Business Studies as a subject has its own exclusive importance. It helps students understand how businesses are crucial for the economy. In fact, Business Studies and Economics as subjects are interrelated. Students wanting to set up their own businesses in the future generally opt for this subject. This subject serves students beyond academics and eventually grooms them to become successful entrepreneurs. Here, we bring the tips and tricks to excel in this subject in Board Exam of the Grade 12 Commerce stream. We wish you all the luck and best wishes for your upcoming CBSE Examination, Session 2022-23. Editor

FROM THE EXPERT’S DESK

“Exam is a life Skill, Learn it and Enjoy it!”

An individual’s success is backed by hard work and perseverance. While preparing for CBSE Board Business Studies Board Exam , Subject Code 054, scheduled on 25^th March’ 2023, one must read the concepts again and again, to reinforce it in HIS/HER mind. Business Studies is a subject where sometimes simple common sense can make up in case you forget a concept. Trust your ability to think sensibly and do not lose heart.

One of the key topics in the Commerce Stream, Business Studies Paper has applications in every aspect of daily life.  It is crucial that students completely comprehend this subject.

Business Studies question paper generally contains some easy, medium and a few hard questions. Students must clear their concepts to solve technical questions. Some numerical questions on capital structure are also asked.

Focus on Case studies and Key Concepts:

Focus on case studies should be given as it requires the application of your knowledge of the key concepts.

The Business Studies paper comprises of 80 Marks and 20 Marks are allocated to Project Work/Test/Viva which happens in the school itself before the exam start.

Theory: 80 Marks

Project: 20 Marks

TIPS FOR PREPARING BUSINESS STUDIES; SUBJECT CODE: 054

• Thoroughly read NCERT book multiple time. Make sure that you read each and every line.
• Revise the concepts, re-revise, re-re-revise.
• Make chapter wise notes comprising of key words and mind maps.
• Acronyms may be used to make learning easier. For e.g.: to learn elements of Promotion mix Acronyms: APPS (Advertising, Personal Selling, Public Relations, Sales Promotion); Elements of Branding Acronyms: BPL (Branding, packaging, and labelling)
• Practice case studies for all the chapters
• Solve previous year question papers and don’t forget to keep track of time.

Marks Distribution:

• Answers to the questions carrying 3 marks may be from 50 to 75 words.
• Answers to the questions carrying 4 marks may be about 150 words.
• Answers to the questions carrying 6 marks may be about 200 words.

Tips while writing exams:

1. During the reading time of 15 minutes, read the question paper carefully. Plan and organize your answers in your mind.
2. Read the questions thoroughly before answering.
3. In questions with words like ‘Enumerate’, ‘Elaborate’, ‘Explain’, ‘Outline’, ‘State’, or ‘List’, write explanation along with the points.
4. Internal choices will be given for 3,4 and 6 markers.
5. While writing answers try to use headers given in NCERT.
6. Give examples wherever possible. (Especially in questions of Authority and Responsibility, effectively and efficiently concepts, Differential piece wage system, Management by exception, critical point control, dimensions of business environment, Trading on Equity etc.)
7. In questions where process or steps are asked, use pointers to show the entire sequence and then elaborate the steps.
8. In questions like- “Coordination is the heart of management process”. Do you agree? (6 marks)

Start answer with your view, such as: Yes, I agree that Coordination is the heart of management process. The reasons are: (Write 6 points with explanation).

9. ‘Difference’, ‘Distinguish’, or ‘Differentiate’ questions should always be written in tabular form along with point of difference.
10. Give diagrammatical representation of answer wherever possible. Example: Functional foremanship, Scalar Chain, Communication Networks, Functional structure, Divisional structure, etc.
11. Presentation of answers should be perfectly done.

• Try to write answers in points rather than writing long paragraphs.
• Underline important parts and headings of answers using black pen.
• Do write question number clearly and strictly tallying with the question paper.
• Make Flow Charts: Don’t leave any question without making flow charts and diagrams.
• Adhere to the word limits: Comply to the word limit and avoid writing lengthy answers because CBSE marking scheme calls for concise and to-the point responses.

“If you can dream it, you can do it. May the success be with you always”

Wishing you all the luck for your bright future!

Some links for sample question papers are mentioned below:

https://www.careerindia.com/cbse-class-12-business-studies-sample-papers-2023-sqp1416.html

https://www.indiatoday.in/education-today/sample-papers/story/practice-this-class-12-business-studies-sample-paper-to-score-full-marks-in-cbse-board-exam-2023-2315729-2022-12-31

https://schools.aglasem.com/cbse-sample-papers-class-12-business-studies/

Author: Dr. Deeksha Mehra Kapoor, PGT Business Studies, MRIS Noida