AHSEC Higher Secondary H.S. 2nd Year Syllabus of BUSINESS STUDIES

One Paper 
Time: Three Hours
Marks : 100

Unit Wise distribution of Marks and Period:

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Reduced portion/ Syllabus for H.S. 2nd Year Final Examination 2021 (BUSINESS STUDIES)


Nature and Significance of Management
1. Management: Concept, objectives, importance.
2. Nature of management; Management as Science, Art, Profession.
3, Levels of Management- top, middle, supervisory (First Level)
4.  Management functions – Planning, organising, staffing, directing and controlling.
5. Coordination – nature and importance.

Unit- 2

Principles of Management
1. Principles of management – Meaning, nature and significance.
2. Fayol’s Principle of Management
3. Taylor’s Scientific Management – Principles and Techniques.

Unit- 3
Business Environment 
1.  Business Environment – Meaning and important
2. Dimensions of Business Environment – Economic, Social, Technological, Political and legal.
3. Economic Environment in India: Impact of Government policy changes on business and industry with special reference to adoption of the policies of Liberalization, privatisation and Globalisation.

Unit -4

1. Meaning , features, importance, limitations.
2. Planning process.
3. Types of Plans – Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.

1. Meaning and Importance.
2. Steps in the process of Organising,
3. Structure of organisation- functional and divisional.
4.. Formal and information organisation.
5. Delegation: meaning, elements and importance.
6. Difference between delegation and decentralization.


1. Meaning, need and importance of staffing.
2. Staffing as a part of Human Resource Management.
3. Steps in staffing process.
4. Recruitment – meaning and sources.
5. Selection – meaning and process.
6. Training and Development – meaning, need, methods- on the job and off the job methods of training.

1. Meaning, Importance and Principle.
2. Elements of Direction:
    --- Supervision – meaning and importance.
  --- Motivation—Meaning and importance, Maslow’s hierarchy of needs; Financial and non-financial incentives.
  --- Leadership – meaning, importance, qualities of a good leader.
  ---- Communication --- meaning and importance, formal and informal communication: barriers of effective communication.

Unit- 8

1. Meaning and importance.
2. Relationship between planning and controlling.
3. Steps in the process of control.
4. Techniques of controlling.

Part- B: Business finance and marketing:

Unit- 9
Business Finance
1. Business Finance- meaning, role, objectives of financial management.
2. Financial planning- meaning and importance.
3. Capital structure – meaning and factors.
4. Fixed and working capital- Meaning and factors affecting their requirements.

Unit- 10
Financial Markets
1. Concepts of Financial Market: Money Market- nature, instruments;
2. Capital Market: nature and types – primary and secondary market.
3. Distinction between capital market and money market.
4. Stock Exchange – meaning, functions, NSEI, OCTEI, Trading Procedure,
5. Securities and Exchange Board of India (SEBI) – objectives, Functions,

Unit- 11
1. Marketing- meaning, function, role.
2. Distinction between marketing and selling.
3. Marketing mix- concept and element:
    --- Product- nature, classification, branding, labeling and packaging
  --- Physical distribution : meaning, role, Channels of distribution – meaning types, factors, deterring choice of channels.
  --- Promotion—Meaning and role, promotion mix, role of Advertising and personal selling; objections to Advertising.
    --- Price: factors influencing pricing.

Unit- 12
Consumer Protection
1. Importance of Consumer protection
2. Consumer right
3. Consumer responsibilities
4. Way and means of consumer protection – Consumer awareness and legal redressal with special reference to Consumer Protection Act.
5. Role of consumer organisations and NGOs.