Curriculum And Syllabus For Classes XI & XII

One Paper

 3 Hours

100 Marks

Meaning of economic activities and distinction between economic and non-economic activities.

 Types of economic activities, Business, Professional and Employment : their meaning and comparison. Business as an economic activity.

 Range and examples of Business activities.

2. Nature and Purpose of Business

Characteristic of Business

Business risks, nature and sources

Objectives of Business- Economic and social Role of Profit in Business

Concept of Social Obligations

Case for Social Obligations

Responsibilities towards different interest groups e.g. shareholders, employers, consumers, government and society (elementary concepts).

3. Structure of Business

Business Environment -Economic, Political and Social Classification of business activities

 Industry and its types

 Meaning and functions of commerce

Trade and its types

Auxiliaries to Business activity

4. Service Sector and Business

Need and Classification of Service Sector, Meaning and importance of Transport-modes, Banking-Types and functions of Commercial Banks, Insurance-Principles and types-life, fire and marine others (ware housing, packaging, advertising and promotion)

5. Forms of Business Enterprise

Types of Business Undertaking-Private Sector and Public Sector

Characteristics of Public, Private and Joint Sector Enterprises

Forms of Private Sector Enterprises – general Characteristics

Meaning, features, merits and limitations of following forms-Sole Proprietorship

Joint Hindu family business

Partnership, including types of partners, formation and registration, partnership deed (Main Clauses)

and type of partnership formation

Co-operative Societies

Company

II. Corporate Organisation, Finance and Trade

6. Corporate Organisation

Types of Companies-Private and Public

Privileges of Private Company

Rationales of Public Sector

Forms of Organising Public Sector Enterprises:

        (a) Departmental Undertakings

        (b) Statutory corporation

        (c) Government Company

Multinational Companies (examples)

7. Formation of a Company

Promotion:     Meaning and Role of promoters

Incorporation of Company:

        (a) Memorandum of' Association, Articles of Association and distinction between the two documents

        (b) Filing of documents and registration

        (c) Certificate of Incorporation

        (d) Floatation-Prospectus, its nature and importance.

        (e) Commencement of business

8. Sources of Business Finance

Nature and significance.

Types of Business Finance and their uses-long term, medium term and short term

Sources of Finance-Owners funds and borrowed funds

 -Meaning and characteristics of the following sources:

        (a) Equity and Preference Shares

        (b) Debentures-types (secured and unsecured. convertible and non-convertible)

        (c) Institutional Finance - Objectives, types of assistance, names of national level institutions

        (d) Retained Profit-Meaning and characteristics

        (e) Public Deposits-Meaning and characteristics

        (f) Bank Finance.

9. Stock Exchange

Meaning and importance

Functions

Names of Stock Exchange in India

Types of operators-Broker, Jobbers, Bulls and Bears Terms in Stock Exchange quotations - ex-dividend, cum-dividend, spot delivery and forward delivery

10. Internal Trade

Meaning and types

Wholesale Trade-functions and services

Types of retail organisations :

        (a) Itinerant and Fixed Shops,

        (b) Departmental Store chain store mail order houses, consumers' co-operative store (including super bazar)

11. External Trade

Nature and importance

Import Procedure (Brief of outline)

Export Procedure (Brief outline ) Documents used in foreign trade-Indent, letter of credit. Bill of lading, charter party

Financing of trade (Elementary treatment)

Book Recommended

(1) Business Studies by Dinkar Pagare published by Sultan Chand & Co.

Business Studies

 CLASS XII

Business Studies-IV
(Functional Management)

OR
(Office Administration)

Business Studies--III

1. Nature and Significance of Management

Meaning of Management :

As a Activity;

As a Process ;

As a Discipline ;

As a group.

Nature of Management :  Management as a Science and an Art

Objectives and importance of Management

Distinction between Management and Administration

Levels of Management  :  Top level, Middle level and

Lower level (Supervisory)

2. Principles of Management

Nature of Management Principles

Need for Principles of Management

Fayol's Principles of Management

Scientific Management-Meaning and Techniques

3. Planning

Meaning and definition Of Planning

Features and importance of Planning

Limitations of Planning

Steps in Planning

4. Organising

Meaning, Process and Structure of Organisation

Importance of Organisation

Formal and Informal Organisation

Principles of Organisation

Types of Administrative Organisation:

Line, Line and Staff -Functions, meaning, features and distinction.

Meaning of delegation of authority

Authority, responsibility, accountability.

Importance of delegation. Difference between delegation and decentralisation.

5. Staffing

Meaning, need and importance of staffing.

Staffing Process- Estimating manpower requirements, identification of source of recruitment, selection, training and placement ( outline only ).

Remuneration to workers-Concepts of time rate and piece rate.

6. Directing

Meaning and importance of direction

Elements of direction

Supervision : Functions of supervisors

Motivation: Need and incentives ( monetary and nonmonetary ).

Leadership: Meaning and importance. Qualities of a good leader.

Communication: Meaning and importance, types of communication [(formal and informal),channels of communication (oral, written)].

7. Controlling

Meaning and importance

Steps in the process of control

 Features of good control system

Business Studies- IV

One of the following two is to be selected for study :

1. Functional Management.

2. Office Administration.

Functional Management

1. Personnel Management

Meaning and nature of Personnel Management

Role and responsibilities of personnel manager.

Manpower planning-recruitment-selection (outline only)

Training and development-purpose

Personnel record ( elements only )

Performance appraisal and compensation (elements only)

2. Financial Management

Meaning and Objectives

Functions of financial manager

Financial planning and capital structure (elementary treatment)

Financial analysis (brief exposure) :  Ratio analysis :

Gross profit, Net profit, ROI, Current Ratio, Quick Ratio, Debt Equity Ratio, Capital Turn Over

Ratio and Stock Turn Over Ratio.

3. Marketing Management

Marketing management meaning and objectives Difference between marketing and selling

Marketing functions

Marketing Mix

Sales Promotion-Advertising and personal selling, qualities of a good salesman

Office Administration

1. Nature and Functions of Office

Meaning and importance of office

Relationship of office with other departments

Functions- basic and auxiliary

Position and role of an office manager

2. Office Layout and Working Conditions

 Location of office

Office building

Office layout-nature, principles, types

Open and private Offices

Office environment -Lighting, ventilation, temperature and interior decoration (general outline)

3. Work Flow in Office

Concept of work flow and flow charts

Difficulties in work flow

4. Office Organisation

 Principles

Types-Line, line and staff and service organisation

Office charts and manuals

Office Communication

Basic Principles

Internal Communication

External Communication

6. Office Mechanisation

Need for mechanisation

Considerations in mechanisation.

Types of office machines and equipments including of computers

7. Handling Inward and Outward Mail

Organisation of the mailing section

Arrangements with post office

Inward mail routine

Dealing with correspondence: Outward mail routine

Mechanising mail service

8. Filing and Indexing

Filling-Meaning and Importance :

(a) Classification of papers for filing.

(b) Methods of filing-horizontal and vertical.

Indexing-Meaning and Importance :

(a.) Basis of index

(b) Types of index

Books Recommended

(A) Business Studies-Ill

1. Management Basic: by S.K. Bhatia and U. Kaushik published by Frank Bros &Co.

B) Business Studies –IV

2. Functional Management by Dr. S.K. Bhatia and U. Kaushik published by Frank Bros. & Co.

OR

3. Office Administration by Dr. I.M. Sahai, Dr. S.K. Bhatia and U. Kaushik published by Frank Bros. & Co.