Business studies is nothing but study of organisation of commerce. To understand the framework in which a business operates, you need to know about the organisation and management of business processes and its interaction with the environment is required. In simple terms, Business Studies’ examination tests your conceptual understanding of businesses and all the aspects it is surrounded with.
Business studies, as a subject, provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces.
So, it is a vast area and some good preparation is required in order to understand the complete syllabus of Business studies.
Includes 107 docs, 57 videos & 24 tests
Here are few guiding tips to help you with the preparation of Business studies:
1. Strong Conceptual knowledge:
The initial step in the preparation of Business studies is to read and learn the very basics of the subject. Read all the chapters from NCERT Textbooks for Business Studies and understand the various definitions, terminologies and their meanings from NCERT Solutions for Business studies. This way you will build a good base for further learning. A tip to learn these concepts is making flash cards. While going through your topics, note down all the points and the keywords associated with each chapter on a flash card (or a normal paper). These flashcards can be taken anywhere and its becomes easy to revise anywhere and anytime.
NCERT Textbooks and solutions for Business studies
Chapter 1 - Nature and Significance of Management
Chapter 2 - Principles of Management
Chapter 3 - Business Environment
Chapter 4 - Planning
Chapter 5 - Organising
Chapter 6 - Staffing
Chapter 7 - Directing
Chapter 8 - Controlling
Chapter 9 - Financial Management
Chapter 10 - Financial Market
Chapter 11 - Marketing Management
Chapter 12 - Consumer Protection
2. Strategize your learning:
Business studies is all about practical understanding. You should be able to relate what you learn with examples from around you. Find out appropriate examples for each business concept. This technique of learning provides you with an added advantage and an edge over the others, thus making your answer appear more realistic and worthy of practical application. Also, make a habit of writing notes of whatever you study. Include diagrams, flow charts and tables in your notes. Map your understanding into mind-maps or flowcharts using simple words to easily connect the dots. This way you will learn faster and also you will be able to write good answers in your exam.
3. Read Case studies:
To tackle questions that deal with higher order skills, read as many case studies as possible, and start analyzing topics. CBSE exams do include questions that test your higher order thinking skills that is questions are asked based on practical applications of the concepts. So, you should know the practical side of every topic. For this, focus on the case studies and you will be able to attempt such questions with ease.
4. Revision is the key:
On completing the entire syllabus of Business studies, start with the revision. Revision is very very important as it helps you retain the concepts in your mind for a longer period of time. Start revising from all the notes you prepared, practice registers and formula sheets made by you while studying. You must dedicate a good amount of time to revision. Allocate revision time to every chapter in the study schedule.
5. Test your knowledge with Previous Years Papers and Sample papers:
Practice is a crucial step in the preparation. Attempting previous year question papers helps because they give an idea about the paper pattern, the time pressure to be worked under, the marking scheme and the expectations from the answers that one must write. You will learn time management while practicing Past years papers of Business studies.
Finally, evaluate yourself with sample papers. Sample papers will keep you updated with any changes in the question paper format and other changes.