BSEH SS Business Studies study guide
BSEH SS Business Studies · Work through your exam, one topic at a time.
The BSEH Senior Secondary Business Studies examination is the Class XII business studies paper set by the Board of School Education Haryana for students completing higher secondary schooling under that board. It is taken by Haryana board candidates who need the subject for their Class XII certificate and often as a foundation for commerce degrees such as B.Com, BBA or CA/CS entrance routes. The BSEH SS Business Studies study guide has 10 sections and about 2,547 words.
01Nature and Significance of Management
Management is the process of getting work done through others to achieve organisational goals efficiently and effectively. This domain tests definitions, characteristics, objectives, levels, functions, coordination and the science–art–profession debate.
264 words, about 1 min02Principles of Management
Fayol and Taylor dominate this domain. The exam tests the 14 Fayol principles, Taylor’s scientific management, and the distinction between the two.
282 words, about 1 min03Business Environment
Business environment means the sum of external forces, institutions and factors that affect business decisions but lie outside the firm’s direct control. The exam tests features, dimensions, importance and the specific/general environment distinction.
235 words, about 1 min04Planning
Planning is deciding in advance what to do, how to do it, when to do it and who will do it. The exam tests features, the planning process, types of plans and limitations.
250 words, about 1 min05Organising
Organising is the process of defining and grouping activities, assigning duties, delegating authority and coordinating work to implement plans. The exam tests structure, delegation, centralisation and decentralisation.
261 words, about 1 min06Staffing
Staffing means filling and keeping filled positions with people who have the right qualifications. The exam tests the staffing process, recruitment versus selection, and training versus development.
240 words, about 1 min07Directing
Directing means instructing, guiding, motivating, leading and supervising people to work toward organisational goals. The exam tests the elements of directing, motivation theories, leadership styles and communication.
231 words, about 1 min08Controlling
Controlling means ensuring that actual performance matches planned standards and correcting significant deviations. The exam tests the control process, types of control, critical point control and management by exception.
246 words, about 1 min09Financial Management
Financial management deals with planning, raising and using funds to maximise owner wealth while managing risk. The exam tests objectives, financial decisions, capital structure, working capital and cost of capital.
252 words, about 1 min10Financial Markets
Financial markets channel savings from surplus units to deficit units and provide liquidity and price discovery. The exam tests money versus capital markets, primary versus secondary markets, stock exchange functions and SEBI’s role.
286 words, about 1 min