Updated Term wise 12th Business Studies Syllabus 2021-22 CBSE Board
Looking for the updated Term 1 and Term 2 class 12th Business Studies Syllabus of CBSE Board for 2021-22 session.
See, Business Studies is the mandatory subject of the commerce stream of the CBSE Board.
I am sharing with you the latest syllabus of Business studies class 12 of the CBSE Board for the 2021-22 session.
This subject is completely a theoretical one.
Read Here:- TS Grewal Solution Accountancy class 12 CBSE 2021-22
The problem on the basis of the practical case studies has always been the main concern of the students.
So, always prefer a book that has a lot of cash study based questions.
However, we are only going to discuss the class 12th Business studies syllabus of the CBSE Board of 2021-22.
Table of Contents
Is there any change in syllabus of Business Studies class 12 CBSE 2021-22?
For the 2021-22 session, The CBSE Board has reduced 30% syllabus. I will talk about the reduced syllabus at the end.
12th Business Studies Syllabus of CBSE Board (2021-22)
For the 2021-22 session, CBSE Board has divided board exams into two terms. The first would be held between November and December.
The second term would be in March and April.
The whole syllabus is divided into two parts. 50% syllabus would come in 1st term. rest 50% would come in the second term.
The first 50% syllabus of the 1at Term will not be repeated in the second term.
1st Term – 1 syllabus of Business Studies class 12 CBSE Board 2021-22
Theory: 40 Marks
Project: 10 Marks
Time:- 90 Minutes
Units | MCQs Based Questions | Marks |
Part – A | Principles and Functions of Management | |
1. 2. 3. | Nature and Significance of Management Principles of Management Business Environment | 16 |
4. 5. | Planning Organizing | 14 |
Sub Total | 30 | |
Part – B | Business Finance and Marketing | |
11. | Marketing Management | 10 |
Sub Total | 10 | |
Total | 40 | |
PROJECT WORK (PART 1) | 10 |
Read Here:- Class 12 Accountancy syllabus of CBSE Board 2021-22
Read Here:- Deleted Syllabus of class 12 Accountancy CBSE Board 2021-22 (comparison with previous year syllabus with screenshots)
Part A: Principles and Functions of Management
Unit 1: Nature and Significance of Management
Concept | After going through this unit, the student/ learner would be able to: |
Management – concept, objectives, and importance | Understand the concept of management. Explain the meaning of Effectiveness and Efficiency. Discuss the objectives of management. Describe the importance of management. |
Management as Science, Art and Profession | Examine the nature of management as a science, art, and profession. |
Levels of Management | Understand the role of top, middle and lower levels of management |
Management functions-planning, organizing, staffing, directing and controlling | Explain the functions of management |
Coordination- concept, and importance | Discuss the concept and characteristics of coordination. Explain the importance of coordination. |
Read Here:- TS Grewal Solutions of Class 12 Accountancy 2021-22
Unit 2: Principles of Management
Principles of Management- concept and significance | Understand the concept of principles of management. Explain the significance of management principles |
Fayol’s principles of management | Discuss the principles of management developed by Fayol. |
Taylor’s Scientific management- principles and techniques | Explain the principles and techniques of ‘ScientificManagement’. Compare the contributions of Fayol and Taylor. |
Unit 3: Business Environment
Business Environment- concept and importance | Understand the concept of Business Environment’. Describe the importance of the business environment |
Dimensions of Business Environment Economic, Social, Technological, Political and Legal | Describe the various dimensions of the Business Environment. |
Unit 4: Planning
Concept, importance, and limitation | Understand the concept of planning. Describe the importance of planning. Understand the limitations of planning. |
Planning process | Describe the steps in the process of planning. |
Unit 5: Organising
Concept and importance | Understand the concept of organizing as a structure and as a process. Explain the importance of organizing. |
Organizing Process | Describe the steps in the process of organizing |
Structure of organization- functional and divisional concept. Formal and informal organisation- concept | Describe functional and divisional structures of the organization. Explain the advantages, disadvantages, and suitability of functional and divisional structure. Understand the concept of formal and informal organisation. Discuss the advantages, disadvantages of formal and informal organisation. |
Delegation: concept, elements and importance | Understand the concept of delegation. Describe the elements of delegation. Appreciate the importance of Delegation. |
Decentralization: concept and importance | Understand the concept of decentralisation. Explain the importance of decentralisation. Differentiate between delegation and decentralisation. |
Part B: Business Finance and Marketing
Unit 11: Marketing
Marketing – Concept, functions and philosophies | Understand the concept of marketing. Explain the features of marketing. Discuss the functions of marketing. Explain the marketing philosophies. |
Marketing Mix – Concept and elements | Understand the concept of marketing mix. Describe the elements of marketing mix |
Product – branding, labelling and packaging – Concept | Understand the concept of product as an element of marketing mix. Understand the concept of branding, labelling and packaging. |
Price – Concept, Factors determining price | Understand the concept of price as an element of marketing mix. Describe the factors determining price of a product. |
Physical Distribution – concept, components and channels of distribution | Understand the concept of physical distribution. Explain the components of physical distribution. Describe the various channels of distribution. |
Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations | Understand the concept of promotion as an element of marketing mix. Describe the elements of promotion mix. Understand the concept of advertising. Understand the concept of sales promotion. Discuss the concept of public relations. |
PROJECT WORK IN BUSINESS STUDIES (ONLY ONE PROJECT): GUIDELINES AS GIVEN IN CLASS XII CURRICULUM
Read Here:- Term Wise Deleted Syllabus of Class 12th Business Studies 2021-22 (comparison with previous year syllabus with screenshots)
2nd (Term – 2) syllabus of Business Studies class 12 CBSE Board 2021-22
Theory: 40 Marks
Project: 10 Marks
Time:- 2 Hour
Units | Subjective Question Paper | Marks |
Part – A | Principles and Functions of Management | |
1. 2. 3. | Staffing Directing Controlling | 20 |
Sub Total | 20 | |
Part – B | Business Finance and Marketing | |
9. 10. | Financial Management Financial Markets | 15 |
costumer Protection | 05 | |
Sub Total | 20 | |
Total | 40 | |
PROJECT WORK (PART 2) | 10 |
Read Here:- Class 12th Economics syllabus of CBSE Board 2021-22
Read Here:- Deleted Syllabus of Class 12 Economics CBSE Board 2021-22 (comparison with previous year syllabus with screenshots)
Term 2: Principles and Functions of Management
Unit 6: Staffing
Concept and importance of staffing | Understand the concept of staffing. Explain the importance of staffing |
Staffing process | Describe the steps in the process of staffing |
Recruitment process | Understand the meaning of recruitment. Discuss the sources of recruitment. Explain the merits and demerits of internal and external sources of recruitment. |
Selection – process | Understand the meaning of selection. Describe the steps involved in the process of selection. |
Training and Development – Concept and importance, Methods of training – on the job and off the job – vestibule training, apprenticeship training and internship training | Understand the concept of training and development. Appreciate the importance of training to the organisation and to the employees. Discuss the meaning of induction training, vestibule training, apprenticeship training and internship training. Differentiate between training and development. Discuss on the job and off the job methods of training. |
Unit 7: Directing
Concept and importance | Describe the concept of directing. Discuss the importance of directing |
Elements of Directing | Describe the various elements of directing |
Motivation – concept, Maslow’s hierarchy of needs, Financial and non-financial incentives | Understand the concept of motivation. Develop an understanding of Maslow’s Hierarchy of needs. Discuss the various financial and non-financial incentives. |
Leadership – concept, styles – authoritative, democratic and laissez faire | Understand the concept of leadership. Understand the various styles of leadership. |
Communication – concept, formal and informal communication | Understand the concept of communication Understand the elements of the communication process. Discuss the concept of formal and informal communication. |
Unit 8: Controlling
Controlling – Concept and importance | Understand the concept of controlling. Explain the importance of controlling. |
Steps in process of control | Discuss the steps in the process of controlling. |
Part B: Business Finance and Marketing
Unit 9: Financial Management
Concept, role and objectives of Financial Management | Understand the concept of financial management. Explain the role of financial management in an organization. Discuss the objectives of financial management |
Financial decisions: investment, financing and dividend- Meaning and factors affecting | Discuss the three financial decisions and the factors affecting them. |
Financial Planning – concept and importance | Describe the concept of financial planning and its objectives. Explain the importance of financial planning. |
Capital Structure – concept and factors affecting capital structure | Understand the concept of capital structure. Describe the factors determining the choice of an appropriate capital structure of a company. |
Fixed and Working Capital – Concept and factors affecting their requirements | Understand the concept of fixed and working capital. Describe the factors determining the requirements of fixed and working capital. |
Unit 10: Financial Markets
Financial Markets: Concept, Functions and types | Understand the concept of financial market. Explain the functions of financial market. Understand capital market and money market as types of financial markets. |
Money market and its instruments | Understand the concept of money market. Describe the various money market instruments |
Capital market: concept, types (primary and secondary), methods of floatation in the primary market | Discuss the concept of capital market. Explain primary and secondary markets as types of capital market. Differentiate between capital market and money market. Discuss the methods of floating new issues in the primary market. Distinguish between primary and secondary markets. |
Stock Exchange – Meaning, Functions and trading procedure | Give the meaning of a stock exchange. Explain the functions of a stock exchange. Discuss the trading procedure in a stock exchange. Give the meaning of depository services and demat account as used in the trading procedure of securities. |
Securities and Exchange Board of India (SEBI) – objectives and functions | State the objectives of SEBI. Explain the functions of SEBI. |
Unit 12: Consumer Protection
Concept and importance of consumer protection | Understand the concept of consumer protection. Describe the importance of consumer protection. Discuss the scope of Consumer Protection Act, 1986 |
The Consumer Protection Act, 2019: Source: http://egazette.nic.in/WriteReadData/2 019/210422.pdf Meaning of consumer Rights and responsibilities of consumers Who can file a complaint? Redressal machinery Remedies available | Understand the concept of a consumer according to the Consumer protection Act 2019. Explain the consumer rights Understand the responsibilities of consumers Understand who can file a complaint and against whom? Discuss the legal redressal machinery under Consumer protection Act 2019. Examine the remedies available to the consumer under Consumer protection Act 2019s. |
Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs) | Describe the role of consumer organizations and NGOs in protecting consumers’ interests. |
PROJECT WORK IN BUSINESS STUDIES (ONLY ONE PROJECT): GUIDELINES AS GIVEN IN CLASS XII CURRICULUM
Further Reading:-
Read Here:- Class 12 Accountancy syllabus of CBSE Board 2021-22
Read Here:- Deleted Syllabus of class 12 Accountancy CBSE Board 2021-22