Important Questions for Class 12 Business Studies
PART A
1.Nature and Significance of Management
- Meaning , Characteristics, Objectives and Importance of Management
- Nature of Management: Management as an Art, Science and Profession
- Levels and Functions of Management
- Features/Nature and Importance of Coordination
2.Principles of Management
- Meaning, Nature and Importance of Management Principles
- Fayol’s Principles of Management
- FW Tayolr’s Scientific Management Its Principles and Its Techniques
- Fayol Vs Taylor
3.Business Environment
- Meaning, Features Importance and Dimensions of Business Environment
- Impact of Changes in Government Policy on Business and Industry
4.Planning
- Meaning Definition, Features and Importance of Planning
- Limitations of Planning
- Steps in Planning Process
- Different Types of Plan
5.Organising
- Concept, Importance and Process of Organising
- Organisational Structure and Types of Organisation Structure
- Formal and Informal Organisation
- Delegation and Decentralisation
6.Staffing
- Meaning, Definition, Importance and Process of Staffing
- Staffing as a Part of Human Resource Management
- Recruitment and Its Sources
- Selection and Process of Selection
- Training, Development and Methods of Training
7.Directing
- Concept, Characteristics, Importance and Elements of Directing
- Meaning and Importance of Supervision
- Motivation, Maslow’s Need Hierarchy Theory of Motivational and Financial and Non-financial Incentives
- Concept, Importance and Style of Leadership
- Meaning, Importance and Types of Communication Barriers and Measures to Overcome Them
8.Controlling
- Meaning, Importance and Limitations of Controlling
- Relationship between Planning and Controlling
- Steps in the Process of Controlling
PART B
9.Financial Management
- Meaning, Role and Objectives of Financial Management
- Meaning, Importance and Objectives of Financial Planning
- Financial Decisions, Capital Structure
- Fixed Capital and Working Capital
10.Financial Markets
- Meaning, Functions and Classification of Financial Market
- Stock Exchange, Functions and Trading Procedure on a Stock Exchange
- SEBI: Reasons for Setting up, Objectives and Functions
11.Marketing
- Marketing and Marketing Management
- Marketing and Selling
- Marketing Mix, Product Mix and Price Mix
- Place/Physical Distribution Concept Channels of Distribution
- Major Tools of Promotion i.e Advertising, Personal Selling and Sales Promotion
12.Consumer Protection