JKBOSE Class 12th Business Stadies Notes
JKBOSE Class 12th Business Stadies Study material Notes
Download All Unitwise Notes of JKBOSE Class 12th Business Studies
- Planning: The process of setting objectives and determining the course of action to achieve them.
- Organizing: Arranging and structuring resources and activities to achieve the organizations goals.
- Staffing: Acquiring and retaining the right people for the right positions in the organization.
- Directing: Guiding and leading employees to achieve organizational objectives.
- Controlling: Monitoring progress, comparing actual performance to planned performance and taking corrective actions as needed.
- Coordination: Ensuring that different activities and individuals work together harmoniously to achieve organizational goals.
- Decision-making: Analyzing information and making choices that will benefit the organization.
- Delegation: Assigning authority and responsibility to subordinates to carry out specific tasks.
- Communication: Transmitting information and ideas within the organization.
- Motivation: Inspiring and encouraging employees to perform at their best.
- Leadership: Providing vision, guidance and inspiration to employees.
- Problem-solving: Identifying and resolving issues that hinder the achievement of organizational goals.
- Adaptability: Being flexible and responsive to changes in the internal and external environment.
- Innovation: Encouraging and fostering creativity and new ideas within the organization.
- Efficiency: Maximizing the use of resources to achieve desired outcomes.
- Effectiveness: Accomplishing organizational goals and objectives efficiently.
- Ethics: Upholding moral and ethical standards in decision making and actions.
- Time management: Prioritizing tasks and utilizing time effectively to meet deadlines.
- Risk management: Identifying and mitigating potential risks that may impact organizational success.
- Continuous improvement: Seeking ways to enhance processes, products and performance over time.
- Cash flow: The movement of money into and out of a business that indicating its ability to meet financial obligations.
- Financial statement analysis: Evaluating a companys financial statements to assess its financial performance, stability and profitability.
- Cost of capital: The average rate of return a company must earn on its investments to maintain or increase its value.
- Capital budgeting: The process of analyzing and selecting long-term investment projects that align with a companys strategic goals.
- Risk management: Identifying, assessing, and mitigating potential risks that may impact a companys financial well-being.
- Market segmentation: Dividing a broad target market into smaller and distinct groups based on shared characteristics or needs.
- Branding: Creating a unique and recognizable identity for a product or company to differentiate it from competitors.
- Marketing mix: The combination of product, price, place and promotion strategies used to market and sell a product or service.
- Market research: Gathering and analyzing data about consumers, competitors and market trends to make informed marketing decisions.
JKBOSE Class 12th All Subject Notes
FAQs on JKBOSE Class 12th Business Studies Subject
FAQ: What is cash flow and why is it important for a business?
Answer: Cash flow refers to the movement of money into and out of a business. It is important for a business because it indicates its ability to meet financial obligations, pay bills, invest in growth and handle unexpected expenses.
FAQ: How does market segmentation help in marketing?
Answer: Market segmentation helps in marketing by dividing a broad target market into smaller and distinct groups based on shared characteristics or needs. This allows marketers to tailor their strategies and messages to specific customer segments that increasing the effectiveness of their marketing efforts.
FAQ: What is the marketing mix and why is it important?
Answer: The marketing mix refers to the combination of product, price, place and promotion strategies used to market and sell a product or service. It is important because it helps businesses create a comprehensive and integrated marketing strategy that addresses all aspects of their offering and effectively reaches their target customers.
FAQ: What is financial statement analysis and why is it useful for businesses?
Answer: Financial statement analysis involves evaluating a companys financial statements to assess its financial performance, stability and profitability. It is useful for businesses because it provides valuable insights into their financial health, identifies areas of improvement, helps in decision-making and assists in communicating their financial position to stakeholders such as investors, lenders and shareholders.
FAQ: What is risk management and why is it important in business finance?
Answer: Risk management involves identifying, assessing and mitigating potential risks that may impact a company's financial well-being. It is important in business finance because it helps businesses proactively identify and address risks, minimize financial losses, protect assets and ensure the long-term sustainability and success of the organization.