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  • Q1
    What is the primary focus of the NCERT Business Studies Part 1 textbook?
    A1

    The primary focus is to introduce students to the fundamental concepts and principles of business studies, covering management, business environment, planning, organizing, staffing, directing, and controlling.

  • Q2
    Is this textbook suitable for students who are new to business studies?
    A2

    Yes, the textbook is designed to be comprehensive and introductory, making it ideal for students with little to no prior knowledge of business studies.

  • Q3
    How does the textbook approach the topic of management?
    A3

    The textbook dedicates several chapters to management, including its nature and significance, principles, planning, organizing, staffing, directing, and controlling, providing a thorough understanding of management functions.

  • Q4
    What is the significance of understanding the business environment, as discussed in Chapter 3?
    A4

    Understanding the business environment helps students analyze external and internal factors that impact businesses, enabling them to make informed decisions and develop strategies to address challenges and opportunities.

  • Q5
    Can you explain the importance of planning in business management, as covered in Chapter 4?
    A5

    Planning is crucial as it involves setting objectives and determining the best course of action to achieve them. It helps in allocating resources efficiently, reducing risks, and ensuring the business stays on track to meet its goals.

  • Q6
    How does the textbook cover the concept of organizing, and why is it important?
    A6

    The textbook explains organizing as the process of structuring and designing the organization, including division of work, authority, and responsibility. This is important for efficient operations, clear communication, and effective use of resources.

  • Q7
    What are the key elements of staffing discussed in Chapter 6?
    A7

    Key elements include recruitment, selection, training, and development, all of which are vital for building a skilled and productive workforce.

  • Q8
    How does leadership style impact business success, as discussed in Chapter 7 on Directing?
    A8

    Leadership style significantly influences motivation, communication, and overall team performance. Effective leadership can boost employee morale, improve productivity, and drive business success.

  • Q9
    What is the controlling process, and why is it essential in business management?
    A9

    The controlling process involves monitoring performance, comparing it with standards, identifying deviations, and taking corrective action. It is essential for ensuring that the business achieves its objectives and makes necessary adjustments in a timely manner.

  • Q10
    Is the NCERT Business Studies Part 1 textbook aligned with the Class 12 syllabus?
    A10

    Yes, the textbook strictly follows the NCERT syllabus for Class 12 Business Studies, covering all required topics and concepts.

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Chapter 1: Nature and Significance of Management
Chapter 2: Principles of Management
Chapter 3: Business Environment
Chapter 4: Planning
Chapter 5: Organizing
Chapter 6: Staffing
Chapter 7: Directing
Chapter 8: Controlling
CBSE SYLLABUS : NCERT Business Studies Part 1 Principles and Functions of Management Textbook For Class 12th

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management 
- Management - concept, objectives, and importance 
- Management as Science, Art and Profession
- Levels of Management 
- Management functions-planning, organizing, staffing, directing and controlling
- Coordination- concept and importance

Unit 2: Principles of Management
- Principles of Management - concept and significance
- Fayol’s principles of management
- Taylor’s Scientific management - principles and techniques

Unit 3: Business Environment
- Business Environment- concept and importance
- Dimensions of Business Environment 
- Economic, Social, Technological, Political and Legal
Demonetization - concept and features

Unit 4: Planning
- Planning: Concept, importance and limitation
- Planning process 
- Single use and Standing Plans. Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme

Unit 5: Organising 
- Organising: Concept and importance
- Organising Process 
- Structure of organisation- functional and divisional concept.
Formal and informal organization - concept
- Delegation: concept, elements and importance
- Decentralization: concept and importance 

Unit 6: Staffing 
- Staffing: Concept and importance of staffing
- Staffing as a part of Human Resource Management concept
- Staffing process 
- Recruitment process
- Selection – process 
- Training and Development - Concept and importance, Methods of training - on the job and off the job - vestibule training, apprenticeship training and internship training

Unit 7: Directing 
- Directing: Concept and importance 
- Elements of Directing 
- Motivation - concept, Maslow’s hierarchy of needs, Financial and non-financial incentives
- Leadership - concept, styles - authoritative, democratic and laissez faire
- Communication - concept, formal and informal communication; barriers to effective communication, how to overcome the barriers?

Unit 8: Controlling 
- Controlling - Concept and importance
- Relationship between planning and controlling
- Steps in process of control

Unlock the world of business knowledge with the NCERT Business Studies Part 1, a comprehensive textbook specifically designed for Class 12 students. Published by the National Council of Educational Research and Training (NCERT), this book serves as an essential resource for students embarking on their journey to understand the foundational aspects of business studies.

This meticulously crafted textbook is structured to provide an in-depth understanding of various business concepts, ensuring students not only learn theoretical aspects but also apply their knowledge to real-world scenarios. The medium of instruction is English, making it accessible to a wider audience while maintaining clarity and coherence throughout its chapters.

Chapter 1, Nature and Significance of Management, sets the stage by introducing students to the critical role management plays in organizations. It explores how effective management influences productivity, organizational culture, and overall business success, providing a solid foundation for the concepts that follow.

In Chapter 2: Principles of Management, students will delve into the fundamental principles that guide managerial decision-making. This chapter discusses various management theories and models that have shaped modern management practices.

Moving forward, Chapter 3: Business Environment examines the external and internal factors impacting businesses. Students will learn to analyze and respond to these dynamic factors, giving them the tools to assess business opportunities and challenges in today’s competitive landscape.

Planning, discussed in Chapter 4, emphasizes the importance of strategic planning in setting objectives and determining the best course of action to achieve them. This chapter equips students with the skills to formulate effective plans, a vital aspect of successful business management.

Organizing, the focus of Chapter 5, elaborates on the structural design of organizations. It covers the importance of establishing roles, responsibilities, and communication channels to ensure smooth operational flow within a business.

In Chapter 6: Staffing, the textbook emphasizes the significance of human resource management in creating effective teams and enhancing employee performance. Students will learn about recruitment, selection, training, and development, which are crucial for building a skilled workforce.

In chapter 7, Directing, discusses the art of leadership and motivation in guiding teams toward achieving business objectives. This chapter highlights different leadership styles, communication strategies, and the significance of motivation in driving success.

Lastly, Chapter 8: Controlling addresses the processes involved in monitoring organizational performance and making necessary adjustments to ensure that business goals are met. This chapter emphasizes the importance of feedback systems and performance metrics in successful management.

Chapter 1: Nature and Significance of Management
Chapter 2: Principles of Management
Chapter 3: Business Environment
Chapter 4: Planning
Chapter 5: Organizing
Chapter 6: Staffing
Chapter 7: Directing
Chapter 8: Controlling

Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    What is the primary focus of the NCERT Business Studies Part 1 textbook?
    A1

    The primary focus is to introduce students to the fundamental concepts and principles of business studies, covering management, business environment, planning, organizing, staffing, directing, and controlling.

  • Q2
    Is this textbook suitable for students who are new to business studies?
    A2

    Yes, the textbook is designed to be comprehensive and introductory, making it ideal for students with little to no prior knowledge of business studies.

  • Q3
    How does the textbook approach the topic of management?
    A3

    The textbook dedicates several chapters to management, including its nature and significance, principles, planning, organizing, staffing, directing, and controlling, providing a thorough understanding of management functions.

  • Q4
    What is the significance of understanding the business environment, as discussed in Chapter 3?
    A4

    Understanding the business environment helps students analyze external and internal factors that impact businesses, enabling them to make informed decisions and develop strategies to address challenges and opportunities.

  • Q5
    Can you explain the importance of planning in business management, as covered in Chapter 4?
    A5

    Planning is crucial as it involves setting objectives and determining the best course of action to achieve them. It helps in allocating resources efficiently, reducing risks, and ensuring the business stays on track to meet its goals.

  • Q6
    How does the textbook cover the concept of organizing, and why is it important?
    A6

    The textbook explains organizing as the process of structuring and designing the organization, including division of work, authority, and responsibility. This is important for efficient operations, clear communication, and effective use of resources.

  • Q7
    What are the key elements of staffing discussed in Chapter 6?
    A7

    Key elements include recruitment, selection, training, and development, all of which are vital for building a skilled and productive workforce.

  • Q8
    How does leadership style impact business success, as discussed in Chapter 7 on Directing?
    A8

    Leadership style significantly influences motivation, communication, and overall team performance. Effective leadership can boost employee morale, improve productivity, and drive business success.

  • Q9
    What is the controlling process, and why is it essential in business management?
    A9

    The controlling process involves monitoring performance, comparing it with standards, identifying deviations, and taking corrective action. It is essential for ensuring that the business achieves its objectives and makes necessary adjustments in a timely manner.

  • Q10
    Is the NCERT Business Studies Part 1 textbook aligned with the Class 12 syllabus?
    A10

    Yes, the textbook strictly follows the NCERT syllabus for Class 12 Business Studies, covering all required topics and concepts.

CBSE SYLLABUS : NCERT Business Studies Part 1 Principles and Functions of Management Textbook For Class 12th

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management 
- Management - concept, objectives, and importance 
- Management as Science, Art and Profession
- Levels of Management 
- Management functions-planning, organizing, staffing, directing and controlling
- Coordination- concept and importance

Unit 2: Principles of Management
- Principles of Management - concept and significance
- Fayol’s principles of management
- Taylor’s Scientific management - principles and techniques

Unit 3: Business Environment
- Business Environment- concept and importance
- Dimensions of Business Environment 
- Economic, Social, Technological, Political and Legal
Demonetization - concept and features

Unit 4: Planning
- Planning: Concept, importance and limitation
- Planning process 
- Single use and Standing Plans. Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme

Unit 5: Organising 
- Organising: Concept and importance
- Organising Process 
- Structure of organisation- functional and divisional concept.
Formal and informal organization - concept
- Delegation: concept, elements and importance
- Decentralization: concept and importance 

Unit 6: Staffing 
- Staffing: Concept and importance of staffing
- Staffing as a part of Human Resource Management concept
- Staffing process 
- Recruitment process
- Selection – process 
- Training and Development - Concept and importance, Methods of training - on the job and off the job - vestibule training, apprenticeship training and internship training

Unit 7: Directing 
- Directing: Concept and importance 
- Elements of Directing 
- Motivation - concept, Maslow’s hierarchy of needs, Financial and non-financial incentives
- Leadership - concept, styles - authoritative, democratic and laissez faire
- Communication - concept, formal and informal communication; barriers to effective communication, how to overcome the barriers?

Unit 8: Controlling 
- Controlling - Concept and importance
- Relationship between planning and controlling
- Steps in process of control

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