Knowledge in Class 12 business studies notes

Principles of management

These are notes of very important and scoring chapter of class 12 business studies, principals of management chapter.

Different Types of plans

This contains the Different types and subtypes of plans. This is relevant for class 12 CBSE board.

Controlling

Controlling is the process of comparing the actual performance with the standards set by company to ensure all the activities are happening according to the plan and if any deviations are found , then corrective action needs to be taken.

Nature and significance of management

Management is defined as the process of planning, organising and controlling an organisation's operations in order to achieve the target efficiently and effectively. It is essential for all organisations.