West Bengal Board Higher Secondary Syllabus (Commerce) Class-XII
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West Bengal Board Higher Secondary Syllabus (Commerce) Class-XII
West Bengal Board Higher Secondary Syllabus (Commerce) Class-XII
BUSINESS STUDIES (BSTD)
Full Marks 100
Unit-1: Nature and Significance of Management (5 marks)
- Management – concept, objectives, importance.
- Management as Science, Arts, Profession.
- Levels of Management.
- Management Functions – Planning, Organising, Staffing, Directing, Controlling.
- Coordination – Characteristics and Importance
Unit-2: Principles of Management (5 marks)
- Principles of Management – Concept, Nature and Significance.
- Fayol’s Principles of Modern Management.
- Taylor’s scientific Management – Principles and Techniques.
Unit-3: Business Environment (5 marks)
- Business Environment – Concept, Importance.
- Dimensions of Business Environment – Economic, Social, Technological, Political and Legal.
- Concept of Liberalisation, Privatisation and Globalisation.
- Impact of Government Policy changes on Business and Industry with special reference to liberalisation, privatization and globalization.
Unit-4: Planning (6 marks)
- Concept, Importance, Limitations.
- Planning process.
- Types of plans – Objective, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.
Unit-5: Organising (6 marks)
- Concept and Importance.
- Steps in the process of organising.
- Structure of Organisation – Functional and Divisional.
- Formal and Informal Organisation.
- Delegation: Concept, Elements and Importance.
- Decentralization: Concept and Importance.
Unit-6: Staffing (6 marks)
- Concept and Importance of staffing
- Staffing as a part of human resource Management
- Staffing process –
- Recruitment – Meaning and Sources
- Selection – Process
- Training and Development – Concept and Importance.
Unit-7: Directing (6 marks)
- Concept and Importance
- Elements of Directing
- Supervision – concept, functions of a supervisor.
- Motivation – concept, Maslow’s Hierarchy of needs.
- Financial and Non Financial Incentives.
- Leadership – concept, qualities of a good leader.
- Communication – concept, formal and informal communication, barriers to effective communication, How to overcome the barriers.
Unit-8: Controlling (6 marks)
- Concept and Importance.
- Relationship between Planning and Controlling.
- Steps in the process of Control.
PART B: BUSINESS FINANCE AND MARKETING
Unit-9 : Financial Management (10marks)
- Concept, Objective of Financial Management
- Decisions relating to Investment, Financing and Dividend.
- Financial Planning: Concept and Importance.
- Financial Structure: Concept and Factors affecting Structure.
- Fixed and Working Capital: Concept and Factors affecting its Requirements.
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Courtesy: West Bengal Board