BUSINESS STUDIES

SYLLABUS FOR HIGHER SECONDARY FINAL YEAR COURSE

One Paper Time - Three Hours Marks 100
Unitwise Distribution of Marks and Periods :
Unit No. Title Marks Periods
Part-A PRINCIPLES AND FUNCTIONS OF MANAGEMENT
Unit-I Nature and Significance of Management 08 15
Unit-II Principles of Management 08 15
Unit-III Business Environment 08 15
Unit-IV Planning 08 15
Unit-V Organizing 08 15
Unit-VI Staffing 08 15
Unit-VII Directing 08 15
Unit-VIII Controlling 08 15
PART-B BUSTNESS FINANCE AND MARKETING
Unit-IX Financial Management 08 20
Unit-X Financial Markets 08 20
Unit-Xl Marketing 08 20
Unit-XII Consumer Protection 06 10
Unit-XIII Entrepreneurship Development 06 10
100 200
(This unit is elective. A student may opt for it against unit XII (Consumer Protection)
Unitwise Distribution of Course contents
PART-A : PRINCIPLES AND FUNCTIONS OF MANAGEMENT
Unit-I : Nature and Significance of Management
™ Management– concept, objectives, importance.
™ Nature of management; Management as Science, Art, Profession
™ Levels of Management— top, middle, supervisory (First level).
™ Management functions - planning, organising, staffing, directing and controlling.
™ Coordination– nature and importance.
Unit-II : Principles of Management
™ Principles of Management — meaning, nature and significance.
™ Fayol’s Principle of Management
™ Taylor’s Scientific Mangement– Principles and Techniques.
Unit- III : Business Environment
™ Business Environment– meaning and importance.
™ Dimensions of Business Environment— Economic, Social, Technological, Political and Legal.
2 Syllabi for H.S. Final Year
™ Economic Environment in India : Impact of Government policy changes on business and industry
with special reference to adoption of the policies of Liberalization, Privatization and Globalization.
Unit-IV- : Planning
™ Meaning, features, importance, limitations.
™ Planning process.
™ types of Plans- Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, Programme
Unit-V : Organising
™ Meaning and importance.
™ Steps in the process of organising.
™ Structure of organization- functional and divisional.
™ Formal and information organisation
™ Delegation : meaning, elements and importance.
™ Decentralization : meaning and importance,
™ Difference between delegation and decentralisation.
Unit-VI : Staffing
™ Meaning, need and importance of staffing.
™ Staffing as a part of Human Resources Management.
™ Steps in staffing process.
™ Recruitment - meaning and sources.
™ Selection– meaning and process.
™ Training and Development- meaning, need, methods- on the job and off the job methods of training.
Unit-VII : Directing
™ Meaning, importance and principles.
™ Elements of Direction :
— Supervision- meaning and importance.
— Motivation- meaning and importance. Maslow’s hierarchy of needs; Financial and non-financial
incentives.
— Leadership- meaning, importance, qualities of a good leader.
— Communication— meaning and importance, formal and informal communication: barriers of
effective communication.
Unit-VIII : Controlling
™ Meaning and importance.
™ Relationship between planning and controlling.
™ Steps in the process of control.
™ Techniques of controlling.
PART-B : BUSINESS FINANCE AND MARKETING
Unit-IX : Business Finance
™ Business finance– meaning, role, objectives of financial management.
™ Financial planning– meaning and importance.
™ Capital Structure– Meaning and factors.
™ Fixed and Working Capital– Meaning and factors affecting their requirements.
 Syllabi for H.S. Final Year 3
Unit-X : Financial Markets
™ Concept of Financial Market : Money Market– nature, instruments;
™ Capital Market : nature and types– primary and secondary market.
™ Distinction between capital market and money market.
™ Stock Exchange– meaning, functions, NSEI, OCTEl, Trading Procedure,
™ Securities and Exchange Board of India (SEBI)– Objectives, Functions.
Unit-XI : Marketing
™ Marketing– meaning, functions, role.
™ Distinction between marketing and selling.
™ Marketing mix– concept and elements :
— Product —nature, classification, branding, labeling and packaging
— Physical distribution : meaning, role, Channels of distribution-meaning, types, factors, determing
choice of channels.
— Promotion — meaning and role, promotion mix, Role of Advertising and personal selling;
objections to Advertising.
— Price : factors influencing pricing.
Unit-XII : Consumer Protection
™ Importance of consumer protection.
™ Consumer rights.
™ Consument responsibilities.
™ Way and means of consumer protection — Consumer awareness and legal redressal with special
reference to Consumer protection Act.
™ Role of consumer organizations and NGOs.

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