Business Studies for NCET

• 1

  Nature and Significance of Management

  Unit I. Covers Concept, objectives and importance of management; Management as science, art and profession; Levels of management; Functions of management; Coordination.

  • Concept, objectives and importance of management 5 questions
  • Management as science, art and profession 5 questions
  • Levels of management 5 questions
  • Functions of management 5 questions
  • Coordination 5 questions
• 2

  Principles of Management

  Unit II. Covers Principles of management: meaning and nature; Fayol’s principles of management; Taylor’s scientific management.

  • Principles of management: meaning and nature 5 questions
  • Fayol’s principles of management 5 questions
  • Taylor’s scientific management 5 questions
• 3

  Business Environment

  Unit III. Covers Meaning and importance of business environment; Dimensions of business environment.

  • Meaning and importance of business environment 5 questions
  • Dimensions of business environment 5 questions
• 4

  Planning

  Unit IV. Covers Meaning, features, importance and limitations of planning; Planning process; Types of plans.

  • Meaning, features, importance and limitations of planning 5 questions
  • Planning process 5 questions
  • Types of plans 5 questions
• 5

  Organising

  Unit V. Covers Meaning, importance and process of organising; Organisation structure; Formal and informal organisation; Delegation and decentralisation.

  • Meaning, importance and process of organising 5 questions
  • Organisation structure 5 questions
  • Formal and informal organisation 5 questions
  • Delegation and decentralisation 5 questions
• 6

  Staffing

  Unit VI. Covers Meaning and importance of staffing; Staffing process; Recruitment; Selection; Training and development.

  • Meaning and importance of staffing 5 questions
  • Staffing process 5 questions
  • Recruitment 5 questions
  • Selection 5 questions
  • Training and development 5 questions
• 7

  Directing

  Unit VII. Covers Meaning, importance and principles of directing; Supervision; Motivation; Leadership; Communication.

  • Meaning, importance and principles of directing 5 questions
  • Supervision 5 questions
  • Motivation 5 questions
  • Leadership 5 questions
  • Communication 5 questions
• 8

  Controlling

  Unit VIII. Covers Meaning and importance of controlling; Planning and controlling; Steps in the controlling process.

  • Meaning and importance of controlling 5 questions
  • Planning and controlling 5 questions
  • Steps in the controlling process 5 questions
• 9

  Business Finance

  Unit IX. Covers Financial management; Financial decisions; Financial planning; Capital structure; Fixed and working capital.

  • Financial management 5 questions
  • Financial decisions 5 questions
  • Financial planning 5 questions
  • Capital structure 5 questions
  • Fixed and working capital 5 questions
• 10

  Financial Markets

  Unit X. Covers Concept of financial markets; Money market; Capital market; Stock exchange; SEBI.

  • Concept of financial markets 5 questions
  • Money market 5 questions
  • Capital market 5 questions
  • Stock exchange 5 questions
  • SEBI 5 questions
• 11

  Marketing

  Unit XI. Covers Marketing: meaning and functions; Marketing mix; Product; Price; Physical distribution; Promotion.

  • Marketing: meaning and functions 5 questions
  • Marketing mix 5 questions
  • Product 5 questions
  • Price 5 questions
  • Physical distribution 5 questions
  • Promotion 5 questions
• 12

  Consumer Protection

  Unit XII. Covers Importance of consumer protection; Consumer Protection Act, 2019; Consumer rights and responsibilities; Redressal; Consumer awareness and organisations.

  • Importance of consumer protection 5 questions
  • Consumer Protection Act, 2019 5 questions
  • Consumer rights and responsibilities 5 questions
  • Redressal 5 questions
  • Consumer awareness and organisations 5 questions

Practice questions and mock tests