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Business Studies Supplementary Reader

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Business Studies Supplementary Reader
CLASS XII

Supplementary
Reading Material in Business Studies
EFFECTIVE FOR BOARD
EXAMINATION – 2013

CENTRAL BOARD OF SECONDARY EDUCATION
Preet Vihar, Delhi - 110092

UNIT: PLANNING
PLAN
A plan is a specific action proposed to help the organization achieve its objectives. It is a document that outlines how goals are going to be met. The importance of developing
Plans is evident from the fact that there may be more than one means of reaching a particular goal. So with the help of logical plans, objectives of an organization could be achieved easily.

SINGLE USE PLANS
Single use plans apply to activities that do not recur or repeat. Single use plan is one time plan specifically designed to achieve particular goal that, once achieved will not recur in the future. Such Plan is developed to meet the needs of a unique situation. The length of a singleuse plan differs greatly depending on the project in question, as a single event plan may only last one day while a single project may last weeks or months.

STANDING PLANS – KNOWN AS REPEAT USE PLANS
Standing plans are used over and over again because they focus on organizational situations that occur repeatedly. They are usually made once and retain their value over a period of years while undergoing revisions and updates. That is why they are also called repeated use plans.

OBJECTIVES, STRATEGY, POLICY, PROCEDURE, METHOD, RULE,
BUDGET AND PROGRAMME (Please look up NCERT book for them)

1

UNIT: STAFFING
INDUCTION TRAINING
Induction training is a type of training given to help a new employee in settling down quickly into the job by becoming familiar with the people, the surroundings, the job and the business. The duration of such type of training may be from a few hours to a few days. UNIT: DIRECTING
STYLES OF LEADERSHIP
Leadership styles refer to a leader‟s behaviour. Behavioural pattern which the leader reflects in his role as a leader is often described as the style of

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