BUSINESS STUDIES
SYLLABUS FOR HIGHER SECONDARY FINAL YEAR COURSE
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)
PART-A : PRINCIPAL AND FUNCTIONS OF MANAGEMENT
UNIT-1
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
Planning
1. Meaning , features, importance, limitations.
2. Planning process.
3. Types of Plans – Objectives,
Strategy, Policy, Procedure, Method, Rule, Budget, Programme.
Unit-5
Organisation
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.
Unit-6
Staffing
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.
Unit-7
Directing
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
Controlling
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
Marketing
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.
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