AIR FORCE SCHOOL HASIMARA. Lesson Plan. Board: CBSE Class: XII comm Subject: Business Studies

Transcription

1 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII comm Subject: Business Studies Chapter Name: Principles of Management Nature and Significance Prerequisite Knowledge: Objectives Short description of lesson Audio Visual Aids Children must know about the meaning of principle which is a fundamental statement of fact which establishes relationship between causes and effects of an event. It provides a guide to the thought and action. Know about Importance & nature of management. Functions of management and its coordination. : Children should be able to:- (a) Understand the meaning & definitions of principles of management. (b) Understand the nature or characteristics of principles of Management. (c) Understand the need and importance of principles of Management. (d) Understand the Henry Fayol s principles of management. (e) Understand the meaning & definitions of scientific management. (f) Understand the main features or characteristics of scientific management. (g) Understand the principles & Techniques of scientific management. (a) Meaning & definitions of principles of management. (b) Nature or characteristics of principles of Management. (c) Need and importance of principles of Management. (d) Henry Fayol s principles of management. (e) Meaning & definitions of scientific management. (f) Main features or characteristics of scientific management. (g) Principles & Techniques of scientific management. CD s or Teach next about the Management Meaning & definitions, nature or characteristics, need and importance of principles of Management. Henry Fayol s principles of management. Meaning &

2 Procedure Expected outcome Assessment definitions of scientific management, main features or characteristics of scientific management, principles & techniques of scientific management (Taylor s). (Teacher Student Activities) A. Warm up Session: Principle is a fundamental statement of fact which establishes relationship between causes and effects of an event. It provides a guide to the thought and action. In this sense, principles of management are statements of fundamental truth which provide a guide to the managers in performing managerial functions and taking managerial decisions. According to Herbert G. Hicks, Principles of management are the guiding rules of laws for managerial action. B. Student learning Activities: Lecture on the following topics Meaning & definitions, nature or characteristics, need and importance of principles of Management. Meaning & definitions, main features or characteristics of scientific management. Discussing Henry Fayol s principles of management and principles & techniques of scientific management (Taylor s). Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of principles of Management. Understand Henry Fayol s principles of management. Know the meaning & definitions of scientific management, main features or characteristics of scientific management, principles & techniques of scientific management (Taylor s). (Test questions and extra question) Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of principles of Management. Meaning & definitions, main features or characteristics of scientific management. Application oriented based on: - Henry Fayol s principles of management and principles & techniques of scientific management (Taylor s).

3 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII comm Subject: Business Studies Chapter Name: Business Environment Prerequisite Knowledge: Objectives Short description of lesson Children must know about all those forces and institutions which are external to, and beyond the control of individual business enterprises and their management but are likely to influence the performance if business enterprise. These forces include customers, creditors, competitors, suppliers, government, socio-cultural organization, political parties, international organizations, constitutional rules, etc. : Children should be able to know:- (a) Meaning of Business Environment. (b)characteristics or features of Business Environment. (c) Importance of Business Environment. (d) Dimensions or Types of Business Environment. (e) Economic Environment in India. (f) Impact of changes in Government Policy on Business and Industry. Business Environment refers to the total of all external forces which affect the organization and operations of business and over which business has no control. Some of these forces have direct influence over the business enterprise while others may operate indirectly. Additions to these following topics will be discussed:- (a) Meaning of Business Environment. (b) Characteristics or features of Business Environment. (c) Importance of Business Environment. (d) Dimensions or Types of Business Environment. (e) Economic Environment in India. (f) Impact of changes in Government Policy on Business and Industry.

4 Audio Visual Aids Procedure Expected outcome Assessment CD s or Teach next about the Business Environment Meaning & definitions, nature or characteristics, need and importance. Dimensions or Types of Business Environment and Economic Environment in India. Impact of changes in Government Policy on Business and Industry. (Teacher Student Activities) A. Warm up Session: All those forces and institutions which are external to, and beyond the control of individual business enterprises and their management but are likely to influence the performance if business enterprise. These forces include customers, creditors, competitors, suppliers, government, socio-cultural organization, political parties, international organizations, constitutional rules, etc. Business Environment refers to the total of all external forces which affect the organization and operations of business and over which business has no control. Some of these forces have direct influence over the business enterprise while others may operate indirectly. B. Student learning Activities: Lecture on the following topics Meaning & definitions, nature or characteristics, need and importance of Business Environment. Discussion on Dimensions or Types of Business Environment and Economic Environment in India. Demonstration with current figures on impact of changes in Government Policy on Business and Industry. Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of Business Environment. Understand the various dimensions or Types of Business Environment and Economic Environment in India. Apply their skill of attitude for understanding the impact of changes in Government Policy on Business and Industry. (Test questions and extra question) Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of Business Enviornment. Application oriented based on: - Dimensions or Types of Business Environment and Economic Environment in India. Impact of changes in Government Policy on Business and Industry.

5 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII comm Subject: Business Studies Chapter Name: Planning Prerequisite Knowledge: Children must know about the functions of management and planning is a primary function of management since it involves deciding of future course of action. The other functions of management namely, organizing, staffing, directing and controlling follow planning. So long planning does not lay down the object to be achieved and a specific course of action to be followed to achieve it, the other functions of management render meaningless. Children will be able to understand:- (a) Meaning and definitions of planning. Objectives (b) Characteristics or features or nature of planning. (c) Importance or significance of planning. (d) Difficulties / Limitations / Criticism of planning. (e) Planning Process or steps Involved in planning. (f) Types of Plans & difference between: Goals & Objectives; Policies & Objectives; Policies & Procedures; Procedures & Methods; Policies & Rules; Short description of lesson and Rules & Methods. Planning means deciding in the present what to do in the future. It is the determination of a course of action for achieving the desired goals. Planning is a prepatory step for action and prescribes a schedule of working. It involves selection of most feasible course of action from all available alternatives. Additions to these following topics will be discussed:- (a) Meaning and definitions of planning. (b) Characteristics or features or nature of planning. (c) Importance or significance of planning. (d) Difficulties / Limitations / Criticism of planning. (e) Planning Process or steps Involved in planning. (f) Types of Plans & difference between: Goals & Objectives; Policies & Objectives; Policies & Procedures; Procedures & Methods; Policies & Rules; and Rules & Methods.

6 Audio Visual Aids Procedure Expected outcome Assessment CD s or Teach next about the Planning Meaning & definitions, nature or characteristics, need and importance. Limitations of planning and planning process or steps involved. Types of Planning and difference between various plans. (Teacher Student Activities) A. Warm up Session: Planning means deciding in the present what to do in the future. It is the determination of a course of action for achieving the desired goals. Planning is a prepatory step for action and prescribes a schedule of working. It involves selection of most feasible course of action from all available alternatives. Thus, planning is an intellectual process involving orderly approach to the task in hand. It implies the work of both problem solving as well as decision making. It is basically a process of choosing. B. Student learning Activities: Lecture on the following topics Meaning & definitions, nature or characteristics, need and importance of planning. Discussion of limitations of planning and planning process or steps involved. Demonstration of types of Planning and difference between: Goals & Objectives; Policies & Objectives; Policies & Procedures; Procedures & Methods; Policies & Rules; and Rules & Methods. Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of planning. Understand the limitations of planning and planning process or steps involved. Types of Planning and apply their skill of attitude to differentiate between: Goals & Objectives; Policies & Objectives; Policies & Procedures; Procedures & Methods; Policies & Rules; and Rules & Methods. (Test questions and extra question) Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of Planning. Limitations of planning and planning process or steps involved. Application oriented based on: - Types of Planning and difference between: Goals & Objectives; Policies & Objectives; Policies & Procedures; Procedures & Methods; Policies & Rules; and Rules & Methods.

7 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Organizing Prerequisite Knowledge: Objectives Short description of lesson Children must know about the other functions of management namely, organizing, staffing, directing and controlling follow planning. So once the plans and objectives have been laid down, management has to identify and establish productive relationships among various activities and resources required for implementing plans. Organizing helps in supplying the means by which people can work together effectively towards the accomplishment of specific goals. : Children will be able to understand:- (a) Meaning, definitions, Characteristics and importance of Organizing. (b) Organizing process or steps in the process of Organizing. (c) Meaning, definitions & types of organizational structure. (d) Meaning, advantages, disadvantages & difference between Functional & Divisional Organizational structures. (e) Meaning, features, advantages, disadvantages & difference between Formal and Informal organizational structure. (f) Delegation of authority: Meaning, elements and importance. (g) Difference between Authority Vs Responsibility and Responsibility Vs Accountability. (h) Decentralization: Meaning, importance and a comparative view of Delegation of Authority and Decentralization. Organizing helps in supplying the means by which people can work together effectively towards the accomplishment of specific goals. If human and material resources required for the work are unassembled, they are brought together orderly by means of organizing. Organizing or organization refers

8 Audio Visual Aids Procedure to the process of identifying and grouping various activities and bringing together physical, financial and human resources and establishing productive relations among them for the achievement of specific goals. Additions to these following topics will be discussed:- (a) Meaning, definitions, Characteristics and importance of Organizing. (b) Organizing process or steps in the process of Organizing. (c) Meaning, definitions & types of organizational structure. (d) Meaning, advantages, disadvantages & difference between Functional & Divisional Organizational structures. (e) Meaning, features, advantages, disadvantages & difference between Formal and Informal organizational structure. (f) Delegation of authority: Meaning, elements and importance. (g) Difference between Authority Vs Responsibility and Responsibility Vs Accountability. (h) Decentralization: Meaning, importance and a comparative view of Delegation of Authority and Decentralization. CD s or Teach next about the Organizing Meaning & definitions, nature or characteristics, need and importance. Organizing process or steps in the process of Organizing. Meaning, definitions & types of organizational structure. Meaning, advantages, disadvantages & difference between Functional & Divisional Organizational structures. Meaning, features, advantages, disadvantages & difference between Formal and Informal organizational structure. Delegation of authority: Meaning, elements and importance. Difference between Authority Vs Responsibility and Responsibility Vs Accountability. Decentralization: Meaning, importance and a comparative view of Delegation of Authority and Decentralization (Teacher Student Activities) A. Warm up Session: Once the plans and objectives have been laid down, management has to identify and establish productive relationships among various activities and resources required for implementing plans. Organizing helps in supplying the means by which people can work together effectively towards the accomplishment of specific goals. If human and material resources required for the work are

9 unassembled, they are brought together orderly by means of organizing. Organizing or organization refers to the process of identifying and grouping various activities and bringing together physical, financial and human resources and establishing productive relations among them for the achievement of specific goals. Expected outcome Assessment B. Student learning Activities: Lecture on the following topics Meaning & definitions, nature or characteristics, need and importance of organizing. Meaning, definitions & types of organizational structure. Meaning of Functional & Divisional Organizational structures. Meaning & features Formal and Informal organizational structure. Delegation of authority: Meaning, elements and importance. Decentralization: Meaning & importance. Discussion of Organizing process or steps in the process of Organizing and a comparative view of Delegation of Authority and Decentralization. Demonstration of advantages, disadvantages & difference between Functional & Divisional Organizational structures. Advantages, disadvantages & difference between Formal and Informal organizational structure. Difference between Authority Vs Responsibility and Responsibility Vs Accountability Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of organizing. Organizing process or steps in the process of Organizing. Meaning, definitions & types of organizational structure. Meaning, advantages, disadvantages & difference between Functional & Divisional Organizational structures. Meaning, features, advantages, disadvantages & difference between Formal and Informal organizational structure. Delegation of authority: Meaning, elements and importance. Difference between Authority Vs Responsibility and Responsibility Vs Accountability. Decentralization: Meaning, importance and a comparative view of Delegation of Authority and Decentralization. (Test questions and extra question) Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of organizing. Meaning, definitions & types of organizational structure. Meaning of Functional & Divisional Organizational structures. Meaning & features Formal and Informal organizational structure. Delegation of authority: Meaning, elements and importance. Decentralization: Meaning & importance.

10 Application oriented based on: - Organizing process or steps in the process of Organizing and a comparative view of Delegation of Authority and Decentralization. Advantages, disadvantages & difference between Functional & Divisional Organizational structures. Advantages, disadvantages & difference between Formal and Informal organizational structure. Difference between Authority Vs Responsibility and Responsibility Vs Accountability.

11 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Staffing Prerequisite Knowledge: Objectives Short description of lesson Children must know about the other functions of management namely, staffing, directing and controlling follow planning & organizing. Staffing is an important function of management. If management consists in getting things done through people, people could well be called the dynamic elements of management. Without people of the proper sort, things will remain mere materials, or idle funds or empty dreams of objectives which are sought to be achieved but cannot be translated into practice. Children will be able to understand:- (a)meaning, definitions, Characteristics and importance of Staffing. (b) Staffing process or steps in the process of Staffing. (c) Meaning, definitions & evolution of HRM. (d) Staffing as a part of HRM & Components of staffing. (e)meaning, definitions, process & Sources of Recruitment. (f) Meaning, types, merits and demerits of Internal & External sources of recruitment. (g) Meaning & definitions of Selection and steps involved in the selection in the selection process. (h) Difference between Recruitment and selection. (h) Meaning, definitions, characteristics and importance of training. (i) Meaning of development and difference between training & development. Staffing is an important function of management. If management consists in getting things done through people, people could well be called the dynamic elements of management. Without people of the proper sort, things will remain mere materials, or idle funds or empty dreams of objectives which are sought to be achieved but cannot be translated into practice. Therefore, it becomes necessary to fill in the various

12 Audio Visual Aids Procedure job positions in the enterprise with the right kind of people who can effectively perform their assigned activities. Staffing function is concerned with bringing right and efficient persons in the organization. Additions to these following topics will be discussed:- (a)meaning, definitions, Characteristics and importance of Staffing. (b)staffing process or steps in the process of Staffing. (c)meaning, definitions & evolution of HRM. (d) Staffing as a part of HRM & Components of staffing. (e)meaning, definitions, process & Sources of Recruitment. (f)meaning, types, merits and demerits of Internal & External sources of recruit. (g)meaning & definitions of Selection and steps involved in the selection in the selection process. (h) Difference between Recruitment and selection. (h) Meaning, definitions, characteristics and importance of training. (i)meaning of development and difference between training & development. CD s or Teach next about the Staffing Meaning & definitions, nature or characteristics, need and importance. Staffing process or steps in the process of Staffing. Meaning, definitions & evolution of HRM. Staffing as a part of HRM & Components of staffing. Meaning, definitions, process & Sources of Recruitment. Meaning, types, merits and demerits of Internal & External sources of recruit. Meaning & definitions of Selection and steps involved in the selection in the selection process. Difference between Recruitment and selection. Meaning, definitions, characteristics and importance of training. Meaning of development and difference between training & development. A. Warm up Session: Staffing is an important function of management. If management consists in getting things done through people, people could well be called the dynamic elements of management. Without people of the proper sort, things will remain mere materials, or idle funds or empty dreams of objectives which are sought to be achieved but cannot be translated into practice. Therefore, it becomes necessary to fill in the various job positions in the enterprise with the right kind of people who can effectively perform their assigned activities. Staffing function is concerned with bringing right and efficient persons in the organization. Staffing means filling various positions or jobs in an enterprise/organization

13 Expected outcome Assessment with the suitable personnel. It pertains to recruitment, selection, training, development, appraisal, remuneration, promotion, transfers, etc. B. Student learning Activities: Lecture on the following topics Meaning & definitions, nature or characteristics, need and importance of Staffing. Meaning, definitions & evolution of HRM. Meaning, definitions, process & Sources of Recruitment. Meaning & types of Internal & External sources of recruitment. Meaning & definitions of Selection. Meaning, definitions, characteristics and importance of training. Meaning of development. Discussion of Staffing process or steps in the process of Staffing and Staffing as a part of HRM & Components of staffing. Steps involved in the selection in the selection process. Demonstration of merits and demerits of Internal & External sources of recruitment. Difference between Recruitment Vs selection and training Vs development. Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of Staffing. Staffing process or steps in the process of Staffing. Meaning, definitions & evolution of HRM. Staffing as a part of HRM & Components of staffing. Meaning, definitions, process & Sources of Recruitment. Meaning, types, merits and demerits of Internal & External sources of recruitment. Meaning & definitions of Selection and steps involved in the selection in the selection process. Difference between Recruitment and selection. Meaning, definitions, characteristics and importance of training. Meaning of development and difference between training & development. (Test questions and extra question) Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of Staffing. Meaning, definitions & evolution of HRM. Meaning, definitions, process & Sources of Recruitment. Meaning & types of Internal & External sources of recruitment. Meaning & definitions of Selection. Meaning, definitions, characteristics and importance of training. Meaning of development. Application oriented based on: - Staffing process or steps in the process of Staffing and Staffing as a part of HRM & Components of staffing. Steps involved in the selection in the selection process. Merits and demerits of Internal & External sources of recruitment. Difference between Recruitment Vs selection and training Vs development.

14 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Directing Prerequisite Knowledge: Objectives Short description of lesson Children must know about the other functions of management namely directing and controlling follow planning, organizing & staffing. After planning, organizing and staffing, the management is required to initiate actual action for which directing is required. Planning, organizing and staffing are merely preparation for doing the work, but the work actually starts when the manager performs the function of directing which literally means moving into action. Children will be able to understand:- (a) Meaning, definitions, Characteristics and importance of Directing. (b) Principles & elements of Directing. (c) Meaning, definitions, characteristics & importance of supervision. (d) Meaning, definitions, characteristics & importance of motivation. (e) Motivation process, Maslow s need Hierarchy theory & Incentives and its types. (f) Meaning, definitions, characteristics & importance of Leadership. (g) Qualities of good leader. (h) Meaning, definitions, characteristics & importance of Communication. (h) Communication process & types. (i) Barriers to effective communication. After planning, organizing and staffing, the management is required to initiate actual action for which directing is required. Planning, organizing and staffing are merely preparation for doing the work, but the work actually starts when the manager performs the function of directing which literally means moving into action. Directing means guiding, motivating, leading and supervising the subordinates to accomplish desired objectives. It consists of issuing orders and

15 Audio Visual Aids Procedure instructions by superiors to their subordinates. It also includes motivating subordinates and providing leadership to them. Additions to these following topics will be discussed:- (a) Meaning, definitions, Characteristics and importance of Directing. (b) Principles & elements of Directing. (c) Meaning, definitions, characteristics & importance of supervision. (d) Meaning, definitions, characteristics & importance of motivation. (e) Motivation process, Maslow s need Hierarchy theory & Incentives and its types. (f) Meaning, definitions, characteristics & importance of Leadership. (g) Qualities of good leader. (h) Meaning, definitions, characteristics & importance of Communication. (h) Communication process & types. (i) Barriers to effective communication. CD s or Teach next about the Directing Meaning & definitions, nature or characteristics, need and importance. Principles & elements of Directing. Meaning, definitions, characteristics & importance of supervision. Meaning, definitions, characteristics & importance of motivation. Motivation process, Maslow s needs Hierarchy theory & Incentives and its types. Meaning, definitions, characteristics, importance of Leadership & Qualities of good leader. Meaning, definitions, characteristics, importance of Communication & Communication process & types. Barriers to effective communication. (Teacher Student Activities) A. Warm up Session: Planning, organising and staffing are merely preparation for doing the work, but the work actually starts when the manager performs the function of directing which literally means moving into action. Directing means guiding, motivating, leading and supervising the subordinates to accomplish desired objectives. It consists of issuing orders and instructions by superiors to their subordinates. It also includes motivating subordinates and providing leadership to them. It is an executive function of management and it deals with the human element of the organization. Direction mobilizes human resources and efforts to accomplish the desired objectives. This function of management is also called actuation. B. Student learning Activities: Lecture on the

16 Expected outcome Assessment following topics Meaning & definitions, nature or characteristics, need and importance of Directing. Principles & elements of Directing. Meaning, definitions, characteristics & importance of supervision. Meaning, definitions, characteristics & importance of motivation. Meaning, definitions, characteristics, importance of Leadership. Meaning, definitions, characteristics, importance of Communication. Discussion of Motivation process, Maslow s needs Hierarchy theory & Incentives and its types. Qualities of good leader. Communication process & types. Barriers to effective communication Demonstration of merits and demerits of Supervision, motivation, leadership and communication. Children will be able to Know Meaning & definitions, nature or characteristics, need and importance of Directing. Principles & elements of Directing. Meaning, definitions, characteristics & importance of supervision. Meaning, definitions, characteristics & importance of motivation. Motivation process, Maslow s needs Hierarchy theory & Incentives and its types. Meaning, definitions, characteristics, importance of Leadership & Qualities of good leader. Meaning, definitions, characteristics, importance of Communication & Communication process & types. Barriers to effective communication. Theoretical questions based on: - Meaning & definitions, nature or characteristics, need and importance of Directing. Principles & elements of Directing. Meaning, definitions, characteristics & importance of supervision. Meaning, definitions, characteristics & importance of motivation. Meaning, definitions, characteristics, importance of Leadership. Meaning, definitions, characteristics, importance of Communication. Application oriented based on: - Motivation process, Maslow s needs Hierarchy theory & Incentives and its types. Qualities of good leader. Communication process & types. Barriers to effective communication. Merits and demerits of Supervision, motivation, leadership and communication.

17 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Controlling Prerequisite Knowledge: Children must know about the functions of management namely planning, organizing, staffing & directing. And Controlling is the process of checking, measuring and regulating the ongoing activities of the organization to ensure that they are in conformity with the pre-determined plans and produce the desired results. In other words, controlling is an activity to see whether work is carried out according to schedule or plans laid down and taking corrective action, if necessary. In this way, it is a comparison and verification process of the actual performance with the planned performance. Objectives Short description of lesson Children will be able to understand:- (a) Meaning & definitions of Controlling. (b) Nature or characteristics of controlling. (c) Importance of Controlling. (d) Relationship between planning and controlling. (e) Controlling process or steps in the process of control (f) Meaning, definitions, importance advantages and limitation of Budgetary Control & other technique of controlling Controlling is the process of checking, measuring and regulating the ongoing activities of the organization to ensure that they are in conformity with the predetermined plans and produce the desired results. In other words, controlling is an activity to see whether work is carried out according to schedule or plans laid down and taking corrective action, if necessary. In this way, it is a comparison and verification process of the actual performance with the planned performance. Controlling is a function to be exercised at each level of management. Additions to these following topics will be

18 discussed:- (a) Meaning & definitions of Controlling. (b) Nature or characteristics of controlling. (c) Importance of Controlling. (d) Relationship between planning and controlling. (e) Controlling process or steps in the process of control (f) Meaning, definitions, importance advantages and limitation of Budgetary Control & other technique of controlling Audio Visual Aids : CD s or Teach next about the Controlling Meaning & definitions. Nature or characteristics of controlling. Importance of Controlling. Relationship between planning and controlling. Controlling process or steps in the process of control. Meaning, definitions, importance advantages and limitation of Budgetary Control & other technique of controlling. (Teacher Student Activities) Procedure A. Warm up Session: Controlling is the process of checking, measuring and regulating the on going activities of the organization to ensure that they are in conformity with the pre-determined plans and produce the desired results. In other words, controlling is an activity to see whether work is carried out according to schedule or plans laid down and taking corrective action, if necessary. In this way, it is a comparison and verification process of the actual performance with the planned performance. Controlling is a function to be exercised at each level of management. B. Student learning Activities: Lecture on the following topics Meaning & definitions of Controlling. Nature or characteristics of controlling. Importance of Controlling. Controlling process or steps in the process of control. Meaning, definitions, importance of Budgetary Control & other technique of controlling. Discussion of Relationship between planning and controlling. Demonstration of advantages and limitation of Budgetary Control & other technique of controlling.

19 Expected outcome Children will be able to Know Meaning & definitions of Controlling. Nature or characteristics of controlling. Importance of Controlling. Relationship between planning and controlling. Controlling process or steps in the process of control. Meaning, definitions, importance advantages and limitation of Budgetary Control & other technique of controlling. (Test questions and extra question) Assessment Theoretical questions based on: - Meaning & definitions of Controlling. Nature or characteristics of controlling. Importance of Controlling. Controlling process or steps in the process of control. Meaning, definitions, importance of Budgetary Control & other technique of controlling. Application oriented based on: - Relationship between planning and controlling. Advantages and limitation of Budgetary Control & other technique of controlling..

20 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Controlling Prerequisite Knowledge: Objectives Short description of lesson Children must know about the consumer is at the core of business world in the present day economy. Quantity and quality of goods are produced as per the needs of the consumer. Advancement of any business unit depends on the satisfaction of the consumer. That product will be in great demand which gives maximum satisfaction to the consumer and so it will be produced on large scale. As a result, the concerned production unit will develop and earn large profit. Despite the fact that importance of the consumer is widely recognized, he is deprived of his rights and privileges and is subjected to diverse kinds of exploitation. For instance, exploitation in the form of short weight and measure, poor quality of the product, adulteration, supply of fake goods, hoarding and black marketing of the goods, delivery of goods not on schedule, etc. Children will be able to understand:- (a) Meaning and Need & importance of consumer Protection. (b) Consumers right and responsibilities. (c) Ways and means of Consumer Protection. (d) Consumer Protection under Law. (e) Three Tier Redressal Machinery under Consumer Protection Act, 1986 (f) Role of Consumer Organizations or Non- Government Organizations (NGOs). Despite the fact that importance of the consumer is widely recognized, he is deprived of his rights and privileges and is subjected to diverse kinds of exploitation. For instance, exploitation in the form of short weight and measure, poor quality of the product, adulteration, supply of fake goods, hoarding and black marketing of the goods, delivery of goods not on schedule, etc. Not only is that, even doubtful and false advertisements indulged into by the producers to

21 Audio Visual Aids Procedure attract consumers. With a view to protecting the consumers from such exploitation and making them aware of their rights a method of consumer protection has been launched. Need for protection and satisfaction of the consumer is now being widely recognized across the world. India has also adopted the concept of consumer protection more seriously and vigoursly. Additions to these following topics will be discussed:- (a) Meaning and Need & importance of consumer Protection. (b) Consumers right and responsibilities. (c) Ways and means of Consumer Protection. (d) Consumer Protection under Law. (e) Three Tier Redressal Machinery under Consumer Protection Act, 1986 (f)role of Consumer Organizations or Non-Government Organizations (NGOs). CD s or Teach next about the Consumer Protection Meaning and Need & importance. Consumers right and responsibilities. Ways and means of Consumer Protection. Consumer Protection under Law. Three Tier Redressal Machinery under Consumer Protection Act, Role of Consumer Organizations or Non-Government Organizations (NGOs). (Teacher Student Activities) A. Warm up Session: Advancement of any business unit depends on the satisfaction of the consumer. That product will be in great demand which gives maximum satisfaction to the consumer and so it will be produced on large scale. As a result, the concerned production unit will develop and earn large profit. Despite the fact that importance of the consumer is widely recognized, he is deprived of his rights and privileges and is subjected to diverse kinds of exploitation. For instance, exploitation in the form of short weight and measure, poor quality of the product, adulteration, supply of fake goods, hoarding and black marketing of the goods, delivery of goods not on schedule, etc. Not only is that, even doubtful and false advertisements indulged into by the producers to attract consumers. With a view to protecting the consumers from such exploitation and making them aware of their rights a method of consumer protection has been launched. Need for protection and satisfaction of the consumer is now being widely recognized across the world. India has also adopted the concept of consumer protection

22 Expected outcome Assessment more seriously and vigoursly. B. Student learning Activities: Lecture on the following topics Meaning and Need & importance of consumer protection. Three Tier Redressal Machinery under Consumer Protection Act, Discussion of ways and means of Consumer Protection. Role of Consumer Organizations or Non- Government Organizations (NGOs). Demonstration of Consumer s right and responsibilities. Consumer Protection under Law. Children will be able to Know Meaning and Need & importance. Consumer s right and responsibilities. Ways and means of Consumer Protection. Consumer Protection under Law. Three Tier Redressal Machinery under Consumer Protection Act, Role of Consumer Organizations or Non-Government Organizations (NGOs). (Test questions and extra question) Theoretical questions based on: - Meaning and Need & importance of consumer protection. Three Tier Redressal Machinery under Consumer Protection Act, Application oriented based on: - Ways and means of Consumer Protection. Role of Consumer Organizations or Non-Government Organizations (NGOs). Consumer s right and responsibilities. Consumer Protection under Law.

23 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Business Finance / Financial Management Prerequisite Knowledge: Objectives Short description of lesson Children must know about the term Finance means money or funds. Finance needed by the business is called Business Finance. It can be broadly defined as the activity concerned with the planning, raising, administering and controlling the funds used in the business. In other words, it is that activity of business which deals with the problem of funds of the business. No business firm can carry on its operations smoothly and successfully without the availability of right amount of funds at the right time. It is the master key which provides access to all the resources to be employed in manufacturing and merchandising. The success of business enterprises depends, to a great extent, on the manner in which it raises, employs and disburses its funds. Children will be able to understand:- (a) Meaning, definitions and objects of Financial Management. (b) Finance Functions. (c) Financial Planning: Meaning, definitions, importance and objects. (d) Capital Structure: Meaning, features and factors affecting. (e) Capitalization: Meaning, features and Over & under capitalization. (f) Fixed Capital: Meaning, features and factors affecting. Capital Budgeting. (g) Working Capital: Meaning, features, types and factors affecting. (h) Operating Cycle and Working Capital. Finance needed by the business is called Business Finance. It can be broadly defined as the activity concerned with the planning, raising, administering and controlling the funds used in the business. In other words, it is that activity of business which deals with the

24 Audio Visual Aids Procedure problem of funds of the business. No business firm can carry on its operations smoothly and successfully without the availability of right amount of funds at the right time. It is the master key which provides access to all the resources to be employed in manufacturing and merchandising. The success of business enterprises depends, to a great extent, on the manner in which it raises, employs and disburses its funds. Financial Management means procurement of finance and its optimum utilization. It consists of determining the financial needs of an enterprises and meeting them most economically. Additions to these following topics will be discussed:- (a) Meaning, definitions and objects of Financial Management. (b) Finance Functions. (c) Financial Planning: Meaning, definitions, importance and objects. (d) Capital Structure: Meaning, features and factors affecting. (e) Capitalization: Meaning, features and Over & under capitalization. (f) Fixed Capital: Meaning, features and factors affecting. Capital Budgeting. (g) Working Capital: Meaning, features, types and factors affecting. (h) Operating Cycle and Working Capital. CD s or Teach next about the Financial Management Meaning, definitions and objects. Finance Functions. Financial Planning: Meaning, definitions, importance and objects. Capital Structure: Meaning, features and factors affecting. Capitalization: Meaning, features and Over & under capitalization. Fixed Capital: Meaning, features and factors affecting. Capital Budgeting. Working Capital: Meaning, features, types and factors affecting. Operating Cycle and Working Capital. (Teacher Student Activities) A. Warm up Session: Business Finance can be broadly defined as the activity concerned with the planning, raising, administering and controlling the funds used in the business. In other words, it is that activity of business which deals with the problem of funds of the business. No business firm can carry on its operations smoothly and successfully without the availability of right amount of funds at the right time. It is the master key which provides access to all the resources to be employed in manufacturing and merchandising. The success of business enterprises

25 depends, to a great extent, on the manner in which it raises, employs and disburses its funds. Financial Management means procurement of finance and its optimum utilization. It consists of determining the financial needs of an enterprises and meeting them most economically. The main objectives of the financial management are to formulate effective policy regarding procurement, investment, financing of funds and dividend. Profit maximization and wealth maximization are broadly categorized as the two vital important objectives of the business enterprise. B. Student learning Activities: Lecture on the following topics Meaning, definitions and objects of Financial Management. Finance Functions. Financial Planning: Meaning, definitions, importance and objects. Capital Structure: Meaning & features. Capitalization: Meaning & features. Fixed Capital: Meaning & features. Working Capital: Meaning & features. Discussion of factors affecting Capital Structure. Types and factors affecting Working Capital. Factors affecting & Capital Budgeting of Fixed Capital. Demonstration of Operating Cycle & Working Capital and over & under capitalization. Expected outcome Assessment Children will be able to Know Meaning, definitions and objects of Financial Management. Finance Functions. Financial Planning: Meaning, definitions, importance and objects. Capital Structure: Meaning, features and factors affecting. Capitalization: Meaning, features and Over & under capitalization. Fixed Capital: Meaning, features and factors affecting. Capital Budgeting. Working Capital: Meaning, features, types and factors affecting. Operating Cycle and Working Capital. (Test questions and extra question) Theoretical questions based on: - Meaning, definitions and objects of Financial Management. Finance Functions. Financial Planning: Meaning, definitions, importance and objects. Capital Structure: Meaning & features. Capitalization: Meaning & features. Fixed Capital: Meaning & features. Working Capital: Meaning & features. Application oriented based on: - Factors affecting Capital Structure. Types and factors affecting Working Capital. Factors affecting & Capital Budgeting of Fixed Capital. Operating Cycle & Working Capital and over & under capitalization.

26 AIR FORCE SCHOOL HASIMARA Lesson Plan Board: CBSE Class: XII Comm Subject: Business Studies Chapter Name: Capital / Financial Market Prerequisite Knowledge: Objectives Children must know about the term Finance means money or funds. Finance needed by the business is called Business Finance. It can be broadly defined as the activity concerned with the planning, raising, administering and controlling the funds used in the business. Financial market means a market that creates and exchanges financial assets like shares, debentures, etc. When a company issues shares, debentures, etc., it is called creation of financial assets and their salepurchase in the market is called exchange. Thus, financial market is not restricted to any place rather it signifies transactions in financial assets like purchase and sale of securities. Children will be able to understand:- (a) Meaning, and functions of financial market. (b) Money market and its instruments. (c) Capital market and its types. (d) Difference between: Primary market Vs Secondary market and Capital market Vs Money market. (e) Meaning, features and functions of stock exchange.

27 Short description of lesson Audio Visual Aids Procedure (f) All India level stock exchanges National stock exchange of India (NSEI). (g) Over the counter exchange of India (OTCEI). Financial market means a market that creates and exchanges financial assets like shares, debentures, etc. When a company issues shares, debentures, etc., it is called creation of financial assets and their salepurchase in the market is called exchange. Thus, financial market is not restricted to any place rather it signifies transactions in financial assets like purchase and sale of securities. Financial market is the market which directs the flow of funds into investments and serves as an important link in the savings and investment process. The investors are called surplus units and business enterprises are called deficit units. Thus, financial market acts as an intermediary between borrowers and lenders. Additions to these following topics will be discussed:- (a) Meaning, and functions of financial market. (b) Money market and its instruments. (c) Capital market and its types. (d) Difference between : Primary market Vs Secondary market and Capital market Vs Money market. (e) Meaning, features and functions of stock exchange. (f) All India level stock exchanges National stock exchange of India (NSEI). (g) Over the counter exchange of India (OTCEI). CD s or Teach next about the Financial Market Meaning, and functions. Money market and its instruments. Capital market and its types. Difference between: Primary market Vs Secondary market and Capital market Vs Money market. Meaning, features and functions of stock exchange. All India level stock exchanges National stock exchange of India (NSEI). Over the counter exchange of India (OTCEI). (Teacher Student Activities) A. Warm up Session: Business Finance can be broadly defined as the activity concerned with the planning, raising, administering and controlling the funds used in the business. Financial market means a market that creates and exchanges financial assets like shares, debentures, etc. When a company issues shares, debentures, etc., it is called creation of financial assets and their sale-purchase in the market is called exchange. Thus, financial market is not restricted to any place rather it signifies transactions in financial assets like purchase and sale of securities. Financial market is the market which directs the flow of funds into investments and serves as an important link in the

28 savings and investment process. The investors are called surplus units and business enterprises are called deficit units. Thus, financial market acts as an intermediary between borrowers and lenders. Expected outcome Assessment B. Student learning Activities: Lecture on the following topics Meaning, and functions of financial market. Money market and its instruments. Capital market and its types. Meaning, features and functions of stock exchange. Discussion of All India level stock exchanges National stock exchange of India (NSEI). Over the counter exchange of India (OTCEI). Demonstration of difference between : Primary market Vs Secondary market and Capital market Vs Money market. Children will be able to Know Meaning, and functions of financial market. Money market and its instruments. Capital market and its types. Difference between: Primary market Vs Secondary market and Capital market Vs Money market. Meaning, features and functions of stock exchange. All India level stock exchanges National stock exchange of India (NSEI). Over the counter exchange of India (OTCEI). (Test questions and extra question) Theoretical questions based on: - Meaning, and functions of financial market. Money market and its instruments. Capital market and its types. Meaning, features and functions of stock exchange. Application oriented based on: - All India level stock exchanges National stock exchange of India (NSEI).Over the counter exchange of India (OTCEI). Difference between: Primary market Vs Secondary market and Capital market Vs Money market.