Financial Market - CBSE Notes for Class 12 Business Studies 1. Financial Market Financial market is a link between surplus and deficit units or in other words, financial market brings together lenders and borrowers. 2. Functions of Financial Markets (i) Mobilisation of savings and channelising them into most productive use (ii) Facilitates price discovery (iii) Provides … [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...]
Financial Management – CBSE Notes for Class 12 Business Studies
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...]
Marketing – CBSE Notes for Class 12 Business Studies
Marketing - CBSE Notes for Class 12 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies 1. Market It refers to the ‘set of potential and actual buyers of a product or service’. 2. Customer It refers to the people or organisations that seek satisfaction of their needs and wants. 3. Marketer or Seller The marketer can be a person or … [Read more...]
Controlling – CBSE Notes for Class 12 Business Studies
Controlling - CBSE Notes for Class 12 Business Studies 1. Controlling It can be defined as comparison of actual performance with the planned performance. According to Ricky W Griffin, “Controlling function leads to goal achievement, an organisation without effective control is not likely to reach its goals.” 2. Importance of Controlling (i) Helps in achieving … [Read more...]