CHSE Odisha Elective BSM study plan

Define management and distinguish it from administration and from mere ownership, writing your own one-paragraph definition

List and explain the five functions of management (planning, organising, staffing, directing, controlling) and give one Odisha or Indian business example for each

State and explain Fayol's 14 principles of management in your own words, flagging the three you find hardest to apply

Explain the nature and scope of business, distinguishing business from profession, employment and charity

Map the objectives of business into economic and social categories with two examples each

Compare the contributions of Taylor (scientific management) and Fayol (administrative management) in a two-column table of at least six points

Describe the levels of management and the skills (technical, human, conceptual) required at each level

Explain the steps in the organising process and distinguish formal from informal organisation

Differentiate delegation, decentralisation and centralisation with one workplace example each

Draw and label a simple organisation chart for a small manufacturing unit and identify the span of management at each level

Explain the staffing process step by step, from manpower planning to placement and induction

Distinguish recruitment from selection and list at least four internal and four external sources of recruitment

Describe the main forms of business organisation: sole proprietorship, partnership, joint Hindu family business, cooperative society, company and LLP

Compare these forms on liability, ownership, continuity, capital and legal formalities in a single table

Identify which form suits a small trading firm, a farmer cooperative and a large manufacturer, justifying each choice

Define planning and explain its features, importance and limitations

Distinguish strategic, tactical and operational plans with an example of each

Explain the steps in decision making and apply them to one real decision you have faced

Define coordination and explain why it is called the essence of management

Describe the control process (setting standards, measuring performance, comparing, corrective action) and relate it to planning

Explain the elements of directing: supervision, motivation, leadership and communication

Compare Maslow's hierarchy and Herzberg's two-factor theory and state one workplace implication of each

Distinguish autocratic, democratic and laissez-faire leadership styles, with a situation where each works best

Explain the communication process and list at least four barriers to effective communication with remedies

Revisit partnership and company forms to explain dissolution of partnership versus winding up of a company

Distinguish business finance from financial management and state the objectives of financial management

Explain the classification of capital into fixed and working capital and list the factors affecting working capital requirement

Describe the main sources of long-term and short-term finance available to an Indian business

Define marketing and distinguish it from selling, explaining the marketing mix (4 Ps) with an example

Explain the functions of marketing: product, pricing, promotion and physical distribution

Explain the components of the business environment: economic, social, political, legal and technological

Define entrepreneurship and list the qualities and functions of an entrepreneur

Explain business ethics and social responsibility with one Indian example of each

Revisit the nature and scope of business to connect environment and ethics back to business objectives

Explain the distinction between a manager and a leader and where the two overlap in directing

Revise the five management functions and Fayol's principles from your own notes without referring to the textbook

Re-attempt every question you logged as an error in week 4 and confirm each is now correct

Practise three full-length answer sets under strict time limits using the exam pattern

Self-mark against the marking scheme and record the two weakest domains for final review

Consolidate a single one-page revision sheet covering all ten domains