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CBSE Class 12 Business Studies Board Exam 2018: Most Important Topics

Mayank Uttam

Learn about important topics from which questions are expected in CBSE Class 12 Business Studies board exam 2018. This paper is scheduled to be held on 9 March 2018.After the analysis of previous year Business Studies papers, we have learned about some important concepts. Questions from these concepts are expected in CBSE Class 12 Business Studies board exam 2018. While preparing for the exam, students should give priority to the topics given below.

Students preparing for CBSE Class 12 Business Studies paper are advised to go through latest Sample Papers. This paper is recently published by CBSE.

CBSE Class 12 Business Studies Sample Paper: 2018

Important topics for Business Studies board exam are given below:

Unit - 1: Nature and Significance of Management

Management- concepts, objective and importance

Concepts include meaning and features, management as science, art and profession levels of management

Management functions- planning, organizing, staffing, directing and controlling

Coordination- concept and importance

CBSE Class 12 Business Studies Board Exam 2018: Blueprint or Question Paper Design

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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: Management and Business Environment

CBSE Class 12 NCERT Textbooks and NCERT Solutions

Business Environment- concept and importance

Dimension of Business Environment- Economic, Social, Technological, Political and Legal

Impact of Government policy changes on business with special reference to liberalization, privatization and globalisation in India

Unit - 4: Planning

Concept, importance and limitation

Planning process

Single use and standing plans. Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme

Unit - 5: Organising

Concept and importance

Organizing Process

Structure of organization - functional and divisional

Formal and informal organization

Delegation: concept, elements and importance

Decentralization: concept and importance

Unit - 6: 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- Induction training, vestibule training, apprenticeship training and internship training

Unit - 7: Directing

Concept and importance

Elements of Directing

Supervision - concept, functions of a supervisor

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

Concept and importance

Relationship between planning and controlling

Steps in process of control

Unit 9: Financial Management

Concept role and objectives of Financial Management

Financial decisions: investment, financing and dividend – Meaning and factors affecting

Capital Structure - concept & factors determining Capital Structure

Fixed and Working Capital - concept and factors affecting their requirements

Unit 10: Financial Markets

Financial Markets: Concept, Functions and types

Money market and its instruments

Capital market and its types (primary and secondary), methods of floatation in the primary market

Stock Exchange - Functions and trading procedure

Securities and Exchange Board of India (SEBI) - objectives and functions

CBSE Class 12 Business Studies Question Paper 2017

Unit 11: Marketing Management

Selling and Marketing- Concept

Marketing Management- Concept

Marketing Function

Marketing management philosophies

Marketing Mix – Concept and elements

Product branding, labeling and packaging- Concept

Price – Concepts, factors determining price

Physical distribution- concept and components, channels of distribution: types, choice of channels

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

Unit 12: Consumer Protection

Concept and importance of consumer protection

Consumer Protection Act 1986

Meaning of consumer and consumer protection

Rights and responsibilities of consumers

Who can file a complaint and against whom?

Redressal machinery

Remedies available

Consumer awareness - Role of consumer organizations & Non-Governmental Organizations (NGOs)

CBSE Class 12 Economics Syllabus 2017-2018

Some important tips for Class 12 Business studies board exam 2018:

Before appearing for CBSE Class 12 Business Studies board exam 2018, students should also practice previous year papers (5 to 10 years). Solving previous year papers will help students understand the level of questions which are asked in the board exam. Solving previous year papers will enhance the writing speed and also boost the confidence level of a student.

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