Business Studies XII Course Content

Nature of Management

  1. Concept and meaning of management
  2. Characteristics of management
  3. Management as science, art, and profession
  4. Management and administration
  5. Functions of management
  6. Levels of management

Principles of Management

  1. Meaning of Principle of management
  2. Importance of principles of management
  3. Taylor’s scientific management concept and his contributions
  4. Principles of scientific management
  5. Advantages and Limitations of scientific management
  6. Fayol’s administrative management theory
  7. Max Weber’s bureaucracy theory: concept and principles

Planning

  1. Concept of Planning
  2. Nature/Feature of Planning
  3. Types of Planning
  4. Procedures or steps or process of planning
  5. Rationale or need for Planning
  6. Benefit/Advantages/Important of Planning
  7. Limitation/Constraints of Planning

Organizing

  1. Concept of Organization
  2. Principles of Organization
  3. Importance of Organizing as a Management Function
  4. Organizing Process
  5. Organizational Structure
  6. Line Organizational Structure
  7. Functional Organization
  8. Line and Staff Organizational Structure
  9. Departmentation
  10. Concept of Authority, Responsibility and Accountability
  11. Delegation of Authority
  12. Decentralization of Authority;

Decision-Making

  1. Meaning and Concept of Decision-making
  2. Nature/Features of Decision-making
  3. Importance of Decision-making
  4. Steps of Decision-making
  5. Types of Decision-making

Direction

  1. Meaning and Concept of Direction
  2. Nature/Features of Direction
  3. Principles of Direction
  4. Components of Direction
  5. Importance of Direction

Motivation

  1. Meaning and Definition of Motivation
  2. Nature/Features of Motivation
  3. Process of motivation
  4. Importance of Motivation
  5. Techniques of Motivation
  6. Positive and Negative Motivations
  7. Maslow’s Need Hierarchy Theory

Leadership

  1. Meaning and Definition of Leadership
  2. Nature/Characteristics of Leadership
  3. Leadership Qualities
  4. Autocratic Leadership
  5. Democratic Leadership
  6. Laissez Faire or Free Rein Leadership:

Supervision

  1. Meaning and Definition of Supervision
  2. Functions of Supervisor
  3. Role of Supervisor
  4. Factors Affecting Supervision

Communication

  1. Meaning of Communication
  2. Features of Communication
  3. Process of Communication
  4. Importance of Communication
  5. Principles/Elements of Communication
  6. Types of Communication
  7. Barriers to Effective Communication

Co-ordination

  1. Meaning and Definition of Coordination
  2. Features of Coordination
  3. Techniques of Effective Coordination
  4. Importance of Coordination
  5. Elements/Principles of Coordination

Controlling

  1. Meaning and Definition of Control
  2. Nature /Features of Control
  3. Importance of Control
  4. Controlling Process
  5. Elements/Requirement of Adequate (Good) Control

Risk Management and Insurance

  1. Concept of Risk Management
  2. Meaning and Concept of Insurance
  3. Basic Terms of Insurance
  4. Importance of Insurance
  5. Essentials of Insurance Contract
  6. Principles of Insurance
  7. Life Insurance
  8. Fire Insurance Concept:
  9. Marine insurance

Emerging Management Concepts

  1. Concept of Conflict management
  2. Features of conflict
  3. Types of conflict
  4. Managing conflict
  5. Conflict Management Process
  6. Knowledge management
  7. Features of Knowledge Management
  8. Types of knowledge
  9. Knowledge Management Cycles
  10. Benefits of Knowledge Management
  11. Participative Management
  12. Advantages and Disadvantages of Participative Management