Part A: Principles and Functions of Management
Unit I: Nature and significance of Management
• Management - concept, objectives and importance
• Management as Science, Art and Profession.
• Levels of management
• Management functions - planning, organising, staffing, directing and controlling.
• Coordination - concept, characteristics and importance.
Unit 2: Principles of Management
• Principles of Management - concept, nature and significance
• Fayol’s principles of management
• Taylor’s Scientific Management - principles and techniques
Unit 3: Management and Business Environment
• Business Environment - concept and importance
• Dimensions of Business Environment - Economic, Social, Technological, Political and Lega
• Impact of Government policy changes on business with special reference to liberalization, privatization and globalisation in India.
Unit 4: Planning
• Concept, importance and limitations
• Planning process
• Single use and Standing Plans - Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme.
Unit 5: Organising
• Concept and importance.
• Organizing Process.
• Structure of organization - functional and divisional.
• Formal and informal organization.
• Delegation: concept, elements and importance.
• Decentralization: concept and importance.
Unit 6: Staffing
• Concept and importance of staffing
• Staffing as a part of Human Resource Management
• Staffing process :
• Recruitment - sources
• Selection - process
• Training and Development - Concept and importance. Methods of training- on the job and off the job- Induction training, vestibule training, apprenticeship training and internship training.
Unit 7: Directing
• 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, styles - authoritative, democratic and laissen faire.
- Communication - concept , formal and informal communication; barriers to effective communication, how to overcome the barriers.
Please refer to attached file for CBSE Class 12 Business Studies Syllabus 2013-2014