CBSE Class 12 Business Studies Syllabus 2022-23

CBSE Class 12 Business Studies Syllabus: Business Studies includes Nature and Principles of Management, Business Environment, Planning, Organising, Staffing, Directing etc. Business Studies is one of the theoretical subjects and it has a wide range of scope. Here is the detailed syllabus.

Total Marks allotted for the Business Studies paper will be 100 and out of 100Marks, 80 Marks for Theory, and 20 Marks for Project. Here is the detailed syllabus. The total time for the Exam will be of 3 Hours. Business Studies Paper code is 054.

CBSE Class – 12
Business Studies (Code No. 054)
XII (2022-23)

Theory: 80 Marks
Project: 20 Marks
Time: 3 Hours

CBSE Class 12 Business Studies Syllabus 2022-23

Part A: Principles and Functions of Management (50 Marks)

Unit 1: Nature and Significance of Management Concept

• Management – Concept, Objectives, and Importance
• Management as Science, Art and Profession
• Levels of Management
• Management functions – Planning, Organizing, Staffing, Directing and Controlling
• Coordination – Concept and Importance

Unit 2: Principles of Management

• Principles of Management – Concept and Significance
• Fayol’s principles of management
• Taylor’s Scientific management – Principles and Techniques

Unit 3: Business Environment

• Business Environment – Concept and Importance
• Dimensions of Business Environment – Economic, Social, Technological, Political and Legal
• Demonetization – Concept and Features

Unit 4: Planning

• Planning – Concept, importance and limitation
• Planning process
• Single use and standing plans. Objectives, Strategy, Policy, Procedure, method Rule, Budget and Programme

Unit 5: Organising

• Organising – Concept and importance
• Organising Process
• Structure of Organisation – Functional and Divisional Concept; Formal and Informal Organisation- Concept
• Delegation – Concept, Elements and Importance
• Decentralization – Concept and Importance

Unit 6: Staffing

• Staffing – Concept and Importance of Staffing
• Staffing as a part of Human Resource Management concept
• Staffing – process
• Recruitment – process
• Selection – process
• Training and Development – Concept and importance; Methods of training – on the job and off the job – vestibule training, apprenticeship training and internship training

Unit 7: Directing

• Directing – Concept and Importance
• Elements of Directing
• Motivation – Concept, Maslow’s hierarchy of needs, Financial and non-financial incentives
• Leadership – Concept, Styles – authoritative, democratic and laissez faire
• Communication – Concept, Formal and Informal Communication; Barriers to Effective Communication, How to Overcome the Barriers

Unit 8: Controlling

• Controlling – Concept and Importance
• Relationship between planning and controlling
• Steps in process of control

Part B: Business Finance and Marketing (30 Marks)

Unit 9: Financial Management

• Financial Management – Concept, role and objectives
• Financial decisions – Investment, financing and dividend- Meaning and factors affecting
• Financial Planning – Concept and importance
• Capital Structure – Concept and factors affecting capital structure
• Fixed and Working Capital – Concept and factors affecting their requirements

Unit 10: Financial Markets

• Financial Markets – Concept
• Money Market – Concept
• Capital Market – Types (primary and secondary)
• Stock Exchange – Functions and trading procedure
• Securities and Exchange Board of India (SEBI) – Objectives and functions

Unit 11: Marketing

• Marketing – Concept, functions and philosophies
• Marketing Mix – Concept and elements
• Product – Branding, Labelling and Packaging – Concept
• Price – Concept, Factors determining price
• Physical Distribution – concept, components and channels of distribution
• Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations

Unit 12: Consumer Protection

• Concept and importance of consumer protection
• The Consumer Protection Act, 2019 –
  – Meaning of consumer Rights and responsibilities of consumers
  – Who can file a complaint?
  – Redressal machinery
  – Remedies available
• Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs)

Part C: Project Work (20 Marks)

• Initiative, cooperativeness and participation (2 Marks)
• Creativity in presentation (2 Marks)
• Content, observation and research work (4 Marks)
• Analysis of situations (4 Marks)
• Viva (8 Marks)

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