CONFUSING TOPICS IN BUSINESS STUDIES
To view full lecture click on Start Learning Now.

CONFUSING TOPICS IN BUSINESS STUDIES

Business Studies For XII

Free
Validity: 120 days
Instructed by VG Learning Destination
Published    16-Mar-2017      Bilingual

As per the syllabus, you have to study the following topics:

  1. Nature and Significance of Management
  2. Principle of Management
  3. Business Environment
  4. Planning
  5. Organising
  6. Staffing
  7. Directing
  8. Controlling
  9. Financial Management
  10. Financial Markets
  11. Marketing Management
  12. Consumer Protection

Section 1: Confusing Topics in Business Studies (Business Studies paper is considered to be highest scoring subject. For all those students who are nervous about the exam and the topics that confuses, Don't miss these tips by Rajesh Kr Mahajan.)
Lecture 1 Confusing Topics in Business Studies (In this video we will discuss which are felt confusing. Moreover we will provide you ideas on bridging the gap between 95% to 100%. Following are the topics from the syllabus.
  1. Nature of Management: Management as an art as well as Science. Management is a full-fledged. Management is impure/ inaccurate/ inexact Science.
  2. Principles of Management: Principles of Order, Discipline, Authority and Responsibility. Equity Vs Remuneration. Unity of command Vs Unity of Direction, Centralisation Vs Decentralisation and initiative Vs Team Spirit, Equity to be differentiated from Equality, If principle of management is asked , you may write either of Fayol’s and Taylor’s applicable principle. Principles of management are flexible and contingent( Flexibility refers to full or partial use or no use of certain principle)
  3. Managerial Response: A new topic added from 2016 examination. Emphasis on understanding Political, Economics  and social environment . Apply cause and effect relationship to attempt such questions. Cause is the appropriate answer.
  4. Types of Plan: Especially objectives, strategy, policy and programme(Objective and strategy do not come under either of Single use plan or Standing Plan). Planning leads to rigidity and planning reduces creativity.
  5. Identification of Appropriate Organisational Structure: Normally for single line of product. Functional structure and for multiple line of products, divisional is suitable but if two different production unit are required for single line of production, appropriate answer would be divisional. FMCG( Fast Moving Consumer Goods) may deal in single line of product or multiple lines of product 

)
00:29:02

VG Learning Destination

Phone: 85********20 Email: mai********@vinodguptaclasses.com
Address: VG Learning Destination 4E/10, Jhandewalan Extn., Behind Post Office, Near Videocon Tower, New Delhi - 110055 India Institute:

About Us

Qualified Chartered Accountancy in November 1986 with rank in the C.A. Intermediate and C.A. Final Examination. Awarded prize for the best paper on Taxation in C.A. Final Examination. Has authored around 100 articles on taxation in various journals and newspapers including Taxman, Current Tax Reporter, Chartered Accountant, Economic Times and Financial Express. Has presented papers on Taxation in various seminars of the Institute and also in the seminar organised by the ITAT Bar Association. He has been the Secretary to the Fiscal Laws Committee of The Institute of Chartered Accountants of India for 8 years. Currently teaching CA Final students in Northern India. Having vast experience of teaching Direct tax, faculty at New Delhi for last 18 years and also a visiting faculty at WIRC of ICAI. Practicing in the field of Direct Taxes. Working as Tax Consultant to leading Nationalized Banks, Multinational Companies and Indian Companies. Worked as Senior Technical Officer for in the Institute of Chartered Accountants of India. Technical Directorate, New Delhi. Assisted the Expert Advisory Committee in formulating opinions on problems relating to tax of members and industry. Rendered services for the Taxation Committee and Research Committee of the Institute. Also, drafted the Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, Guidance Note on Sections 80HHB and 80HHC of the Income-tax Act and other Guidance Notes.


Qualification

Vinod Gupta qualified CA with rank in C.A. Intermediate and C.A. Final examination in 1986. He has been awarded for the best paper on Taxation in C.A. Final Examination. He has authored around 150 articles on taxation in various journals and newspapers including Taxman, Current Tax Reporter, Chartered Accountant, Economic Times and Financial Express.


Biography

25 Years

Courses taught by VG Learning Destination