class12 wbchse 2020 business studies syllabus

Here the official syllabus of Business Studies(BSTD) WBCHSE

Unit-1: Nature and Significance of Management (5 marks)

• Management – concept, objectives, importance.
• Management as Science, Arts, Profession.
• Levels of Management.
• Management Functions – Planning, Organising, Staffing, Directing, Controlling.
• Coordination – Characteristics and Importance

Unit-2: Principles of Management (5 marks)

• Principles of Management – Concept, Nature and Significance.
• Fayol’s Principles of Modern Management.
• Taylor’s scientific Management – Principles and Techniques.

Unit-3: Business Environment (5 marks)

• Business Environment – Concept, Importance.
• Dimensions of Business Environment – Economic, Social, Technological, Political and Legal.
• Concept of Liberalisation, Privatisation and Globalisation.
• Impact of Government Policy changes on Business and Industry with special reference to liberalisation, privatization and globalization.

Unit-4: Planning (6 marks)

• Concept, Importance, Limitations.
• Planning process.
• Types of plans – Objective, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.

Unit-5: Organising (6 marks)

• Concept and Importance.
• Steps in the process of organising.
• Structure of Organisation – Functional and Divisional.
• Formal and Informal Organisation.
• Delegation: Concept, Elements and Importance.
• Decentralization: Concept and Importance.

Unit-6: Staffing (6 marks)

• Concept and Importance of staffing
• Staffing as a part of human resource Management
• Staffing process –

1. Recruitment – Meaning and Sources
2. Selection – Process

• Training and Development – Concept and Importance.

Unit-7: Directing (6 marks)

• Concept and Importance
• Elements of Directing

1. Supervision – concept, functions of a supervisor.
2. Motivation – concept, Maslow’s Hierarchy of needs.
3. Financial and Non Financial Incentives.
4. Leadership – concept, qualities of a good leader.
5. Communication – concept, formal and informal communication, barriers to effective communication, How to overcome the barriers.

Unit-8: Controlling (6 marks)

• Concept and Importance.
• Relationship between Planning and Controlling.
• Steps in the process of Control.

PART B: BUSINESS FINANCE AND MARKETING
Unit-9 : Financial Management (10marks)

• Concept, Objective of Financial Management
• Decisions relating to Investment, Financing and Dividend.
• Financial Planning: Concept and Importance.
• Financial Structure: Concept and Factors affecting Structure.
• Fixed and Working Capital: Concept and Factors affecting its Requirements.