Financial Management - CBSE Notes for Class 12 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies 1. Business Finance Money required for carrying out business activities is called Business Finance. 2. Financial Management It refers to efficient acquisition of finance, efficient utilisation of finance and efficient distributing and … [Read more...]
Organising – CBSE Notes for Class 12 Business Studies
Organising - CBSE Notes for Class 12 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies 1. Organising Identifying and grouping different activities in the organisation and bringing together the physical, financial and human resources to establish most productive relations for the achievement of specific goal of organisation. According … [Read more...]
Planning – CBSE Notes for Class 12 Business Studies
Planning - CBSE Notes for Class 12 Business Studies 1. Planning Planning can be defined as “thinking in advance what is to be done when it is to be done, how it is to be done and by whom it should be done.” According to Fayol, “Planning is chalking out plan of action, i.e., the result envisaged in the line of action to be followed, the stages to go through the methods to … [Read more...]
Directing – CBSE Notes for Class 12 Business Studies
Directing - CBSE Notes for Class 12 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies 1. Directing Directing function of management is concerned with instructing, guiding, inspiring and motivating the employees in the organisation so that their efforts result in achievement of organisational goal. According to Ernest Dale, “Directing … [Read more...]
Business Environment – CBSE Notes for Class 12 Business Studies
Business Environment - CBSE Notes for Class 12 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies 1. Business Environment Business environment as such is the total of all external forces which affect the organisation and operation of business. 2. Features/Characteristics of Business Environment (i) Totality of External Forces Business … [Read more...]