Topics
Principles of Management
- Concept of Management Principles
- Nature of Management Principles
- Significance of Management Principles
- Theories of Management
- Henry Fayol's Administrative Theory of Management
- Taylor's Scientific Management Theory
- Emerging Trends in Management
Functions of Management
- Functions of Management
- Planning
- Organising
- Staffing
- Directing
- Co-ordinating
- Controlling
- Comparative Study of Management Functions
Entrepreneurship Development
- Concept of Entrepreneur
- Entrepreneurship Development
- Process of Entrepreneurship Development
- Recent Initiatives in Entrepreneurship Development
- Start up India
- Stand-up India
- Agro Tourism (Rural Tourism)
- Women Entrepreneurship Platform (WEP)
- Concept of Intrapreneurs
- Employees' Contribution to Innovation
Business Services
- Concept of Service
- Business Services
- Types of Business Services
- Banking
- Banking > Functions of Commercial Bank
- Types of Insurance
- Insurance
- Transport
- Modes of Transport
- Types of Transport > Roadways
- Types of Transport > Railways
- Air Transport
- Communication
- Warehousing
- Types of Communication
- Postal Service
- Modern Means of Communication
- Comparative Study of Business Services
- Comparative Study of Business Services
Emerging Modes of Business
- Concept of E-business
- Online Transactions
- Buying and Selling Process
- Concept of Outsourcing
- Forms of Outsourcing
- Business Process Outsourcing (BPO)
- Knowledge Process Outsourcing (KPO)
- Legal Process Outsourcing (LPO)
- Comparative Study of E-Business
Social Responsibilities of Business
- Concept of Social Responsibility
- Responsibilities Towards Different Interest Groups
- Social Responsibility Towards Protection of Environment
- Business Ethics
- Corporate Social Responsibility
Consumer Protection
Marketing
- Concept of Marketing
- Concept of Market
- Types of Market
- Importance of Marketing
- Functions of Marketing
- Concept of Marketing Mix
Estimated time: 7 minutes
CBSE: Class 12
Meaning
- Planning means deciding in advance what to do and how to do it.
- It bridges the gap between where the organisation is and where it wants to go.
- It involves setting objectives for a given time period and choosing the best course of action to achieve them.
- It is a rational approach to achieving predetermined organisational goals within a specified time frame.
- Planning is linked to creativity and innovation.
CBSE: Class 12
Key Elements of Planning
- Setting objectives for a time period.
- Formulating alternative courses of action.
- Selecting the best alternative from among those formulated.
- Providing direction to the organisation.
CBSE: Class 12
Key Points: Planning
- Planning = deciding in advance what to do and how to do it.
- It bridges the gap between the current position and desired position of an organisation.
- Planning involves setting objectives, identifying alternatives, and selecting the best one.
- It is a rational and systematic approach to goal achievement.
- Creativity and innovation are integral to planning.
- Time is limited - planning must be time-bound.
- A plan has no value unless it is properly implemented.
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Related QuestionsVIEW ALL [19]
Match the pairs.
| Group 'A' | Group 'B' |
| A) Planning | 1. It is the process of instructing, guiding, communicating, and motivating. |
| B) Organizing | 2. It is an integration and synchronization of the efforts of the group. |
| C) Staffing | 3. Deciding in advance what to do, how to do, when to do, and who is to do it. |
| D) Directing | 4. Management is what the manager does. |
| E) Coordinating | 5. To focus on the role of the manager. |
| 6. Decides the ways and means to achieve what has been planned | |
| 7. It is the process of comparing the actual performance with the predetermined standard performance. | |
| 8. It is a set of principles. | |
| 9. It is the process of recruiting, selecting, placing, and remunerating. | |
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10. To manage is to forecast and plan. |
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11. Principle of management |
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12. To focus on the role of an employee |
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13. General instructions from subordinate to superior |
