What is Business Studies?

Business is a dynamic process that brings together technology, human ability and natural resources in a regularly evolving business environment. To understand the framework in which a business operates, you need to know about the organisation and management of business processes and its interaction with the environment is required. Business studies, as a subject, provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces.

Business studies paper, like many other CBSE level papers, is divided into 2 parts. Part A generally contains questions from Principles and Functions of Management and carries 60 marks and part B comprises of questions from Business Finance and Marketing, carrying a total of 40 marks.

Some of the topics that are taught in Business Studies in Class 12 are:

• Nature and Significance of management
• Principles of Management
• Planning
• Organizing
• Staffing
• Directing
• Business Finance
• Entrepreneurship Development

Important topics

According to marks distribution, the important topics in part A are:

• Organizing and directing – both carrying 10 marks each
• Staffing – 8 marks
• Planning, nature and significance of management – 7 marks each.

Under part B, focus on topics like:

• Marketing – 14 marks
• Financial management – 12 marks

Topics like controlling and consumer protection are fairly simple to learn.

Tips for Preparation

• Follow NCERT book as it is the best and the recommended book for CBSE students. The language is crisp and clear.
• Try and visualize concepts and then recall them later.
• Solve each and every question given at the end of the chapter.
• Make notes, highlight and if you don’t mind making notes in your book, then you can even summarize the page in the margins. This will help you recollect important points just before the exam.
• Once you are through with your syllabus, move to paper solving, so as to accustom yourself to the test taking environment. Solve the sample papers given by CBSE and, also, from books like U-LIKE sample papers.
• To tackle questions that deal with higher order skills, read as many case studies as possible, and start analyzing topics.

How to score well in CBSE Class 12  Business Studies

• Before you start the exam, utilize the first 15 minutes to scan the paper. Read the question paper thoroughly before jumping to write the answers.
• Among the questions with internal choices, select the ones that you plan to attempt, and frame skeletons of the answers you are going to write for these questions. 
• Follow a pattern. For example, in case you start with long answer questions, complete that section and only then move to short or very short answer section.
• Highlight the important points and write your answer in points to enhance visibility.

Recommended books

• NCERT text books: Priced at Rs 65 and Rs 55 respectively, Book 1 and book 2 cover everything in the syllabus. They are the “official�? books for the subject.
• Business Studies by C.B Gupta: priced at Rs 121, the popular and widely read book enables the students to understand the dynamics and nuances of business and appreciate its economics and social significance.
• CBSE Sample papers: You can download the papers from the official website. The sample papers provided by the CBSE are as close to the real exam as it gets.

To know more about which books to follow, Click Here