BUSINESS STUDIES MASTER

Simplifying Foundations of Business & Management for Class XI & XII

👨‍🏫 CLASS XII: CONTENT HUB: SESSION 2026-27

PART A: PRINCIPLES AND FUNCTIONS OF MANAGEMENT (50 MARKS)
Unit & Chapter Key Focus Topics Interactive Resources
Unit 1

Nature & Significance of Management
  • Concept, Effectiveness vs. Efficiency
  • Levels and Functions of Management
  • Management as an Art, Science & Profession
  • Coordination: Concept & Importance
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Unit 2

Principles of Management
  • Concept and Significance
  • Fayol's 14 Principles of Management
  • Taylor's Scientific Management
  • Techniques of Scientific Management
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Unit 3

Business Environment
  • Concept and Importance
  • Dimensions (Economic, Social, Legal, etc.)
  • Impact of Government Policy Changes
  • Demonetization: Concept & Impact
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Unit 4

Planning
  • Concept, Importance, and Limitations
  • Planning Process steps
  • Single Use vs. Standing Plans
  • Types of Plans (Objectives, Strategy, Policy, etc.)
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Unit 5

Organising
  • Concept and Importance
  • Organising Process
  • Functional vs. Divisional Structures
  • Delegation & Decentralization
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Unit 6

Staffing
  • Concept and Staffing Process
  • Recruitment Sources (Internal & External)
  • Selection Process steps
  • Training and Development methods
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Unit 7

Directing
  • Concept and Elements of Directing
  • Maslow's Hierarchy of Needs
  • Leadership Styles (Autocratic, Democratic, Laissez-faire)
  • Communication Barriers & Remedies
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Unit 8

Controlling
  • Concept and Importance
  • Relationship between Planning and Controlling
  • Steps in Controlling Process
  • Feedback Mechanisms
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PART B: BUSINESS FINANCE AND MARKETING (30 MARKS)
Unit 9

Financial Management
  • Financial Decisions (Investment, Financing, Dividend)
  • Financial Planning & Objectives
  • Capital Structure details
  • Fixed and Working Capital Requirements
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Unit 10

Financial Markets
  • Money Market vs. Capital Market
  • Primary and Secondary Markets
  • Stock Exchange & Trading Procedure
  • Functions & Objectives of SEBI
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Unit 11

Marketing Management
  • Marketing Management Philosophies
  • Marketing Mix (4 Ps: Product, Price, Place, Promotion)
  • Branding, Labeling, and Packaging
  • Advertising, Sales Promotion & Public Relations
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Unit 12

Consumer Protection
  • Importance of Consumer Protection
  • Consumer Rights and Responsibilities
  • Consumer Protection Act (CPA) 2019 Details
  • Redressal Machinery & Remedies Available
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