Read and download CBSE Class 12 Business Studies Principles Of Management in NCERT book for Class 12 Business Studies. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Business Studies textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Business Studies to understand the answers of the exercise questions given at the end of this chapter
NCERT Book for Class 12 Business Studies Chapter 2 Principles of Management
Class 12 Business Studies students should refer to the following NCERT Book Chapter 2 Principles of Management in Class 12. This NCERT Book for Class 12 Business Studies will be very useful for exams and help you to score good marks
Chapter 2 Principles of Management NCERT Book Class 12
Chapter – II
Principles Of Management
What do you understand by principles of management?
- They are statements of fundamental truth
- They provide guidelines which help management to take decisions and action
- They are derived by observation and experimental studies
- They establish cause and effect relationship
How are management principles derived? –
Management principles are derived by observation and experimental studies as follows:
Observation:
Management principles are derived by observing and analysing the events management have to face in actual practice. For example the principle of division of labour was derived after it was observed that dividing the work based on the workers’ knowledge and experience, resulted in improved performance.
Experimental Studies:
By conducting experimental studies. For example – suppose we wish to conduct an experimental study to confirm the correctness of the principle of unity of command which states that no subordinates should receive orders from more than one boss, we take two groups of employees – one having only one boss and the other having two bosses. After some time it will be noted that the group with one boss is doing better than the other. This confirms that the principle of unity of command is correct.
State any 3 reasons why proper understanding of management principles is necessary?
Or
Explain briefly any 3 points establishing the NEED/IMPORTANCE of management principles?–3 marks Marking Scheme
Management principles are needed for the following reasons: (OCE)
Optimum use of resources:
The management principle of “science, not rule of the thumb” suggest that every task should be done with minimum effort and energy and additional work can be done with the saved energy. By saving time, efforts and energy activities can be made economical and enhance the productivity of the resources.
Change in technology:
The management principle of “division of labour” helps management in identifying in which activity technology has changed. If there is no division of labour then confusion may prevail about what and how much to change and the firm might find it difficult to face competition and might in extreme case run out of business.
Effective Administration:
- The principle of ‘scalar chain’ helps the enterprise to communicate with people at different levels
- ‘Unity of direction’ removes confusion in minds of employees; and
- ‘Unity of command’ avoids dual subordination.
- Thus these principles help management in managing their organisations effectively.
- Besides the above, management principles also provide guidelines to managers to:
- Effectively handle complex problems.
- Clearly understand the nature and scope of their work
- To make optimum use of the resources.
- To take scientific decisions to meet changing conditions.
Please refer to attached file for CBSE Class 12 Business Studies Principles Of Management
| CBSE Class 12 Business Studies Nature and Significance Of Management |
| NCERT Class 12 Business Studies Nature And Significance Of Management |
| CBSE Class 12 Business Studies Principles Of Management |
| NCERT Class 12 Business Studies Principles Of Management |
| CBSE Class 12 Business Studies Business Environment |
| NCERT Class 12 Business Studies Business Environment |
| CBSE Class 12 Business Studies Organising |
| NCERT Class 12 Business Studies Organising |
| CBSE Class 12 Business Studies Directing |
| NCERT Class 12 Business Studies Directing |
| CBSE Class 12 Business Studies Controlling |
| NCERT Class 12 Business Studies Controlling |
| CBSE Class 12 Business Studies Financial Management |
| NCERT Class 12 Business Studies Financial Markets |
| NCERT Class 12 Business Studies Marketing |
| CBSE Class 12 Business Studies Consumer Protection Part A |
| CBSE Class 12 Business Studies Consumer Protection Part B |
| NCERT Class 12 Business Studies Consumer Protection |
| NCERT Class 12 Business Studies Entrepreneurship Development |
Business Studies NCERT Book Class 12 Chapter 2 Principles of Management
The above NCERT Books for Class 12 Business Studies Chapter 2 Principles of Management have been published by NCERT for latest academic session. The textbook by NCERT for Chapter 2 Principles of Management Business Studies Class 12 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Chapter 2 Principles of Management NCERT etextbooks as the exams for Class 12 Business Studies are always asked as per the syllabus defined in these ebooks. These Class 12 Chapter 2 Principles of Management book for Business Studies also includes collection of question. We have also provided NCERT solutions for Class 12 Business Studies which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 12 students.
NCERT Book Class 12 Business Studies Chapter 2 Principles of Management
The latest NCERT book for Chapter 2 Principles of Management pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 12 Business Studies Chapter 2 Principles of Management are designed to enhance the overall understanding of students. All Class 12 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 12 students.
Chapter 2 Principles of Management NCERT Book Class 12 Business Studies
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Class 12 Business Studies Chapter 2 Principles of Management NCERT Book
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Class 12 Chapter 2 Principles of Management NCERT Book Business Studies
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