Class 12th Business Studies Syllabus 2021-22 CBSE Board

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Business Studies is the mandetory subject of commerce stream of CBSE Board. I am sharing with you the syllabus of Business studies class 12 of CBSE Board for 2021-22 session.

This subject is completely a theoryitical one. The problem on the basis of practical case study has always been the main concern of the students.

So, always prefer a book which has a lot of cash study based questions.

However, we are only going to discuss class 12th Business studies syllabus of CBSE Board of 2021-22.

Is there any change in syllabus of Business Studies class 12 CBSE 2021-22?

For 2021-22 session, as such there is no change in syllabus for the time being. If there is any change I would update in this post.

12th Business Studies Syllabus of CBSE Board (2021-22)

Theory: 80 Marks
Project: 20 Marks

Time:- 3 Hours

UnitsPeriodsMarks
Part – APrinciples and Functions of Management
1.
2.
3.
Nature and Significance of Management
Principles of Management
Business Environment
12
14
12
16
4.
5.
Planning
Organising
14
15
14
6.
7.
8.
Staffing
Directing
Controlling
16
15
12
20
Total11050
12
Total
Part – BBusiness Finance and Marketing
9.
10.
Financial Management
Financial Markets
20
18
15
11.
12.
Marketing Management
costumer Protection
30
12
15
Total8030
Part – CProject Work (One)3020
Project File12
Viva-Voce8

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Question Marking scheme of Economics Paper Class 12 for 2021-22 session

Business studies question paper contains 23 printed pages.

The question paper containes 34 questions.

Answer should be brief and to the point.

Answers to the questions carrying 3 marks may be from 50 to 75 words.

Answers to the questions carrying 4 marks may be about 150 words.

Answers to the questions carrying 6 marks may be about 200 words.

Attempt all parts of the questions together.

General Instructions:-

Question NumberMarksTotal Marks
1st to 2oth1 Mark Each2o Marks
21 to 24th3 Mark Each12 Marks
25th to 30th4 Mark Each24 Marks
31st to 34th6 Mark Each24 Marks
Total80 Marks

Answers should be brief and to the point.

There is no overall choice in the question paper. However, an internal choice has been provided in one question of 3 marks, one question of 4 marks, three questions of 5 marks, and two questions of 6 marks. Only one of the choices in such questions has to be attempted.

Part A: Principles and Functions of Management
Unit 1: Nature and Significance of Management

ConceptAfter 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.

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

Demonetization – concept, and features
 Describe the various dimensions of the Business Environment.
 Understand the concept of demonetization
Impact of Government policy changes on
business with special reference to
liberalization, privatization and
globalization in India
 Examine the impact of government policy changes on business in India
with reference to liberalization, privatization, and globalization since 1991.
 Discuss the managerial response to changes in a 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.
Single use and standing plans. Objectives,
Strategy, Policy, Procedure, method Rule,
budget and Programme
 Develop an understanding of single use and standing plans
 Describe objectives, policies strategy, procedure, method, rule,
budget and programme as types of plans.

Unit 5: Organising

Concept and importance Understand the concept of organizing as a structure and as a process.
 Explain the importance of organising.
Organising Process Describe the steps in the process of organizing
Structure of organisation- functional and
divisional concept. Formal and informal
organisation- concept
 Describe functional and divisional structures of organisation.
 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.

Unit 6: Staffing

Concept and importance of staffing Understand the concept of staffing.
 Explain the importance of staffing
Staffing as a part of Human Resource
Management concept
 Understand the specialized duties and activities performed by Human
Resource Management
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; barriers to
effective communication, how to overcome
the barriers
 Understand the concept of communication
 Understand the elements of the communication process.
 Discuss the concept of formal and informal communication.
 Discuss the various barriers to effective communication.
 Suggest measures to overcome barriers to communication.

Unit 8: Controlling

Controlling – Concept and importance Understand the concept of controlling.
 Explain the importance of controlling.
Relationship between planning and
controlling
 Describe the relationship between planning and 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 and its 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 – 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 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.

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
Consumer Protection Act 1986:
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 1986.
 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 1986.
 Examine the remedies available to the consumer under Consumer
protection Act 1986.
Consumer awareness – Role of consumer
organizations and Non-Governmental
Organizations (NGOs)
 Describe the role of consumer organizations and NGOs in
protecting consumers’ interests.

Further Reading:-

class 12 Accountancy syllabus of CBSE Board 2021-22

Class 12th Economics syllabus of CBSE Board 2021-22