CBSE Class 12 Business Studies Syllabus 2023-24
Here we provide the latest CBSE Class 12 Business Studies Syllabus 2023 24. You can also Download the new and revised Class 12th Business Studies Syllabus PDF. The present revised syllabus of class 12 Business Studies has been designed in accordance with National Curriculum Framework 2005.
Business Studies is a scoring subject but needs a lot of practice and conceptual understanding of the topics. CBSE Business Studies syllabus class 12 helps you understand the important topics. We advise you to read the CBSE class 12 Business Studies syllabus 2023 24 carefully. Class 12th Business Studies syllabus also helps you in preparation for competitive exams like CA.
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CBSE Class 12 Business Studies Syllabus 2023-24 Pdf
Click Here to Download the Class 12 Business Studies Syllabus Pdf
Business Studies Syllabus for Class 12 CBSE 2023 24
The detailed and chapter-wise BST Class 12 Syllabus 2023 24 is given below:
Part A: Principles and Functions of Management
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, organising, 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
- 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
- Organising Process
- Structure of organisation- functional and divisional concept. Formal and informal organisation- concept
- Delegation: concept, elements and importance
- Decentralisation: concept and importance
Unit 6: Staffing
- Staffing: Concept and importance of staffing
- Staffing as a part of the 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
- 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
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 and its 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
- 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)
Unit 13: Project Work
Class 12 Business Studies Syllabus 2023- 24 – Course Structure
Before you read the Class 12th Business Studies syllabus you have to understand the course structure to complete the BST Class 12 Syllabus 2023 24.
| Units | Periods | Marks | |
| Part A | Principles and Functions of Management | ||
| 1. | Nature and Significance of Management | 12 | 16 |
| 2. | Principles of Management | 14 | |
| 3. | Business Environment | 12 | |
| 4. | Planning | 14 | 14 |
| 5. | Organising | 15 | |
| 6. | Staffing | 16 | 20 |
| 7. | Directing | 15 | |
| 8. | Controlling | 12 | |
| Total | 110 | 50 | |
| Part B | Business Finance and Marketing | ||
| 9. | Financial Management | 20 | 15 |
| 10. | Financial Markets | 18 | |
| 12. | Consumer Protection | 30 | 15 |
| 11. | Marketing Management | 12 | |
| Grand Total | 80 | 30 | |
| Part C | Project Work (One) | 30 | 20 |