NCERT Solutions for Class 12 – Business Studies
Businesses are the backbone of an economy. The day-to-day functioning of life is influenced by countless business decisions that need to be correct and sound. These entities affect not only the economy, but also individual earnings, livelihoods, and personal endeavors. As a result, knowing about the ins and outs of how a business functions smoothly and what goes into creating a successful empire is vital.
For all students of Business Studies, NCERT solutions are available in an easy-to-download format. The Class 12 version is an advanced level of the NCERT solutions class 11 with all concepts explained in greater detail. The language used is simple to help students easily understand it. Successful preparation begins with studying smart, not hard!
Class 12 Business Studies NCERT Textbook Solutions – FREE Download
Because Class 12 is considered an important year for students, it brings with it a great deal of anxiety and pressure. This class is believed to decide not just the college admissions in the future but also a student’s career. As a result, students are advised to pay full attention to all of their subjects in order to score a good overall mark in their Board examinations.
However, the truth is that this process can be a challenging one, demanding that students study smart and not just hard. Though regular and consistent efforts are absolutely necessary, the truth is that with so many subjects to cover, studying smart is the only way to guarantee good marks in the examination. The key to studying smart is to know what to study and how exactly to study it so as to score well.
This is why solution booklets are often recommended. While it is true that you can simply be thorough with your classroom textbooks, it always pays well to walk that extra mile and ensure you have a strong grasp of the concepts that you have studied. This is possible through the regular practice of NCERT solutions for Class 12 Business Studies. This comprehensive guide includes questions and answers explained in a detailed manner, as well as practice questions at the end to help you assess your knowledge and performance.
These papers are put together by experts in the field and include some of the most commonly asked questions during Business Studies examinations as well as solutions to the same. There are relevant examples given to help you grasp each concept better. When you study for your Board examinations using this solution booklet, you will be equipped to solve any mock paper that comes your way.
Chapter-Wise NCERT Solutions for Class 12 Business Studies
The conventional classroom textbook for CBSE Class 12 Business Studies consists of 12 chapters, each dealing with a unique aspect of the subject. Extramarks’ helpful NCERT solutions for class 12 Business Studies booklet is divided into these 13 chapters, where each is explained in great detail with relevant examples.
To have access to it, all you need to do is easily download the same from the website. Once done, simply open it and start studying. Given below are the links to download NCERT solutions for the 12 chapters
NCERT Solutions Business Studies Class 12
Students can find NCERT solutions for Class 12 Business Studies online on Extramarks. These files are easy to download and are free of cost. Students should download these files and put them to good use. They can use them to assess their knowledge in the different chapters. The entire syllabus is covered in these NCERT solutions and can help you be thoroughly prepared for your Board examinations.
It is perfectly normal and common to feel overwhelmed by the syllabus or examination pressure. Class 12 is considered a crucial time in a student’s life, mainly because it is the deciding point for one’s career. However, the good news is that students can easily ace this examination when they study smart using NCERT solutions of Class 12 Business Studies by Extramarks. These solutions are designed by subject matter experts and cover all the important topics in simple language and with relevant real-life scenario-based examples.
NCERT Solutions Business Studies Class 12 Explanation
The term ‘Business Studies’ is an umbrella term for a number of important concepts for everyday life. We come across this term frequently because business is a part-and-parcel of everyday life. While some of us are able to understand and apply the concepts of business to everyday life quite well, there are others who struggle to do so. They need to learn business concepts from scratch. Nonetheless, it is always better to learn about a subject in a systematic manner.
This is because business is not simply transactional. Understanding merely the concepts of buying and selling is not enough. One must also possess an understanding of people, expenditure, work, savings, investments, leisure, and travel. Business significantly affects our personal growth and livelihoods. To understand such a core concept of life itself, you need comprehensive and top-quality study materials.
Extramarks brings to you the NCERT solutions of Class 12 Business Studies compiled by subject matter experts for a thorough understanding of business and all that it entails. From learning about the business environment to the various planning phases and the types of operations that take place, a number of crucial topics are covered. Each is also explained using relevant real-world examples for better grasp and understanding. These NCERT solutions will do more than help you score good marks; they will enable you to tackle the business affairs of your life well.
NCERT Solutions of Class 12 Business Studies Overview
Chapter 1 – Nature and Significance of Management
In this chapter, you will learn about the definition and basics of business management along with the different concepts with special attention given to the traditional and modern concepts.
Chapter 2 – Principles of Management
This chapter thoroughly covers the various principles that business management follows. Each principle is explained with the help of real-world examples.
Chapter 3 – Business Environment
This is an interesting chapter explaining how a business environment is like and how everything within it operates. You will also learn about the characteristics of the business environment in this chapter.
Chapter 4 – Planning
This chapter defines business planning as defined by Fayol and then goes on to talk about the importance and features of planning.
Chapter 5 – Organising
This chapter talks about the structure of an organisation as well as the meaning, importance, and process of organising for business success.
Chapter 6 – Staffing
This chapter covers the definition of staffing as well as its importance. Even Human Resources (HR) is discussed, making it an interesting chapter.
Chapter 7 – Directing
In this chapter, not only are the meaning and characteristics of direction covered, but also the process as well as its various principles.
Chapter 8 – Controlling
Touching upon the topic of deviation as well, this chapter mainly discusses the connection between business planning and controlling.
Chapter 9 – Finance and Management
Covering the roles and objectives of financial management, this chapter mainly speaks about financial management.
Chapter 10 – Financial Market
This chapter offers much in terms of financial value. It covers sub-topics such as classifications and functions of financial markets as well as stock markets, floatation, etc.
Chapter 11 – Marketing Management
This chapter mainly defines and talks about concepts such as consumer, buying, selling, marketing, etc.
Chapter 12 – Consumer Protection
In this chapter, you will learn about the definition and meaning of consumer, the importance of consumer protection, and how and through whom the consumer can file a case against. This chapter also covers different kinds of consumer rights.
Benefits of NCERT Solutions for Class 12 Business Studies
- The NCERT solutions cover very important questions that may be asked during Board examinations.
- Each chapter and concept is explained in a comprehensive manner using real-world examples for ease of understanding.
- These solutions also include questions and quizzes at the end to help with revision and assessing one’s progress and knowledge.
- The language is simple and easy-to-understand to enable a quick grasp of the concepts being discussed.
- Regular and consistent practice can help students score well and make the most of their everyday business affairs.
FAQs (Frequently Asked Questions)
1. How many chapters are covered in the NCERT Solutions for Class 12 Business Studies?
A total of 12 chapters are covered in the NCERT solutions for Class 12 Business Studies.
2. What is the best way to study the NCERT solutions?
The best way to use the NCERT Solutions to study is to first go through each chapter thoroughly and familiarise yourself with it. Once that is done, you can start practicing the questions at the end and answering quizzes, which should help you score good marks in your examination.
3. Ideally, when should I begin with self-assessment?
Self-assessment should begin once you’re done with thoroughly studying, practising, and even revising the syllabus. This is because only then will you be able to answer all the questions and even time yourself to see if you possess the necessary time management skills.
4. What are some tips for scoring well in CBSE Class 12 examinations?
Some ways in which you can guarantee yourself good marks in your CBSE Class 12 examinations are by studying well in advance, creating a timetable and dedicating enough time to each subject, revising each topic and concept thoroughly, taking regular mock tests through sample papers, and revising your examination paper once done.
5. How many books are there for the CBSE Class 12 Business Studies examination?
As per the CBSE Board, there are two recommended books for Class 12 Business Studies paper. In total, the two books cover 12 chapters, all of which are covered in the NCERT solutions of Class 12 Business Studies.