Commerce

Class XII

DATE: 17/3/2020-CHAP 1

ON THE BASIS OF THE PREVIOUS CLASSES ANSWER THE FOLLOWING QUESTIONS

1. WHY BUSINESS ENVIRONMENT IS AN OPEN SYSTEM?(2) (INTERRELATIONSHIP TO BE EXPLAINED)

2. EXPLAIN ANY TWO IMPORTANCE OF BUSINESS ENVIRONMENT. (2+2) (FIRST MOVER ADVANTAGE TWO KEY WORDS WITH EXAMPLE AND EARLY WARNING SIGNALS 4 KEYWORDS.)

3. WHY MICRO ENVIRONMENT IS CALLED DIRECT SECTION ENVIRONMENT? (2) (ALL 8. KEYWORDS. REFER TO THE INTRODUCTORY PART OF MICRO ENVIRONMENT.

4. STATE ONE DIRECT AND INDIRECT COMPETITOR OF SAMSUNG (2)

DATE: 18/3/2020-CHAP 1

1.SOCIAL ENVIRONMENT PG 11

.FIRST LINE WILL BE THE DEFINITION

.FROM POINT A TO E WE WILL LEARN 4 SUBTOPICS

.FULL FORM OF DOINKIS

.CONSUMPTION PATTERN AND CHANGE IN LIFE STYLE

2. TECHNOLOGICAL ENVIRONMENT PG 12

.FIRST FOUR LINES DEFINITION

.FACTORS 6 POINTS

.SECOND AND THIRD LINE OF LAST PARAGRAPH

DATE: 19/3/2020-CHAP 1

1. POLITICAL ENVIRONMENT PG 12

.FIRST LINE DEFINITION

.COMPONENTS FROM A TO E

.FULL LINE YOU HAVE TO STUDY

2. LEGAL ENVIRONMENT

.FIRST TWO LINES DEFINITION

.COMPONENTS FROM A TO D

FULL LINE

LAST PARAGRAPH POINT E (MARKED PORTIONS)

DATE: 20/3/2020-CHAP 1

1.SWOT ANALYSIS PG 13

SWOT DEFINITION FIRST PARA

ACRONYM OF STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS.

2. STRENGTHS INHERENT CAPABILITY OF THE COMPANY TO GAIN STRATEGIC ADVANTAGE DEFINITION PLUS TWO EXAMPLES. SECOND PARA

3. WEAKNESSES INHERENT LIMITATION OR CONSTRAINT OF THE COMPANY WHICH

CREATES STRATEGIC DISADVANTAGE

DEFINITION PLUS TWO EXAPLES 3^RD PARA

4. OPPORTUNITY FAVOURABLE CONDITION IN COMPANY’S EXTERNAL ENVIRONMENT

TO STRENGTHEN ITS POSITION

DEFINITION PLUS TWO EXAPLES 4^TH PARA

5. THREAT UNFAVOURABLE CONDITION IN THE COPANY’S EXTENAL ENVIRONMENT

WHICH CAUSES A DAMAGE OR RISK TO ITS POSITION.

DATE: 21/3/2020-CHAP 1

IMPORTANCE OF SWOT

SWOT ANALYSIS OF HUL

STRENGTHS

HUGE FINANCIAL RESOURCES

STRONG BRAND PORTFOLIO

RESEARCH AND DEVELOPMENT

HIGH QUALITY OF MANPOWER

WEAKNESSES

UNWIELDY SKUS

COMPLEX SUPPLY CHAIN CONFIGURATION

DISPERSED LOCATION

INCREASED COSTS OF INPUTS

OPPORTUNITIES

GROWING CONSUMPTION'S

BRAND GROWTH

INCREASES PENETRATION AND FREQUENCY OF USAGE

EMERGING MODERN TRADES

THREATS

LOW PRICED COMPETITION SPECIFY EXAMPLE

CHANGE IN FISCAL BENEFITS

UNFAVORABLE PRICE IN OIL

DATE: 25/3/2020---CHAP 2

IMPORTANCE OF BUSINESS FINANCE

4^th line of first para

Success of business enterprise depends on

For establishing an enterprise

For purchase of fixed and current assets

Expansion, growth and modernization

Benefits

POINTS 1,3,4,5,6,7,8 AND 10

LEARN ANY 7 POINTS

DATE: 26/3/2020----CHAP 2

SOURCES OF FINANCE FOR OF BUSINESS FIRMS

DEFINITION OF CAPITAL FIRST PARA

KEYWORDS INVESTMENT MADE IN AN ENTERPRISE FOR THE PURPOSE OF EARNING PROFITS.

BUSINESS CAPITAL REQUIRED FOR BOTH PRODUCTION AS WELL AS DISTRIBUTION OF GOODS AND SERVICES

REQUIREMENTS

NATURE AND SIZE OF BUSINESS REQUIREMENTS

SOURCES

CAPITAL FOR SOLE PROPRIETORSHIP

AS MARKED

PARTNERSHIP FIRMS

AS MARKED

JOINT STOCK COMPANY

AS MARKED

SHORT ASSIGNMENT

1. DEFINE BUSINESS FINANCE [2]

2. WHY BUSINESS FINANCE IS A WIDE TERM? [2] FROM PG 21 THIRD POINT OF 2.1

3. TWO IMPORTANCE OF BUSINESS FINANCE. [2]

4. HOW PARTNERSHIP FIRM CAN ARRANGE ITS CAPITAL?[4]

DATE:27/3/2020--CHAP 2

FINANCIAL PLANING

DEFINITION

PROCESS OF ESTIMATING FINANCIAL REQUIREMENTS OF AN ORGANISATION, CHOOSING THE SOURCES OF FUNDS AND DECIDING HOW THE FUNDS ARE TO BE UTILIZED.

FEATURES

DECIDING HOW, WHEN AND WHY

FUTURE ORIENTED DUE TO FORECASTING

DECIDING OBJECTIVES, POLICIES, PROCEDURES ETC

FINANCIAL PLANNING IS WIDE BECAUSE

1. ESTIMATING THE AMOUNT OF FIXED AND WORKING CAPITAL NEEDED IN BUSINESS

2. SELECTING THE APPROPRIATE SOURCES OF FUNDS AND THEIR RATIO IN THE TOTAL AMOUNT

3. FORMULATING POLICIES FOR USE OF FUNDS AND DISPOSAL OF EARNINGS.

INVOLVES DECISIONS CONCERNING CAPITALIZATION, CAPITAL STRUCTURE, BUDGETING, CREDIT AND COLLECTION, DIVIDEND POLICY ETC

IMPORTANCE

HEADINGS PG 24

POINT A SOUND FINANCIAL MANAGEMENT

POINT B CAPITAL STRUCTURE

POINT C EFFECTIVE USE OF FUNDS

POINT D CO ORDINATION IN VARIOUS FUNCTION AREAS

POINT E EFFECTIVE CONTROL OF FUNDS

POINT F MEETING CONTINGENCIES

Lesson plan for 6th April to 10th April

CLASS:XI

Assignment 1 (April 25- April 30)

1.Definition of economic activity and non economic activity. (2+2)

2. Characteristics of economic activity. (5)

3. "The same activity may be economic as well as non-economic at different times or places".- Comment (2)

4. Distinguish between economic activities and non-economic activities.(5)

5. Explain the characteristics of a profession. (5)

Date of submission - 30th April' 2020

XI B - abhi.mukherjee@dpsn.org.in

XI E - arnab.saha@dpsn.org.in

Assignment 2

1. Give the definition of business. (2)

2. Discuss five characteristics of business (must include element of risk, creation of utilities, recurring economic activity). (5)

3.Explain economic, social, human & national objective of business (three each). (3*4=12)