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Syllabus of Higher Secondary
Standard - 11 & 12
(General Stream - English Medium)
Implemented From June - 2004 in Standard - 11, Implemented From June - 2005 in Standard - 12

Business Management & Administration (046)

Unit - 1 Form of Business & Objects

• Concept of Business & its characteristic features

• Business-Profession & service - Their outstanding characteristic features.

• Objects of Business Economic objectives & Social objectives

• Business Risks & Uncertain - ties – Their Nature & Causes.

• Role of Profit in the Business

• Development of Business Activities in India - Comparative picture of the past with the present development.

Unit - 2 Organization of Business

• Classification of Business activities - Commerce & Industry

• Classification of Industries

  • Basic (Core), Infrastructure & Salesicliavey

• Trade & its kinds

• E-commerce - its meaning, opportunities & Merits, Means necessary to make E-Commerce a success, security & precautions (necessary) for Business Transactions.

• Out-Sourcing - Services available from external sources - Financial Services, Advertising Services, Courier Services & Consumer Oriented services - Their Nature, Need & Kinds.

Unit-3 Services & Business

• Need for Banking services - Types of Banks, Functions of commercial banks.

• Insurance Service guiding Principles of Insurance concept - Type of Insurance - Life Insurance & general Insurance (Fire Insurance & Marine Insurance), Insurance so cover-up (cloths) other risk, Medi Claim. (Health) Insurance.

• Communication services - Posts & Telecom.

• Role of the Development of Modern Means of Communication.

• FAX, Internet, E-mail - Their Meaning & Utility

• Wave housing services Type of Wave houses & Functions.

Unit - 4 Forms of Business - Ownership & their Formation.

• Meaning, Characteristic Features, Merits & Limitations of the following forms of Business ownership.

• Individual Entrepreneurship business (Sole Tradex)

• Partnership – Main Constituents of partnership deep, kinds of partners, Formation of partnership & registration.

• H.U.F. Business

• Co-operative society

• Joint Stock Company

  • Types of Company

  • Private Co., Public Co. & Deemed Public Cos., Privileges of Private Cos.

• Selection of form of ownership

• Factors to be considered at the time of selecting the Appropriate Form of ownership.

• Opportunities & scope of Developing a small scale unit (S.S.I.)

Unit-5

• Private sector & Public sector

• Forms of PS.U.s-Department Form, Public Corporation Form & the Government Go.

• Changing Role of P.S.Us.

• Multinational Cos., - Meaning & Characteristic Features.

Unit-6 Formation of a Company.

• Stages in the formation of a co.

• Idea conception Preliminary work stage.

• To obtain in the certificate of Incorporation (Registration stage) - Processive.

• To obtain the certificate to commence the business (certificate of trading stage) - Procedure.

Unit - 7 Sources of Procurement of Business Capital.

• Nature of Capital & Significance

• Classification of capital & Need of Capital

  • Long term Capital

  • Medium term Capital

  • Short term Capital

• Services of procurement of capital - Ownership sources & Borrowed capital sources.

  • Equity shares & preference share.

  • Debentures - Bonds - kind of debentures - Secured, Non-Secured, Convertible &

• Non-Convertible

  • Plunging week of Profits.

  • Public Deposits.

  • Foreign capital - Sources - their significance

  • Institutional Finance - Objects, Methods of lending by public financial institutions, financing cos.

• Non-Banking financial cos. (Other them Banking), Investment Trusts & Mutual Funds, Institutional Financing for small scale business.

Unit-08 Internal Trade

• Meaning & Kinds.

• Wholesale Trade - Functions & Services.

• Retail Trade - Meaning types, Features, Merits & Limitations.

• Moule shops & shops established at a place.

  • Departmental stores.

  • Chain stores

  • Mail Order houses -Their franchise

  • Sugar Market

  • Direct Trading, Tele-Marketing, Internet Marketing

Unit - 09 Foreign Trade

• Nature & Significance

• Means to promote export trade

• Import & Export procedure & the documents involved in small trade.

• Export processing zone & special Economic zones - their nature & significance.
  The students are expected to prepare & submit their project report on any of the
  following Three topics

• Procedures of formation & Development of a Business unit.

• Measures observed by the Traders for consumer satisfaction.

• Close observation of the business activities by a trader (A Day with the trader or A traders Day out)

• Mertis of the service rendeced by a bank in comparison with other local banks in the particular area.

• Study of postal & local courier services

• Comprehensive study of an sole trader unit or a partnership firm in the local area.

• Comprehensive study of any H.U.F. business unit in the area.

• Study of any co-operative society.

• Study of the sources of procurement of finance for S.S.Us.

• Study of any Gujari or Hat (Weekly shops)

• Study of mobile traders on the parement of the commercial areas.

• Contribution & Collection / presentation of the details apposed in the News papers, Magazines etc.

• Specimen of the Documents & their critical study which are used/employed by the Banks & Insurance Cos.

Standard - 12
Business Management & Administration

Unit - 01 Nature of Management & its Significance

• Concept of Mgmt. - Objects & Significance.

• Group Activity Process & Discipline of study & Mgmt. as a group activity

• A Science, an art & a profession

• Mgmt. & administration - their utility & views.

• Levels of Mgmt. - Top, Middle & Bottom

• Functions of Mgmt. (Constituents)

  • Planning, organising staffing, direction & Controlling - Nature & Significance.

Unit - 02 Principles of Mgmt.

• Principles of Mgmt. - Meaning, Nature & Significance.

• Principles of flenry Fayol

• Scientific Mgmt. & its Methods (Process of Scientific Mgmt.)

Unit - 03 Planning

• Meaning, characteristic features & Importance.

• Process of planning.

• Objects - Alternatives, process, Methods, Principles, Budgeting & Programmes - Meaning & Special features.

• Limitations of Planning

• Budgeting - Meaning, special features & process of budgeting.

Unit-04 Organising

• Meaning & Significance

• Stages in the process of organising (org-structure).

• Organisation structure - Line functional committee.

• Formal & Informal org.

• Delegation of Authority - Meaning & Significance.

• Elements of Delegation of authority

• Reporting - Meaning & Significance.

• Do centralization - Meaning & Importance

• Delegation of Authority & Decentralization - Difference.

Unit-05 Staffing

• Meaning, Significance & Scope

• Staffing as a human. Resources, Development (H.R.D.)

• Stages of selection.

• Selection (Recruitment) Sources of Recruitment.

• Selection - Meaning & Process

• Training & Development - Meaning, importance, Methods - On the for Apprentice, vestibule Internship.

• Remuneration & Incentives - Pecuniavey (Monitory) & Non-Monitory.

• Methods Of wage determination - Time wage rate & piece wage Rate.

Unit-06 Directing

• Meaning & Significance

• Elements of Direction

  • Inspection - Meaning, Importance

  • Counseling - Meaning, priority & Importance.

  • Leadership - Meaning, significance & features of an ideal leadership.

  • Communication - Meaning, importance, formal & Informal communications.

  • Obstacles of effective communications.

Unit-07 Controlling

• Meaning & Importance.

• Close Relationship of planning & controlling.

• Stages in the process of controlling.

Unit-08 Functional areas of Mgmt.

• Human Resource Development Mgmt.

• Marketing Mgmt.

• Financial Mgmt.

• Production Mgmt.

Unit-09 Consumer Interest Protection.

• Meaning of consumer Interest protections.

• Rights of consumer.

• Responsibilities of consumers.

• Measures of consumer Interest protection & its methods.

Unit-10 Business Environment

• Meaning & Importance

• Forces affecting Business - environment - Political economic, social & Legal (Legislative)
  Economic Environment in India.

• Effects of Liberalization & globalization effective from New Industrial policy 1991 & policy amended by the Govt.

• Mgmt. Views on the dynamism of business environment

Unit-11 Social Accountability& Business morality

• Concept of social accountability

• Social responsibility & need of H.R.O.

• Responsibility towards owners / investors, employees, consumers, government.

• Business & Removal of Pollution.

• Business Morality - Concept & Elements.