship between Planning and Controlling
Chapter 9 – Financial Management
- Financial Management.
- Financial Decisions.
- Factors Affecting Financial Decisions.
- Factors Affecting Capital Budgeting Decisions.
- Factors Affecting Dividend Decision.
- Financial Planning.
- Capital Structure.
- Debt v. Equity.
Chapter 10 – Financial Markets
- Concepts.
- Functions.
- Types.
- Capital v. Money Market.
Chapter 11 – Marketing
- Meaning
- Features
- Marketing and Selling
- Functions of Marketing
Chapter 12 – Consumer Protection
- Meaning
- Importance
- Legal Protection
- Consumer Rights
Chapter 13 – Entrepreneurship Development
- Meaning
- Concept
- Characteristics
- Roles and Functions of Entrepreneurship
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