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The Central Board of Secondary Education (CBSE) will conduct two sets of board exams, one between November and December and the other between March and April 2022, for students in class 12.
Shashi Dwivedi presents you Crash Course (starting from 4th October) 2021 for 1st Session Exam for Nov-Dec Exam which is MCQ based question.
Shashi Dwivedi(PGT Commerce) has been teaching business studies at BharatiVidyapeeth for more than 15 years, now she is going to start a crash course, which will cover the entire unit that will appear in the first-term exam in just 30 days.
What We will Cover in this Crash Course?
We will cover the entire syllabus of the first term chapter wise.
PART A- Principles and Functions of Management
Chapter-1 NATURE AND SIGNIFICANCE OF MANAGEMENT
Management is a very popular term and has been used extensively for all types of activities and mainly for taking charge of different activities in any enterprise. As you have seen from the above example and case study that management is an activity which is necessary wherever there is a group of people working in an organisation. People in organisations are performing diverse tasks but they are all working towards the same goal. Management aims at guiding their efforts towards achieving a common objective — a goal.
You should be able to describe the characteristics of management and its importance in an organisation
Explain the nature of management as an art, science and profession;
Explain the functions of management; and appreciate the nature and importance ofcoordination.
CHAPTER-2 PRINCIPLES OF MANAGEMENT
A managerial principle is a broad and general guideline for decision-making and behaviour. For example while deciding about promotion of an employee one manager may consider seniority, whereas the other may follow the principle of merit.
State the meaning, nature and significance of principles of management.
Principles and techniques of Scientific Management, and Explain Fayol’s principles of management.
CHAPTER- 3 BUSINESS ENVIRONMENT
The term ‘business environment’ means the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance. As one writer has put it– “Just take the universe, subtract from it the subset that represents the organisation, and the remainder is environment”. Thus, the economic, social, political, technological and other forces which operate outside a business enterprise are part of its environment.
Explain the meaning of business environment.
Discuss the importance of business environment.
Describe the various elements of business environment; and examine the economic environment in India and the impact of Government policies on business and industry.
Planning is deciding in advance what to do and how to do. It is one of the basic managerial functions. Before doing something, the manager must formulate an idea of how to work on a particular task.
Planning, thus, involves setting objectives and developing appropriate courses of action to achieve these objectives. Objectives provide direction for all managerial decisions and actions. Planning provides a rational approach for achieving predetermined objectives.
State the meaning of planning;
Describe the features and importance of planning;
Explain the limitations of planning;
Analyse the steps in the planning process; and
Identity the different types of plans.
The organising function leads to the creation of an organisational structure which includes the designing of roles to be filled by suitably skilled people and defining the inter relationship between these roles so that ambiguity in performance of duties can be eliminated. Not only is this important for productive cooperation between the personnel but also for clarification of extent of authority, as well as responsibility for results and logical grouping of activities.
Explain the concept of organising.
Explain the process of organising.
Describe the importance of organising.
Explain the meaning, advantages and disadvantages of functional organisation.
Explain the meaning, advantages and disadvantages of divisional organisation.
Explain the meaning, advantages and disadvantages of formal and informal organisation.
Distinguish between formal and informal organisation.
Explain the concept of delegation and decentralisation.
Describe the importance of delegation and decentralisation.
Distinguish between delegation and decentralisation.
Part-B BUSINESS FINANCE AND MARKETING
Marketing It is a social process by which individuals and groups obtain what they need and want through creating, offering and freely exchanging products and services of value with others.
Gathering and analysing market information.
Product designing and development.
Standardisation and grading.
Packaging and Labelling.
Customer support services (viii) Pricing of products.
Promotion and selling.
Storage and warehousing.
What we are providing in Crash Course:-
Theory Classes (All topics covered)
Notes in PDF
Daily MCQ’s practice
Mock test practice
You will cover the entire syllabus in just one month
Better understanding of MCQs through practice sessions
Instant solution to every doubt.
Learn with the expert.
Limitless practice sessions.
BRIEF Business Study
Business is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. To understand the framework in which a business operates, a detailed study of management of business process and its interaction with the environment is required. Globalization has changed the way companies transact their business. Information Technology is becoming a part of the business system. The Computerized system, e-business and other related concepts are becoming part of business. The course of BUSINESS STUDIES-XII will prepare students to analyze, manage, evaluate and respond to changes which affect business. It provides a way of looking at and interacting with the business environment.