Supplementary Study Material For New Syllabus For Business Studies
UNIT–4: PLANNING Sub Topic: Single Use and Standing Plans PLAN A plan is a specific action proposed to help the organization achieve its objectives. It is a document that outlines how goals are going to be met. The importance of developing Plans is evident from the fact that…
CBSE Class 12 Business Studies Marketing Management Notes
COCEPT MAPPING:1.Market, Consumer, Seller / Marketer – meaning2.Marketing – Meaning, Features 3.Marketing Management Philosophies4.Marketing Functions5.Marketing Mix – product, price, place and promotion6.Advertising – meaning, features, merits and limitations..7.Objections to…
CBSE Class 12 Business Studies Staffing Notes
1.Concept and importance of staffing.2.Staffing as a part of Human Resource Management.3.Staffing process:a. Recruitment – sourcesb. Selection – process4.Training and development – concept and importance.5.Methods of training – on the job and off the job – induction training…
CBSE Class 12 Business Studies Principles Of Management Notes
CONCEPT MAPPING Concept : Principles of management are general guidelines which can be used under certain situations. Nature : (a) universal applicability (b) formed by practice (c) flexible (d) mainly behaviou ral (e) cause and effect relationships (f) general guidelines…
CBSE Class 12 Business Studies Planning Notes
Concept : Deciding in advance what to do and how to do it. It involves setting objectives and developing an appropriate course of action to achieve these objectives. Planning is deciding in advance what to do, how to do it, when to do it and who is to do it. Planning bridges…
CBSE Class 12 Business Studies Organising Notes
Concept Mapping:1.Concept and important topics2.Organizing Process. al and divisional 3.Structure of organization – function 4.Formal and informal organization. 5. Delegation: concept, elements and importance6. Decentralization: concept and importance. Meaning of Organising…
CBSE Class 12 Business Studies Nature And Significance Of Management Notes
Linking of Class XI syllabus: 1. In sole proprietorship business, the owner him‐self manages his business. 2. In Partnership business all partners or any one partner on behalf of other partners can manage the business. 3.In HUF ‘Karta’ manages the business. 4. But in a Joint…
CBSE Class 12 Business Studies Financial Markets Notes
Introduction : Financial Market is a market for creation and exchange of financial assets like share, bonds etc. It helps in mobilising savings and channelising them into the most productive uses. It helps to link the savers and the investors by mobilizing funds between them.…
CBSE Class 12 Business Studies Financial Management Notes
Introduction :- Money required for carrying out business activities is called business finance. Finance is needed to establish a business, to run it, to modernise, it to expand or diversify it. Finanicial management is the activity concerned with the planning, raising …
CBSE Class 12 Business Studies Directing Notes
CONCEPT MAPPING: • Concept and importance• Elements of Directing-Supervision‐concept, functions of a supervisor.- Motivation‐concept, Maslow’s hierarchy of need: Financial and non‐financial incentives.-Leadership‐concept, styles‐authoritative, democratic and laissez faire.-…
CBSE Class 12 Business Studies Controlling Notes
Meaning of Controlling: Controlling means ensuring that activities in an organisation are performed as per the plans. Controlling also ensures that an organisation’s resources are being used effectively and efficiently for the achievement of predetermined goals. The…
CBSE Class 12 Business Studies Business Environment Notes
Meaning : The totality of all individuals, institutions and other forces that are outside a business enterprise but that may affect its functioning and performance. Nature : (a) totality of external forces (b) specific and general forces(c) Inter‐relatedness (d) dynamic (e)…