NCERT Business Studies – I Textbook for Class XII

NCERT Business Studies – I Textbook for Class XII

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Therefore, content enrichment in the form of business news and abstracts of articles from business journals and magazines has been given as inset material boxes . This will encourage students to be observant about all business activity and discover what is happening in business organisations with the expectation that they will update their knowledge through the use of libraries, newspapers, business oriented TV programmes and the internet. Various types of questions are given and case problems have been introduced to test the application of subject knowledge to realistic business situations.
ACKNOWLEDGEMENTS The National Council of Educational Research and Training acknowledges the valuable contributions of the following persons in preparing exercises, activities and projects for the textbook Seema Srivastava, Lecturer, Inservice Department, DIET, Moti Bagh, New Delhi Rajni Rawal, Vice Principal, Rajkiya Pratibha Vikas Vidyalaya, Paschim Vihar, Delhi Shruti Bodh Aggarwal, Vice Principal, Rajkiya Pratibha Vikas Vidyalaya, Kishanganj, Delhi Manju Chawla, PGT Commerce, Rajkiya Pratibha Vikas Vidyalaya, Surajmal Vihar, Delhi Shivani Nagrath, PGT Commerce, Summer Fields School, Kailash Colony, New Delhi. Special thanks are due to Savita Sinha, Professor and Head, Department of Education in Social Sciences and Humanities, NCERT for her support and guidance, during the development of this book. The Council acknowledges the efforts of Computer Incharge, Dinesh Kumar DTP Operator, Uttam Kumar, Archana Gupta and Sr. Proof Reader, NCERT, Rishi Pal Singh.
2015-16 21 01 2015
CONTENTS FOREWORD
iii
CHAPTER 1
NATURE AND SIGNIFICANCE OF MANAGEMENT
1
CHAPTER 2
PRINCIPLES OF MANAGEMENT
31
CHAPTER 3
BUSINESS ENVIRONMENT