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Business Studies Class 12 Project

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  • Updated on  
  • Jan 16, 2024

Business Studies Class 12 Project

Looking for a Class 12 Business Project? CBSE has mandated students to prepare a project as part of the Class 12 Business Studies syllabus wherein they can conduct their own research, gather primary or secondary data and make inferences out of the results in a presentable way. If you are struggling to make a nice project and want to have good guidance, read on to find everything you need to know about the Business Studies class 12 project and BST project class 12 on marketing management , principles of management, stock exchange and more.

This Blog Includes:

Cbse bst project class 12 2022-23, cbse class 12 bst project topics 2022-23, marketing management, elements of business environment , principles of management project in business studies, stock exchange, important guidelines.

The revised Business Studies Class 12 syllabus 2022-23 allotted 20 marks to the project work. Take a look at the distribution of marks for Class 12 Business Studies Project 2022-23: 

Click here to download the official CBSE Class 12 Business Project Topics

Here are the best BST project class 12 topics:

  • Consumer Protection

Also Read: Controlling Class 12: Important Revision Notes

For this BST project class 12 on Marketing Management, The students can consider the following products and conduct research to gather information about the various aspects concerning the marketing of the product. Some of the most prominent and sought-after products are mentioned in the table below:

The students can choose either of the aforementioned or any of the products permissible by the teacher for their Business Studies Project. Taking any one of the products into consideration, the students will have to gather information on the following parameters.

  • Profit margin in percentage to the manufacturer, wholesaler and retailer
  • Packaging of the product
  • Selling price to the consumer
  • Promotion or marketing of the product
  • Identify the USP
  • Type/category of product
  • Grading and standardization
  • Channels of distribution

Also Read: Courses & Career Options in Commerce without Maths

In this topic of the Business Studies class 12 project, given below are the important elements of the business environment:

  • Changes witnessed in packaging and economic impact over the last few years in relation to products like fruits and vegetables, plastic/wooden furniture, milk, reuse of packages, packages as a means of advertisement, etc.
  • Reasons behind the changes in “ Coca Cola and Fanta in the 70s decade to Thums up and Campa Cola in the 80s decade to Pepsi and Cola in the 90s. ”
  • Changes in the patterns of export and import of different products.
  • The law, effects and implementation of the anti-plastic campaign.
  • Social factors affecting acceptance and rejection of an identified product (atta maker, dishwasher)
  • Effect of changes in the technological environment on employee behaviour. 

Also Read: Top 20 Career Options in Commerce with Maths Stream

Under this subject of the Business Studies class 12 project, the students are required to visit any departmental store, fast food outlet or any industrial unit and perceive if applications like Fayol’s General Principles of Management or F.W. Taylor’s Scientific Management Techniques are applied or not. For clarification, have a look at the principles and techniques advocated by both the administrative gurus:

Also Read: Commerce Subjects in Class 12 [Download Updated PDF]

The students who opt for the third option in the business studies class 12 project will have to learn various aspects of the stock market, monitor the stock market trends and how to calculate profit or loss in relation to stock. Through this topic, the students will be able to learn about the capital market and the sources of business finance along with a deep understanding of the concepts used in the stock exchange. Business Studies class 12 project will expect the students to work on the following parameters:

  • Create a brief report on the history of stock exchanges in India.
  • Prepare a hypothetical portfolio with a sum of INR 50,000 in any 5 top companies over a period of 20 working days.
  • Identify the reasons for fluctuations in prices, for example, change of seasons, strikes and accidents, political environment, the spread of an epidemic, international events, etc.
  • Find the value of the investments and update the portfolio accordingly through various graphical representations.

Here are the official CBSE guidelines for the Class 12 Business Studies project:

  • The entire project must be completed between 25 to 30 pages
  • It is compulsory for class 12th students that the project must be handwritten 
  • The project must be clubbed inside a neat and tidy transparent folder 
  • Cover Page: Student information, School name and year
  • Index (List of Contents)
  • Acknowledgement and Preface
  • Introduction
  • Topic with a Unique Title/Heading
  • List of activities and planning done to gather information about the project (If any)
  • Observations from the places of visit
  • Conclusions
  • Photographs (if any)
  • Teacher’s remarks
  • Signature of the teachers

CBSE Syllabus for Business Studies Class 11

For those wanting to delve deeper into how business organisations work, from their formation to the operations, Business Studies encompasses all the pivotal concepts. Here’s a detailed guide on the syllabus for Business Studies Class 11

Related Reads

The official CBSE guidelines for the Class 12 Business Studies project are: 1. The entire project must be completed between 25 to 30 pages 2. It is compulsory for class 12th students that the project must be handwritten  3. The project must be clubbed inside a neat and tidy transparent folder  4. While crafting your project, you must follow this specified format: -Cover Page: Student information -School name and year -Index (List of Contents) -Acknowledgement and Preface -Introduction -Topic with a Unique Title/Heading -List of activities and planning done to gather information about the project (If any) -Observations from the places of visit -Conclusions -Photographs (if any) -Appendix -Teacher’s remarks -Signature of the teachers

The business studies project is an important part of the Class 12 business studies curriculum and is of total of 20 marks.

There are a total of 12 chapters in Class 12 business studies.

To crack your business studies exam, you must practice sample papers and previous year exam papers of business studies as well as master the basic concepts of every chapter.

We hope that this blog covered every single aspect essential for you to know about the Business Studies class 12 project. Connect with us at Leverage Edu and we will help you choose the right course and university after 12th that goes well with your dream of becoming one of the future business leaders . Book your 30 minutes of free career counselling now!

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Business Environment Project Class 12, Element, Topic_00.1

Business Environment Project Class 12, Element, Topic

Business Environment Project, Definition and Its Factors is given here. In this article, you will get to know the factors affecting the business environment.

Business Environment Project Class 12, Element, Topic_20.1

Table of Contents

Business Environment

The business environment is the collection of factors like employees, clients, supply and demand, management, clients, suppliers, investors, and a lot more. Business Environment affects the working of a company.

The business environment helps to identify the goals, planning, execution, and internal working of a company. The business environment is an integral part of any organization.

What is Business Environment?

Various forms of organization are available in a business environment. They are Sole Proprietorship, Partnership, Co-Operative Societies, Statutory Bodies, and Corporations.

Each form has a different company base, brand value, including the other properties. Sole Proprietorship companies are those where the company is owned by a sole person/family.

In partnership firms, two or more partners equally share the responsibilities of the company. They also have equal shares in the profit earned. Corporations are the ones where a huge number of employees work and have branches all over the region.

Business Environment- Definition

The phrase “ business environment ” refers to the whole of all individuals, groups, and other entities that operate independently of the industry but have the potential to influence its output. “Like the universe, withhold from it the subset that represents the system and the rest is environment,” wrote an unknown author. Therefore, an enterprise’s environment includes the financial, cultural, governmental, technological, and other elements that operate outside of it. The environment of an enterprise is made up of the specific clients or competing businesses, as well as the management, clientele, rivals, media, legal systems, and other organizations operating outside.

Business Environment Project Features

  • Complexity: The business world is complex, making it simple to comprehend certain aspects independently but challenging to comprehend all at once.
  • Relativity: The impact of the business climate varies from nation to nation, area to region, and company to company. For instance, juice producers would appreciate a movement in consumer preference from soft drinks to juices, whereas soft drink producers would see it as a threat.
  • The totality of external forces: A business firm’s environment is made up of all the forces and causes that are external to it.
  • Specific and general forces: Both specific and general forces are present in the business environment. Investors, rivals, consumers, and other specific forces have an impact on a business firm directly. In contrast, general forces, including social, political, economic, legal, and technological conditions, have an impact on a business firm indirectly.
  • Inter-relatedness: All dynamics and elements that affect a business environment are interconnected. For instance, growing interest in health care has increased demand for roasted snacks and organic food.
  • Dynamic: The nature of the business environment is always changing due to advancements in technology, shifts in consumer preferences, and other factors.

Business Environment Project Dimensions

Economic environment.

It alludes to the factors that influence business operations economically. Business is a recognized example of an economic organization. Its expansion and existence are therefore reliant on economic reasons. Numerous factors, including inflation, interest rates, price levels, the amount of money on the market, and others, are part of the economic environment. These elements can either present a business with an opportunity or a threat. As a result, management constantly works to seize chances and turn dangers into advantages.

Social Environment

A business’s social environment consists of long-standing traditions, cultures, and conventions. Any change in the social environment will have an impact on the availability of labor, capital, and consumer demand for a given good.

Technological Environment

The broad aspects of science and technology in which a business enterprise operates are referred to as the technological environment of a business. It contains forces related to innovation and technological advancement, which creates a newer foundation for manufacturing goods and services, as well as efficient company management processes and practices.

Political Environment

The broad characteristics of the political system in which a business enterprise operates are referred to as the political environment. These characteristics include political conditions like general peace and stability in the nation as well as particular attitudes that the elected government representatives have towards the business enterprise. These factors have a big impact on how the firm operates on a daily basis. Businessmen have more faith in political parties because they operate within the constraints of the political environment when there is political stability.

Legal Environment

It refers to the fundamental elements of the legislative framework under which a corporate firm operates, including the many laws the government introduces and passes in the parliament or state legislature. Additionally, administrative directives from courts and government agencies, as well as decisions based on committee recommendations, are involved.

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Business Environment Project Class 12 with Topic

Creating a project on the business environment for a class 12 course typically involves researching and presenting information about the various factors and forces that impact businesses. Here’s a general outline of what your project could include:

  • “Analyzing the Business Environment: Implications and Challenges”

Introduction:

  • Briefly introduce the concept of the business environment and its importance.
  • Explain the objectives of your project.

Chapter 1: Understanding the Business Environment

  • Define the business environment and its components.
  • Explain the significance of studying the business environment for companies.
  • Discuss the dynamic nature of the business environment.

Chapter 2: Internal Environment

  • Explain the internal factors that influence a business, such as organizational structure, culture, and resources.
  • Provide examples and case studies illustrating how these internal factors impact businesses.

Chapter 3: External Environment

  • Discuss the various components of the external environment, including the macro environment and micro environment.
  • Analyze the impact of factors like political, economic, social, technological, environmental, and legal forces on businesses.

Chapter 4: SWOT Analysis

  • Explain the concept of SWOT analysis (Strengths, Weaknesses, Opportunities, Threats).
  • Conduct a SWOT analysis for a chosen business to demonstrate the practical application of this tool.

Chapter 5: Competitive Environment

  • Explore the competitive forces that affect businesses, including Porter’s Five Forces model.
  • Analyze how these competitive forces can shape a business’s strategy.

Chapter 6: Global Business Environment

  • Discuss globalization and how it affects businesses.
  • Highlight the opportunities and challenges that arise from participating in the global economy.

Chapter 7: Regulatory Environment

  • Explain the importance of government regulations in the business environment.
  • Discuss how regulatory changes can impact businesses and provide examples.

Chapter 8: Social Responsibility and Business Ethics

  • Discuss the role of businesses in society and the concept of corporate social responsibility.
  • Explore the importance of ethical behavior in the business environment.

Chapter 9: Business Environment and Strategy

  • Explain how an understanding of the business environment is essential for strategic planning.
  • Provide examples of how businesses adapt their strategies based on environmental factors.

Chapter 10: Case Studies

  • Present real-world case studies that illustrate the impact of the business environment on different companies.
  • Analyze the strategies these companies used to navigate the challenges and opportunities.

Conclusion:

  • Summarize the key points of your project.
  • Emphasize the importance of businesses being adaptive and responsive to their environment.

Recommendations:

  • Provide recommendations for businesses on how to better navigate their respective business environments.

References:

  • Cite all the sources you’ve used for your project.
  • Include any additional data, charts, or graphs that support your project.

Presentation:

  • Prepare a PowerPoint presentation to accompany your project, summarizing the key points for your class presentation.

Elements of Business Environment Class 12 Project

A Class 12 project on the elements of the business environment typically involves an analysis of various factors that influence and affect businesses. Here are some key elements to include in your project:

  • Overview of the national and global economic conditions.
  • Factors like inflation, GDP growth, interest rates, and exchange rates.
  • Impact of economic policies on businesses.
  • Demographic trends and their influence on consumer behavior.
  • Social values, norms, and cultural factors affecting business decisions.
  • Social responsibility and ethics in business.
  • Government policies, regulations, and their impact on businesses.
  • Analysis of legal frameworks, contracts, and intellectual property rights.
  • Political stability and its effect on business operations.
  • Advancements in technology and their impact on business innovation.
  • Adoption of digital technologies, automation, and e-commerce.
  • Cybersecurity and data protection in the digital age.
  • Analysis of competitors in the industry.
  • Porter’s Five Forces analysis (bargaining power of suppliers, buyers, threat of new entrants, rivalry, and substitutes).
  • Strategies for sustainable competitive advantage.
  • Environmental regulations and sustainability practices.
  • Impact of climate change on businesses and their response.
  • Corporate social responsibility (CSR) and green initiatives.
  • International trade and globalization.
  • Export-import policies and barriers to global expansion.
  • Multinational corporations and global supply chains.
  • Population trends and their impact on market demand.
  • Age groups and generational differences affecting consumer preferences.
  • Workforce demographics and labor market dynamics.
  • Market segmentation and target customer analysis.
  • Market trends, demand-supply dynamics, and market research.
  • Marketing strategies and branding in a competitive market.
  • Economic Indicators:
  • Key economic indicators such as GDP, inflation rate, unemployment rate, and consumer confidence index.
  • How these indicators affect business decision-making.
  • Government Policies and Regulations:
  • Analysis of specific government policies and regulations relevant to your chosen business or industry.
  • How businesses comply with or adapt to these policies.
  • Business Ethics and Social Responsibility:
  • Discuss the importance of ethical business practices.
  • How businesses address social and environmental responsibilities.

In your project, you can choose to focus on one or more of these elements, depending on your interests and the scope of your project. Ensure that you provide relevant examples, case studies, and data to support your analysis. Also, consider the impact of the COVID-19 pandemic on the business environment, as it has had a significant influence on businesses worldwide.

Business Environment and Types

There are multiple factors by which we can decide the type of business organization. The factors include the brand value, size of the organization, quality of the work done by the company, etc. A business can be classified according to small-sized, medium-sized, and large organizations.

Relativity in the Business Environment

An ideal business environment is the one through which the company flourishes and the employee’s productivity is maximized. It can be achieved by taking proper measures that can help to establish the communication between the employees and the management of a company.

Regular checks can also be done to ensure whether the environment is safe and sound for the employees or not. The client’s feedback also can be taken to improve the business environment.

There should also be regular interactions between the people of higher positions in the company and the regular employees. This can help to spread the motive of the company. This will help the employees to have a specific target along with a valid reason to work in the organization.

Business Environment is required for a company for the following reasons.

  • Helps to plan the investment accordingly.
  • Helps to strategize plans and opportunities.
  • Helps to identify estimated loss that might occur if corrective measures are not taken in time.
  • Helps to manage resources.
  • Helps to measure the productivity of an employee in a company.
  • Helps to establish intercommunications between the different teams of a company.

These are the reasons why a business environment is helpful.

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Business Environment Features

Usually, management people are responsible to ensure the business environment in an organization. Also, the regular employees, clients, and the ones related to the company regularly are responsible for the proper functioning of a business environment.

(A) The totality of External Forces in Business Environment

  • The business environment includes everything which is outside the organization.
  • If we add all these forces and systems, they will form a business environment for the organization.

Example:  When Coca-Cola & Pepsi got permission from Govt. of India to set up their business in India, it was an opportunity for them and a threat for local manufacturers like gold spot, camp-cola, etc to improve their business.

(B) Specific and General Forces in Business Environment

  • Specific forces are those forces that directly affect the operational activities of the business enterprise like manpower,raw material, etc.
  • Example: Suppliers, Customers, Investors, Competitors, Financers, etc.
  • General forces are those forces that indirectly affect the functioning of business enterprises.

Example: Economic, Social, Political, Legal, and Technological conditions of business.

(C) Inter-relatedness of systems in Business Environment

  • Different forces of the business environment are interrelated to each other.
  • In a Business Environment System, one component of the business environment affects the functioning of various other components.

Example: The increased life expectancy of people and awareness of health consciousness has increased the demand for many health products like diet coke, olive oil, organic products and so many health products.

(D) Dynamic Nature of Business Environment

The business environment is dynamic in nature and it keeps on changing in terms of many components :

(a) Technological improvement in Business Environment,

(b) Shifts in consumer preferences in the market,

(c) The entry of new competition of your feild in the market.

Example: Many established companies in FMCG (Fast Moving Consumer goods) sector are focusing on producing goods with natural ingredients with the entry of ‘Patanjali Products’ in the market.

(E) Uncertainty in Business Environment

  • The rapid changes in the business environment cannot be predicted accurately because of future uncertainties in the market.
  • It is very difficult task to predict the changes in the economic and social environment of the Business Environment.

Example : There has been a sharp decline in the prices of Android smartphones due to the entry of many new companies in the market.

(F) Complexity in Business Environment

  • All forces of the Business environment are interrelated and dynamic, which makes it difficult to understand for newer onces.
  • The complex nature of the Business environment can be understood if we study it in parts.

(G) Relativity in Business Environment

  • Business Environment differs from place to place, region to region, and country to country.

Example: In China and South Korea, the electricity to the industry is provided at cheaper rates as the consumption increases, and hence, it leads to mass production whereas, in India, it is otherwise, higher consumption of electricity leads to costly electricity to industies which results in lower production & higher cost of production in India.

Read More Article Related To This

Business Environment and Its Affecting Factors

External factors.

A socio-economic entity is a business. As a result, society’s numerous facets are fundamental to the success or failure of every organization as well as to the environment it operates in. PESTLE is a phrase frequently used to describe elements in the external business environment. Political, economic, social, technological, legal, and environmental factors are all represented by this acronym.

  • Political Factors

Every component of politics has an impact on a business, from the geographic political climate to the international relations it maintains. While some nations have business-friendly legislation, others have business-restrictive laws. The state of local politics and how it interacts with other nations have a significant impact on the state of business.

  • Technical Aspects

One of the main forces in today’s world is technology. Businesses that are unable to keep up with the current technological advancement are finding it difficult to survive. And companies that are utilizing technology to their advantage are outpacing their rivals. Over the past few decades, IT has established itself as a major industry.

  • Economic variables

The majority of nations currently experience extremely unstable economies. And this applies to all businesses, big and small. The existence of the open market has, nevertheless, also proven very advantageous for enterprises. The majority of big companies must constantly be mindful of their influence due to the volatility of the global economy.

Internal Factors

An organization in the business is defined by the forces that exist inside it. These include the managerial style, the level of machinery utilized, and the work environment. The main internal elements that influence the business environment are listed below.

  • Human Resources

A relatively recent idea that has taken over the business world is human resources. Human resources are responsible for managing personnel on a micro level while firms get bigger every day. As a result, it is crucial to establish the business environment.

  • Physical Resources

Every business needs resources to function, and how these resources are managed has a significant impact on the environment inside the company.

Enterprise Path

Every business has a reason for being and a goal to accomplish. The business path is made up of these two elements and how the company envisions itself in the future. These lay out the adjustments that will be made to the corporate structure.

One of the key components of the internal business environment is the hierarchical or non-hierarchical structure of the company that establishes the roles of each employee and management. Different corporate structures exist, including matrix, bureaucratic, and functional ones.

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Why is the business environment unreliable?

It is argued that the business environment is unpredictable since it is challenging to foresee future events, particularly when environmental changes occur too often.

What does a dynamic work environment mean?

A dynamic environment is one where business is taking place and changing quickly.

Why is the concept of the business environment relative?

Since business environments vary from nation to nation and even region to region, they are a relative concept.

What constitutes the primary elements of the business environment?

The business environment has five aspects. These are the areas of the economy, social, law, politics, and technology.

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CBSE Class 12 Business Studies Project Topics 2024

Manali Ganguly Image

Manali Ganguly ,

Dec 26, 2023 | CBSE 12th

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CBSE Class 12 Business Studies project topics 2024 are Elements of Business Environment, Stock Exchange,Principles of Business Management, and Marketing. A viva is conducted on the project report. The report including the viva carries 20 marks.

CBSE Class 12 Business Studies Project Topics 2024

CBSE Class 12 Business Studies project topics 2024 includes the Elements of Business Environment, Principles of Business Management, Stock Exchange, and Marketing. The project report for CBSE 12th board exams carries 20 marks. The students are helped by the teachers in the selection of the project topics.

The project report is included in the  CBSE curriculum to give a practical knowledge of what the students read throughout the year. The students are supposed to visit the fields and organisations while creating the report which exposes them to the professional market as well, apart from increasing their knowledge on the topic.

Table of Contents

Project 1: Elements of Business Environment

Project 2: principles of business management, project 3: stock exchange, project 4: marketing, project report: presentation, submission, cbse class 12 business studies project: marks distribution, how to choose cbse class 12 business studies project topics 2024.

The students must work on the following topics as suggested by the Central Board of Secondary Education:

The students must choose one of the topics given below, under the supervision of teachers.

  • The alterations that the system of packaging has undergone in recent years. How has this impacted the economy?
  • Why did Coca Cola and Fanta change to Thums up and Campa Cola in the 70s and then Pepsi and Coke in the 80s?
  • How has there been a change in the role of women in the last 25 years, with respect to joint family, nuclear family, and women being the bread winners for the family.
  • The change in the pattern of export and import.
  • The rate of change of interest rates and an effect of the same on the savings.
  • Child labour laws.
  • The laws regulating the establishment of industries and the licences necessary for setting up the business.
  • The anti plastic campaign
  • What are the social factors that contribute to the acceptance or rejection of a particular product?
  • How can an environmental change affect the services in a particular place?

Also Read: CBSE Class 12th Business Studies Syllabus 2023-24: Download PDF

The students must visit any of the below mentioned places to complete the project:

  • Industrial Unit
  • Departmental Store
  • Fast Food Outlet
  • Any place suggested by the teacher

This project must contain the following components:

  • Graphical representation for the share prices for different companies or organisations on varying dates.
  • How factors like festivals, seasons, and human and natural disasters affect a share’s market value?
  • How does the market value of a share undergo change with change in the policies and the political environment?
  • Identify the top 10 out of 25 companies based on the market value of shares, irrespective of profit and loss.

Also Read: Business Studies Class 12th Notes

The students can create take any product or service and create a report keeping in mind the following points:

  • The product or service type and the process involved.
  • Brand name.
  • Product range.
  • Logo or identification mark.
  • Packaging and labelling.
  • Product price and the factors that are considered while fixing the price.
  • Channels of distribution and reason for selection of the same.
  • Warehousing and transportation of the product.
  • Promotional techniques applied.
  • Grading of the product and standardisation.

Also Read: CBSE Class 12 Books 2024: Download NCERT PDFs for All Subjects

The students must submit the project report at the end of the term. The project report report must essentially be made keeping in mind the following points:

  • The project must be written in hand.
  • The project must be neat and give a clear flow of information.
  • The cover page must include the information about the student such as the name, school, and year of submission.
  • A page must be dedicated to ‘Contents’.
  • The project report must contain an acknowledgement and a preface.
  • A page must contain the ‘Introduction’.
  • The topic must be written with a beautiful and catchy heading.
  • The plan and activities implemented in the project must also be written in the project report.
  • The observations must be listed down.
  • The project must have a page dedicated to ‘Conclusion’.
  • The appendix to the project must be included in the report.

Also Read: CBSE Class 12th Accountancy Syllabus 2023-24: Download PDF

The marks distribution for the project report is done considering a few elements. The scheme of distribution of marks has been shared below:

The CBSE class 12 students can consider the below mentioned points while selecting the topic of the project:

  • Wise Selection of Topic: The selection of the topic must be done very carefully. A topic must be chosen that the student finds interesting to work on. This will enhance their effort and outcome of the project.
  • Understand the Objective of the Project: In order to work on a project, it is crucial to understand the aims and objectives of the same. This will give a dimension to the project.
  • Structural Planning: Planning the structure of the project is crucial as this keeps the flow and connectivity between the different sections of the project.
  • Thorough Research Work: It is crucial to carry out a good research on the project-topic from reliable and authentic resources.
  • Creating a Rough Draft: Without investing much time in this part, a rough draft must be created prior to starting the project report. This will give directions to the project.
  • Collection and Analysis of Data: Data must be collected methodically and an analysis of the data must be done through graphs.
  • Citing the Resources: This is a very crucial part of the project. Proper citation and referencing is mandatory.
  • Proofreading and Reviewing: The project report must be revised thoroughly and proofread before final submission.

Also Read: CBSE Subject Codes for Class 12: Check Subject-Wise Code List

What is the total marks allotted to the Business Studies project in CBSE class 12?

How much marks is allotted to viva in CBSE class 12 Business Studies project?

What are the project topics for Business Studies in CBSE class 12?

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CBSE Class 12 Business Studies Project 2023-24

CBSE Class 12 Business Studies Project 2023-24

  • Team Vidya Setu
  • Last modified on Nov 1, 2023

This article is curated to provide complete information on the Class 12 Business Studies Project 2023-24 given by the CBSE Board. CBSE Guidelines for BST Project say, only one specific Report File is needed to be submitted during the practical’s. The Business studies practical will hold in the month of February 2024. Students are supposed to submit the physical Report File to the teachers in the practical’s. Business Studies Project of Class 12 helps students to get the practical knowledge of what the students have studied in the class theoretically.

The CBSE Class 12 Commerce Date Sheet 2023-24 is announced by the CBSE Board, and the practical to be held in the month of February. So, all the class 12 students are supposed to prepare their Business Studies Project Of Class 12 for the academic session 2023-24 in the month of January to avoid any last-minute hassle. Students can also go through the Previous year question paper for BST class 12 .

In this proper Class 12th Business Studies Project Guide 2023-24, students will find all the necessary details about the project file, along with the proper guidelines of the CBSE Board syncing with the new and reduced syllabus of class 12 Business Studies. CBSE Business Studies Project for Class 12 topics are provided below for reference.

Also Check: Accounts Project Class 11

Download CBSE Class 12 Business Studies Project Guideline PDF 

Let’s get started with the weightage of the 12th Class Business Studies Project 2023-24. Read more to get more details. 

SiteMap of the CBSE Class 12 Business Studies Project

Students can check out the above table showing the sitemap of the complete CBSE Class 12 Bst Project 2023-24. The whole project is 20 marks, where the project includes 1 Report File. CBSE Board has given important points to be covered in the project work. On these specifications of the assessments, teachers will allot marks to the students. If students have covered all the 4 points in their project work and performed well in the viva, then scoring full marks would be not so far.

What are the CBSE Class 12 Business Studies Project Topics 2023-24?

CBSE Board has assigned the 4 important Business Studies Class 12 Project Topics to the class 12th Commerce Students. Students need to choose any 1 out of 4 Topics. The topics are given below:

  • Elements of Business Environment  (Book-I)
  • Principles of Management (Book-I)
  • Stock Exchange (Book-II)
  • Marketing Management (Book-II)

These are the 4 important chapters of topics for the CBSE Class 12 Business Studies Project 2023-24. Students need to pick any topic and start preparing a very detailed project and gain as much information as they can. The VIVA test would be taken on the chosen topics, so it is advisable for the students to learn while preparing the project file.

Viva of Class 12th Business Studies Project 2023-24

The last test type for the CBSE curriculum is the Viva, also called an oral exam, and the school only schedules these exams in January.

The majority of Viva’s questions are project-related. The purpose of this Viva is to ensure that the students have gained deeper awareness and comprehension of the subject matter of their project.

Objectives of CBSE Class 12th Business Studies Project 2023-24

The class 12 business study project’s goal is to assist students in comprehending the business scenario and using the analysis tool related to the project’s subjects.

Additionally, it is meant to stimulate the ability needed to interpret business study data from business firms’ quarterly, half-yearly, or annual reports. The purpose of the class 12 business study project is also to analyze the data in accordance with the specified parameters.

How to Prepare the Class 12 Business Studies Project 2023-24?

Follow the below-mentioned CBSE guidelines before starting a project report:

Consult the relevant teacher for suggestions on alternative topics. Assignments can be completed individually or collaboratively, but each student needs to create a unique project file. When selecting a topic, bear the following in mind:

  • Make sure the topic you select is exclusively from the Class 12 Business Study syllabus.
  • Consult the relevant teacher about the issue before beginning to get any necessary recommendations.
  • Remember to study the subject in advance of the viva.
  • The project file should not be copied from another student. At least 40% of it should be unique from other students’ work.
  • Don’t write lengthy narratives or paragraphs for an accounting project.
  • To ensure that the job is executed easily, make sure you conduct in-depth research on the subject

Class 12 Business Studies Project On Elements of Business Environment

Students can take the help of their respective subject teachers while choosing any one of the following elements prescribed by the CBSE.

  • The changes in transportation of fruits and vegetables such as cardboard crates being used in place of wooden crates, etc. Reasons for above changes.
  • Milk being supplied in glass bottles, later in plastic bags and now in tetra-pack and through vending machines.
  • Plastic furniture [doors and stools] gaining preference over wooden furniture.
  • The origin of cardboard and the various stages of changes and growth.
  • Brown paper bags packing to recycled paper bags to plastic bags and cloth bags.
  • Re use of packaging [bottles, jars and tins] to attract customers for their products.
  • The concept of pyramid packaging for milk.
  • Cost being borne by the consumer/manufacturer.
  • Packaging used as means of advertisements.
  • Reasons of stopping the manufacturing of the above mentioned drinks in India THEN.
  • The introduction of Thums up and Campa cola range.
  • Re entry of Coke and introduction of Pepsi in the Indian market.
  • Factors responsible for the change.
  • Other linkages with the above.
  • Leading brands and the company having the highest market share.
  • Different local brands venturing in the Indian market.
  • The rating of the above brands in the market.
  • The survival and reasons of failure in competition with the international brands.
  • Other observations made by the students
  • Changing role of the women in the past 25 years relating to joint families, nuclear families, women as a bread earner of the family, changes in the requirement trend of mixers, washing machines, micro wave and standard of living.
  • The changes in the pattern of import and export of different Products.
  • The trend in the changing interest rates and their effect on savings.
  • A study on child labour laws, its implementation and consequences.
  • The state of ‘anti plastic campaign,’ the law, its effects and implementation.
  • The laws of mining /setting up of industries, rules and regulations, licences required for running that business.
  • Social factors affecting acceptance and rejection of an identified product. (Dish washer, Atta maker, etc)
  • Washing machines, micro waves, mixers and grinder.
  • Need for crèche, day care centre for young and old.
  • Ready to eat food, eating food outside, and tiffin centres.
  • Change in the man-machine ratio with technological advances resulting in change of cost structure.
  • Effect of changes in technological environment on the behaviour of employee

 Principles Of Management Project for Class 12

For taking this topic, the students are required to visit any one of the following:

  • A departmental store.
  • An Industrial unit.
  • A fast-food outlet.
  • Any other organization approved by the teacher.

After visiting any one of the venues, students need to observe the application of the general principles of management advocated by Fayol.

What are Fayol’s principles?  

  • Division of work.
  • Unity of command.
  • Unity of direction.
  • Scalar chain
  • Espirit de corps
  • Fair remuneration to all.
  • Subordination of individual interest to the general interest.
  • Initiative.
  • Centralization and decentralization.
  • Stability of tenure.

OR Students of class 12 Commerce may enquire into the application of scientific management techniques advocated by F.W.  Taylor in the unit visited.

  • Functional foremanship.
  • Standardization and simplification of work.
  • Method study.
  • Motion Study.
  • Time Study.
  • Fatigue Study
  • Differential piece-rate plan.

Stock Exchange Project for Class 12

The aim and provision of the Class 12 Business Studies Project On Stock Exchange are to teach commerce students the proper way of investing and analyzing the stock market which is the major factor responsible for the country’s economy. This project also focuses on important lessons about the economy, financial responsibility, and mathematical calculations based on research. This BST project 2023-24 enables commerce students to know about the stock market while investing some fake money (practically) in certain stocks. Students, thus research and buy and sell according to the market and self-need. This project topic will also provide some knowledge to the students about how the stock market is being monitored by the brokers and will teach students to calculate profit and loss in the stocks. The Class 12 BST stock exchange project work will enable the students to:

  • understand the topics like sources of business finance and capital market
  • understand the concepts used in a stock exchange
  • inculcate the habit of watching business channels, reading business journals/newspapers, and seeking information from their elders.

Marketing Management Project of Class 12

Students can pick any product in the marketing management project of class 12. The only thing to remember while preparing the class 12th business studies project on marketing management is that the identified product should not be anything whose use or consumption is discouraged by the society or government such as pan masala, alcohol, tobacco, etc. marketing project topics for class 12 are given below so that students can pick one without being worried about the topics.

Identify or pick one product/service from the below list which you may like to manufacture/provide [pre-assumption].

  • Air conditioners
  • Baby diapers
  • Bathing Soap
  • Bathroom cleaner
  • Breakfast cereal
  • Cheese spreads
  • Cosmetology product
  • Fairness cream
  • Fruit candy
  • Infant dress
  • Ladies footwear
  • Learning Toys  40. Lipstick
  • Microwave oven
  • Moisturizer
  • Music player
  • Nail polish

Students can take any product/service they want, discussing with the teacher would help to make the appropriate Class 12 Business Studies Project on Marketing Management. 

Marketing Management Project Must Include

On the basis of the work done by the students the Class 12 Business Studies Project Marketing Management should include the  following:

  • Type of product /service identified and the (consumer/industries) process involved therein.
  • Brand name and the product.
  • Range of the product.
  • Identification mark or logo.
  • Labelling and packaging.
  • Price of the product and basis of price fixation.
  • Selected channels of distribution and reasons thereof.
  • Decisions related to transportation and warehousing. State reasons.
  • Promotional techniques used and starting reasons for deciding the particular technique.
  • Grading and standardization.

Presentation of Class 12 Business Studies Project

Project must have 25-30 pages.

CBSE Board says each class 12 project should at least have 25-30 pages. It is up to students to increase the number of pages to make it a detailed project. These pages include all the necessary formalities needed to be done at the starting and end of the project like the Student’s complete details, Acknowledgements, and preface, Introduction, Conclusion, Bibliography, etc.

The project should be Handwritten

CBSE accepts only handwritten projects on the boards. So, students prepare their report files with attractive handwriting. As presentation plays a very important role in scoring marks. If your hand-writing is good and the project file looks neat and clean, then even if you have some analytical mistake or less research, you would get the full marks.

Presented in Folder

Students should submit their project files in a neat folder. This is the proper way of submitting your board class 12 business studies project 2023-24. Teachers get more attracted by a neat and clean project which is presented nicely by students. If your cover is very sober yet classy, you can easily score the full marks.

Project Sheets Must be in Specified Sequence

The project report file of business studies should be drafted in the following sequence by covering every detail- The cover page should include the title of the Project, student information, school, and year. List of contents.

  • Acknowledgements and preface (acknowledging the institution, the places visited, and the persons who have helped).
  • Introduction.
  • Topic with a suitable heading.
  • Planning and activities are done during the project if any.
  • Observations and findings of the visit.
  • Conclusions (summarized suggestions or findings, the future scope of the study).   Photographs (if any).
  • Appendix, bibliography for bst project is also very necessary for teachers to know where have they taken the data from.
  • Teacher’s observation.
  • Signatures of the teachers.

CBSE Guidelines for Business Studies Class 12 Project 2023-24

Students of class 12 Commerce Stream are supposed to pick one topic out of four and are required to prepare only ONE project report file from the selected topic. (Consist of one project file of 20 marks)

  • Students can pick any ONE Unit out of the four with the help of teachers.
  • The BST Project topic will be assigned to every student after the discussion with the respective subject faculty and later are supposed to be discussed at every stage of the submission.
  • While preparing a CBSE Class 12 Business Studies Project 2023-24, teachers play the role of a facilitator who is there to supervise every student for completing the project report.
  • Students can ask their teachers to provide relevant study materials or suggest websites, or even obtain permits for visiting certain restricted places.
  • Do not fall prey to the readymade project reports, if caught by the teachers, they will be discarded at once.
  • Students need to have complete research on the project topic and prepare it wisely. This will help in answering questions in the VIVA Exam.
  • Students must take initiative to present their projects before the class.
  • Students can make their teachers proud by showing their hard work and self-esteemed creativeness on the Business Studies Project File.

Class 12 Commerce Students can acknowledge this research-based CBSE Class 12 Business Studies Project 2023-24. In this project guide, students will find all the necessary details to be included in the project, including CBSE prescribed topics, guidelines, and submission date with other necessary details. Students can also refer to CBSE Class 12 Business Studies Guide 2023-24 for more information on Business Studies and get answers to their every query. Students can also join CBSE Class 12 Business Studies Free Online Classes offered by the top online portal, VidyaSetu. As per the Business studies, new curriculum students should also make sure to go to business studies case studies class 12 .

Frequently Asked Questions

Q1. What is the Marking Scheme of the Class 12 Business Studies Project? It consists of 20 Marks which includes ONE File + Viva Test.

Q2. Can I choose any Random Topic for preparing the Class 12 BST Project? No, students can’t choose any topic of their choice. CBSE has prescribed the following 4 topics from which ONE topic is supposed to be selected.

Q3. How many Pages of Report File should be a Class 12 Business Studies Project 2023-24? There should be a minimum of 25-30 Pages.

Q4. When to submit the Business Studies Report File? At the time of CBSE Class 12 Business Studies Practical Exams, students are supposed to carry their project file, from which the examiner will ask VIVA questions.

Q5. How to prepare for the Class 12 Business Studies Project?

For preparing the Business Studies project, students can refer to the CBSE Class 12 Business Studies Project Guide (2023-24) for all material required for the project guidelines. 

Q6. Can we get a Class 12 Business Studies Project Topic Idea from the NCERT Books?

The NCERT books are the best option for choosing the Business Studies Project Topic. However, students can get help from teachers and the internet for writing the project.

Q7. Is it compulsory to prepare for the CBSE Class 12 Business Studies Project?

It is compulsory for students to prepare for the CBSE Class 12 Business Studies Project as it contains a 20 marks project file.

Q8. How to prepare for Class 12 Business Studies Project Viva-Voice?

First and foremost, it is important for students to do a thorough research on their respective topics and write only the information relevant to their class 12 Business Studies syllabus. Examiners tend to ask the questions related to the topic.

Q9. What are the important questions for Business Studies VIVA?

Prepare the topic thoroughly that you have chosen as most of the questions are project or syllabus related only.

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Class 12 Business Studies Project

Class 12 Business Studies Project

Class 12 Business Studies project in the principle of management is one of the important topics for business studies. However, a few students would be apprehensive about how and what to prepare a project. This dilemma of how to accomplish the project work drives to an issue of copying projects from peers. It is a general issue where students weigh project work as a burden and do not pay attention to how to prepare it. If you are confronting a similar obstacle at the beginning of given project work. The best thing, to begin with, is a sample project work.

Download Free PDFs of Business Studies Projects for Class 12:

The project for Business Studies Class 12 will undoubtedly assist all those students who really want to have a summary of what a project for class 12 looks like. It will completely answer all your questions on what are the different things we should contemplate while preparing a Business Studies project. The whole project work is of 20 marks. To be well aware of the entire Business Studies syllabus for class 12,  click here  for the Business Studies Syllabus Class 12.

Additionally few tricks and tips to prepare  Business Studies Project Class 12 are given below.

1. Handwritten TOC (Table of Content).

It is important for any students to understand that the table of content for Business Studies Project for Class 12 should be written by hand and not typed or printed.

2.  Distinct Handwriting

Content written by hand must be clear and neat, so the examiner can read the content properly. A neat project can secure students excellent marks.

3. Submit in Spiral Bound

Make sure that the project is submitted neatly attached in a spiral-bound book.

4. Project Format

The formatting of a project should be in a file set up.

5. Size of the paper

The overall project has to be hand-written and the size of the paper should be A4.

6. Check Notes Alignment

Project notes have to be written only on the science project paper, on the ruled side and not on the blank pages.

7.  Headers

Leave the same portion margin on the Bottom, Top, left, and right of the project page.

8. Number each Pages

The entire project needs to have numbers.

9. Tables and Numbers 

  • The entire mentioned tables and numbers must be arranged in the middle of the page, categorized with the numbers, titles, and required labels. 

10. Classification of the Project

The outer and the first cover of the project should have the title/heading, along with student information including school name and the year.

  • Acknowledgement
  • Certificate (if you have any)
  • Table of contents
  • Topic and Introduction  with a suitable heading
  • Newspaper cuttings (If Any)
  • Summary/Conclusion of the project
  • Bibliography
  • Teachers Remarks and Observation.

Learning Outcomes of Business Studies Project for Class 12

The learning results recognise the important areas of Class 12 Business Studies Projects’ learning of the subject. Four (4) learning outcomes are clearly explained: knowledge application, communication, collaboration and independent learning.

Stay tuned to BYJU’S for more project work for Class 12,  Business Studies Important Questions , question papers, sample papers, syllabus and Commerce notifications.

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Home / Blog / CBSE Class 12th Business Studies Project Guide (2023-24)

CBSE Class 12th Business Studies Project Guide (2023-24)

  • Last Updated on Dec 19, 2023

Business Studies is one of the main subjects in commerce stream class 12. It provides an extensive array of advanced information and concepts related to business. It provides a piece of good knowledge related to the subject that influences the growth, development, and earnings of a business. Students of class 12 are required to prepare a Report File on a subject to be submitted during practical.The practical for the subject is conducted before the main board exams in February. They will submit a report file to the respective teacher in the practical exam. Class 12 Business Studies Project will help students attain the practical knowledge of what they learned in theoretical class. In this business study project guide, you will read about necessary details like project guidelines, weightage, topics to consider, etc.

Furthermore, you can also check the CBSE Class 12 Economics Project Guide 2023-24.

Class 12th CBSE Business Study Project guidelines 2023-24

  • Class 12 commerce stream students need to pick a topic related to the subject and prepare a report file on it. You can choose any unit out of four from the subject.
  • Class 12th Business Studies Project file will be done by every student after discussing it with the teacher.
  • While preparing the project report for BST, they will discuss it with the teacher for supervision at every stage of the submission.
  • They can ask for study material or suggestions from the teacher to create a report file for their project.
  • Students have to do complete research on the chosen topic before beginning the project. The VIVA will be based on it, and research will help during the VIVA exam.
  • They have to make a project from scratch and not buy readymade projects.

Must Check CBSE Class 12 Business Studies Sample Paper 2023-24.

Commerce Ka Arjun Scholarship Program 2023-24 for 12th Appearing Commerce Students

Marking scheme of CBSE class 12th Business Studies Project Work 2023-24

The business Studies project for class 12 CBSE is of 20 marks, including one project file and the VIVA exam. Teachers will allot marks to students based on the assessment specification provided by the CBSE board. Students need to ensure they do well in all 4 points of the project to get full marks. The table below shows the marking scheme of the Class 12th Business Studies Project.

Class 12th VIVI of Business Studies Project 2023-24

Viva for Class 12th Business Studies Project is an important part of the practical exam. It carries 4 marks out of 20 marks on the practical exam. The VIVA exam will be conducted on the basis of the report file prepared by the student. It is to assess the understanding and knowledge of students about the subject, report, and analysis. Students are required to study well and conduct good research while preparing their projects. They can prepare for the viva exam by going through FAQs related to the topic.

Objectives of CBSE Class 12th Business Studies Project 2023-24

The objective of a Business Studies project for class 12 CBSE is-

  • To develop an interest in practical and theoretical topics of business studies.
  • To make them familiar with the theoretical foundations of business operations.
  • To help them appreciate the social and economic significance of business activity. 

Class 12th CBSE Business Studies Project Work Ideas 2023-24

The project of Business Studies is an important part of the syllabus. It is of 20 marks in total and consists of a report file and a viva exam. CBSE has assigned 4 important topics for the Class 12 Business Studies Project. They can make a project on any one topic mentioned below-

  • Business Studies class 12 project on principles of management
  • Class 12th Business Studies project on marketing management
  • Business Studies class 12 project on Elements of Business Environment
  • Business Studies class 12 project on the Stock Exchange

Here are some ideas for the Class 12th Business Studies Project-

  • Child Labour in India
  • Corporate Social Responsibility
  • Stock Exchange Report 

How to Prepare the Class 12th Business Studies Project 2023-24?

Understanding syllabus- The first step to preparing a project is knowing your syllabus and the topics covered in it. Go through the CBSE business studies syllabus to get a hint of concepts and topics.

Research- A thorough and deep research before starting on the project is mandatory. Research as much as possible on the topic you selected. Refer to books, online resources, journals, and articles to learn more about it.

Don’t skip guidelines- Students must follow the guidelines provided by CBSE while preparing the Class 12 Business Studies Project.

Planning and organizing- When you begin a project, plan it to be on time during submission. Research, writing, and editing require time.

Ask for help- If they face any difficulty while making a project, they must ask for help from a teacher. It will help them save time. 

1. How to prepare for the Class 12th Business Studies Project?

Understand the syllabus, choose a topic, research it, and follow the format and guidelines to prepare the project. 

2. Can we get a Class 12th Business Studies Project Topic Idea from the NCERT Books?

Yes. Students need to make a business studies project on 1 out of 4 units from the syllabus.

3. Is it compulsory to prepare for the CBSE Class 12th Business Studies Project?

Yes. The project is worth 20 marks and is a mandatory part of the syllabus.

4. How to prepare for Class 12th Business Studies Project Viva-Voice?

The VIVA will be based on the project report. Make sure you research it and read it carefully.

5. What are the important questions for Business Studies VIVA?

The objective of the report, the significance of the topic, challenges you faced during project making, how your project topic helps to understand the subject, and what it implicates are a few basic questions asked during the viva.

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Business Studies Projects: Class 12 CBSE

April 4, 2022 by studymumbai Leave a Comment

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CBSE Class 12 students have to make a Business Project as part of their Class 12 Business Studies (BST) wherein they have to do literature review, gather data, make inferences and give conclusions.

Here’s how to create a Business Studies class 12 project (BST project) on various topics such as principles of management, elements of business environment, marketing management, principels of management, stock exchange, consumer protection, and more.

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Marketing Management

Students can make projects Marketing Management, wherein they can choose any product on which they have to to conduct research about the various marketing aspects of the product.

You may choose products such as : Adhesives, Bathing Soap, Bread, Butter, Chocolate, Cheese, Coffee, Cosmetics, Cutlery, Eraser, Hair Oil, Handbags, Hair Dye, Inverters, Jeans, Jewellery, Lipstick, Microwave, Mobile Phones, Moisturizer, Music System, Newspaper, Noodles, Pencil, Sauces, Toys, Wallet, Washing Machine.

Elements of Business Environment

In case you intend to make a project on Elements of the business environment, here’s what you should inlcude:

  • Changes in packaging for products like fruits and vegetables, plastic/wooden furniture, milk, reuse of packages, packages as a means of advertisement, etc.
  • Changes in the patterns of export and import of different products.
  • Effect of changes in the technological environment on employee behaviour.
  • Impact due to anti-plastic campaigns.
  • Social factors affecting acceptance and rejection of certain products (atta maker, dishwasher)

Principles of Management Project in Business Studies

For this Business Studies class 12 project, students should visit a departmental store, industrial unit, fast food outlet and see how Fayol’s General Principles of Management or F.W. Taylor’s Scientific Management Techniques applies to that busines sunit.

Stock Exchange

For this topic, students must inlcude various aspects of the stock market such as stock market trends, profit or loss calculation, talk about capital market, sources of business finance, along with other concepts used in stock market. Business Studies class 12 project should inlcude the following:

  • Provide brief history of stock exchanges in India.
  • Prepare a hypothetical portfolio with a sum of INR 100,000 in any 5 top companies over a period of 20 working days.
  • Provide reasons for price fluctuations. For example, wars, strikes and accidents, political environment, spread of an epidemic, change of seasons, international events, etc.
  • Find the value of the investments and update the portfolio (shown through various graphical representations).

Consumer Protection

Include the following:

  • Define consumer protection
  • Caveat Emptor to Consumer Protection
  • Various ways for conumers to seek redressal
  • Mention about Consumer protection act in India, Rights of consumers

Guidelines for Class 12 Business Studies project:

Here are the official CBSE guidelines for the Class 12 Business Studies project:

The Project must 25 to 30 pages long (handwritten).

Follow this specified format:

  • Cover Page: Student information, School name and year
  • Index (List of Contents)
  • Acknowledgement and Preface
  • Introduction
  • Topic with a Unique Title/Heading
  • List of activities and planning done to gather information about the project (If any)
  • Observations from the places of visit
  • Conclusions
  • Photographs (if any)
  • Teacher’s remarks
  • Signature of the teachers

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Business Environment class 12 Notes Business Studies

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CBSE class 12 Business Studies Business Environment PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides Business Environment class 12 Notes Business Studies and latest chapter wise notes for quick preparation of CBSE board exams and school based annual examinations. Class 12 Business Studies notes on chapter 3 Business Environment are also available for download in CBSE Guide website.

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Class  12 Business Studies notes Chapter 3 Business Environment

Download CBSE class 12th revision notes for chapter 3 Business Environment in PDF format for free. Download revision notes for Business Environment class 12 Notes and score high in exams. These are the Business Environment class 12 Notes Business Studies prepared by team of expert teachers. The revision notes help you revise the whole chapter 3 in minutes. Revision notes in exam days is one of the best tips recommended by teachers during exam days.

CBSE Class 12 Business Studies Revision Notes

Meaning of business environment:.

Business environment refers to forces and institutions outside the firm with which its members must deal to achieve the organisational purposes. Here

• Forces = economical, social, political, technological etc

• Institutions = suppliers, customers, competitors etc

It includes all those constraints and forces external to a business within which it operates. therefore,

• The firm must be aware of these external forces and institutions and

• The firm must be nagged keeping in mind these forces and institutions so that the organisational objectives are achieved. .

Features of Business Environment

1. Totality of external forces: Business environment is the sum total of all the forces/factors external to a business firm.

2. Specific and general forces: Business environment includes both specific and general forces. Specific forces include investors, competitors, customers etc. who influence business firm directly while general forces include social, political, economic, legal and technological conditions which affect a business firm indirectly.

3. Inter-relatedness: All the forces/factors of a business environment are closely interrelated. For example, increased awareness of health care has raised the demand for organic food and roasted snacks.

4. Dynamic: Business environment is dynamic in nature which keeps on changing with the change in technology, consumer’s fashion and tastes etc.

5. Uncertainty: Business environment is uncertain as it is difficult to predict the future environmental changes and their impact with full accuracy.

6. Complexity: Business environment is complex which is easy to understand in parts separately but it is difficult to understand in totality.

7. Relativity: Business environment is a relative concept whose impact differs from country to country, region to region and firm to firm. For example, a shift of preference from soft drinks to juices will be welcomed as an opportunity by juice making companies while a threat to soft drink manufacturers.

IMPORTANCE OF BUSINESS ENVIRONMENT

1. Identification of opportunities to get first mover advantage: Understanding of business environment helps an organization in identifying advantageous opportunities and getting their benefits prior to competitors, thus reaping the benefits of being a pioneer.

2. Identification of threats: Correct knowledge of business environment helps an organization to identify those threats which may adversely affect its operations. For example, Bajaj Auto made considerable improvements in its two wheelers when Honda & other companies entered the auto industry.

3. Tapping useful resources: Business environment makes available various resources such as capital, labour, machines, raw material etc. toa business firm. In order to know the availability of resources and making them available on time at economical price, knowledge of business environment is necessary.

4. Coping with Rapid changes: Continuous study/scanning of business environment helps in knowing the changes which are taking place and thus they can be faced effectively.

5 . Assistance in planning and policy formulation: Understanding and analysis of business environment helps an organization in planning &policy formulation. For example, ITC Hotels planned new hotels in India after observing boom in tourism sector.

Helps in Improving performance: Correct analysis and continuous monitoring of business environment helps an organization in improving its performance.

Economic Environment in India

As a part of economic reforms, the Government of India announced New Economic Policy in July 1991 for taking out the country out of economic difficulty and speeding up the development of the country.

Main features of NEP, 1991 are as follows:

1. Only six industries were kept under licensing scheme.

2 . The role of public sector was limited only to four industries.

3. Disinvestment was carried out in many public sector enterprises.

4. Foreign capital/investment policy was liberalized and in many sectors100% direct foreign investment was allowed.

5. Automatic permission was given for signing technology agreements with foreign companies.

6. Foreign investment promotion board (FIPB) was setup to promote & bring foreign investment in India.

7. Various benefits were offered to small scale industries.

The three main strategies adopted for the above may be defined as follows:

1. Globalisation: • Integrating the economy of a country with the economies of other countries to facilitate freer flow of trade, capital, persons and technology across borders. It leads to the emergence of a cohesive global economy. • Till 1991, the Government of India had followed a policy of strictly regulating imports in value and volume terms. These regulations were with respect to (a) licensing of imports, (b) tariff restrictions and (c) quantitative restrictions. • NEP ‘91 advocated rapid advancement in technology and directed trade liberalization towards:

a. Import Liberalisation

b. Export promotion towards rationalization of the tariff structure and

c. Reforms w.r.t foreign exchange 2. Liberalisation: = Liberalising the Indian business and industry from all unnecessary controls and restrictions. That is relaxing rules and regulations which restrict the growth of the private sector and allowing the private sector to take part in economic activities that were earlier reserved for the government sector. The steps taken for this were: a. Abolishing licensing b. Freedom in deciding the scale of operations c. Removal of restrictions on movement of goods and services. d. Freedom in fixing prices. e. Reduction in tax rates and unnecessary controls f. Simplifying procedures for import and exports g. Making it easy to attract foreign capital.

3. Privatization:

• Refers to the reduction of the role of the public sector in the economy of a country.

• Transfer of ownership and control from the private to the public sector (disinvestment) can be done by : a. Sale of all/some asses of the public sector enterprises. b. Leasing of public enterprises to the private sector. c. Transfer of management of the public enterprise to the private sector. • To achieve privatization in India, the government redefined the role of the public sector and –

a. Adopted a policy of planned disinvestment of the public sector

b. Refer the loss making and sick units to the Board of Industrial and Financial Reconstruction (BIFR)

DIMENSIONS/COMPONENTS OF BUSINESS ENVIRONMENT

1. Economic Environment: It has immediate and direct economic impact on a business. Rate of interest, inflation rate, change in the income of people, monetary policy, price level etc. are some economic factors which could affect business firms. Economic environment may offer opportunities to a firm or it may put constraints.

2. Social Environment: It includes various social forces such as customs, beliefs, literacy rate, educational levels, lifestyle, values etc. Changes in social environment affect an organization in the long run. Example: Now a days people are paying more attention towards their health, as a result of which demand for mineral water, diet coke etc. has increased while demand of tobacco, fatty food products has decreased.

3. Technological Environment: It provides new and advance ways/techniques of production. A businessman must closely monitor the technological changes taking place in the industry as it helps in facing competition and improving quality of the product. For Example, Digital watches in place of traditional watches, artificial fabrics in place of traditional cotton and silk fabrics, booking of railway tickets on internet etc.

4. Political Environment: Changes in political situation also affect business organizations. Political stability builds confidence among business community while political instability and bad law & order situation may bring uncertainty in business activities. Ideology of the political party, attitude of government towards business, type of government-single party or coalition government affects the business Example: Bangalore and Hyderabad have become the most popular locations for IT due to supportive political climate.

5. Legal Environment: It constitutes the laws and legislations passed by the Government, administrative orders, court judgements, decisions of various commissions and agencies. Businessmen have to act according to various legislations and their knowledge is very necessary. Example: Advertisement of Alcoholic products is prohibited and it is compulsory to give statutory warning on advertisement of cigarettes.

MAJOR STEPS IN ECONOMIC FORMS

1. New Industrial Policy – Under this the industries have been freed to a large extend from licences and other controls. Efforts have been made to encourage foreign investment.

2. New Trade Policy – The Foreign trade has been freed from the unnecessary control. The age old restrictions have been eliminated.

3. Fiscal Reforms. The greatest problem confronting the Indian Govt. is excessive fiscal deficit.

(a) Fiscal Deficit – It means country is spending more than its income

(b) Gross Domestic Product (GDP) – It is the sum total of the financial value of all goods & services produced in a year in a country.

4. Monetary Reform – It is a sort of control policy through which the central bank controls the supply of money with a view to achieving objectives of general economic policy.

5. Capital Market Reforms- The Govt. has taken the following steps for the development of this market:

(1) SEBI has been established.

(2) The restriction in respect of interest on debentures has been lifted.

(3) Private Sector has been permitted to establish Mutual Fund.

6. Dismantling Price control – The govt. has taken steps to remove price control in many products especially in fertilizers, iron and steel, petro products. Restrictions on the import of these things have also been removed.

IMPACT OF GOVERNMENT POLICY CHANGES ON BUSINESS AND INDUSTRY

1. Increasing Competition: De-licencing and entry of foreign firms Indian market is increased the level of competition for Indian firms.

2. More Demanding Customers: Now customers are more aware and they keep maximum information of the market as the result of which now market is customer/buyer oriented, Now, products are produced keeping in mind the demands of the customers.

3 . Rapid Changing Technological Environment: Rapid Technological advancement has changed/improved the production process as a result of which maximum production is possible at minimum cost but it leads to tough challenges in front of small firms.

4 . Necessity for Change- After New Industrial. Policy the market forces (demand & supply) are changing at a very fast rate. Change in the various components of business environment has made it necessary for the business firms to modify their policies & operations from time to time.

5 . Need for Developing Human Resources: The changing market conditions of today requires people with higher competence and greater commitment, hence there is a need for developing human resources which could increase their effectiveness and efficiency.

6. Market Orientation: Earlier selling concept was famous in the market now its place is taken by the marketing concept. Today firms produce those goods & services which are required by the customers. Marketing research, educational advertising, after sales services have become more significant.

7. Reduction in budgetary Support to Public Sector: The budgetary support given by the government to the public sector is reducing thus the public sector has to survive and grow by utilising their own resources efficiently.

CBSE Class-12 Revision Notes and Key Points

CBSE quick revision note for class 12 Business Studies, Chemistry, Maths, Biology and other subject are very helpful to revise the whole syllabus during exam days. The revision notes covers all important formulas and concepts given in the chapter. Even if you wish to have an overview of a chapter, quick revision notes are here to do if for you. These notes will certainly save your time during stressful exam days.

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business environment project class 12 topics

CBSE Class 12 Business Studies Viva Questions

Author : Palak Khanna

Updated On : September 16, 2023

Summary: Acquaint yourself with the preparation process and sample CBSE Class 12 Business Studies Viva Questions to face the oral examination with confidence. 

The project viva examination forms a pivotal part of CBSE Class 12 Business Studies Project assessment.  

While the written project work showcases your research, the viva tests your understanding and clarity of thought regarding your chosen project topic and the subject at large. 

This article covers the preparation process, a possible list of sample CBSE Class 12 Business Studies Viva Questions and its marking scheme.

Download Free Study Material for CBSE Exam 2024 by SuperGrads

CBSE Class 12 Business Studies Viva Questions Preparation Process 

Viva questions for 12th business studies preparation process are as follows - 

  • Thorough Review: Begin by revisiting your project. Understand each section deeply, from objectives to conclusions. 
  • Stay Updated: Ensure you're abreast with any recent developments or news related to your project topic. 
  • Mock Viva: Have a peer or teacher conduct a mock viva for you. It can help you anticipate possible questions. 
  • Deepen Subject Knowledge: Go beyond the project. Read the corresponding chapters from your textbook to understand the broader context. 
  • Be Confident: Remember, the examiner is interested in your understanding, not your memorization. Clarity of thought is key. 
  • Know in and out of the project: Prepare the project topic thoroughly and all possible CBSE class 12 business studies viva questions and answers for the project topic.  

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15 Sample CBSE Class 12 Business Studies Viva Questions 

Check the  Class 12 Business Studies Important Questions  below - 

  • Can you briefly explain the objective of your project? 
  • How did you select this particular topic for your project? 
  • Which research methodology did you adopt and why? 
  • What challenges did you face while gathering data for your project? 
  • How do you think the findings of your project can benefit businesses or the community? 
  • Were there any ethical considerations you had to bear in mind during your research? 
  • How does your project correlate with the theoretical concepts you learned in class? 
  • If you were to extend this project further, what areas would you focus on? 
  • How do you see the real-world applicability of your project's findings? 
  • What was the most surprising thing you learned while working on this project? 
  • How can businesses/organizations implement your recommendations? 
  • Can you relate your project findings with any current business trends or news? 
  • How does technology play a role in your project topic? 
  • If you had more time, what additional aspects would you have covered in your project? 
  • How has this project influenced your perspective on business studies and its practical applications? 

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Class 12 Business Studies Project Topics CBSE Marking Scheme 

The allocation of Marks for the Class 12 Business Studies Project is 20 Marks.  

The marks will be allocated under the following heads: 

Check:   Class 12 Business Studies Sample Papers

Conclusion 

CBSE Class 12 Business Studies Viva Questions is not just an assessment but an opportunity to showcase your grasp of the subject. With adequate preparation and a genuine understanding of your project, you can effectively communicate your insights and leave a lasting impression on the examiner. 

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business environment project class 12 topics

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September 16, 2023

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ANTI PLASTIC CAMPAIGN PROJECT BUSINESS ENVIRONMENT

In this post we are sharing with you of the topic anti plastic campaign project on business environment , for business studies class 12 cbse in brief..

The project is attractive and made completely as per CBSE guidelines

BUSINESS ENVIRONMENT

Business Environment consists of all those factors that have a bearing on the business. Business environment is broadly categorized into two categories:

  • INTERNAL ENVIRONMENT

Internal environment refers to the factors internal to the firm i.e., factors existing within business firm. These factors are generally controllable because the company has control over them and determine the potential of a company to meet the environment challenges

  • EXTERNAL ENVIRONMENT

External environment refers to external aspects of the surroundings of business enterprise, which have influence on the functioning of business.

INTRODUCTION TO ANTI PLASTIC CAMPAIGN

Plastic is all around us. It forms much of the packaging for our food and drink. For many of us, it is throughout our home, our workplace, our car, the bus we take to and from work. It can be in our clothing, eyeglasses, teeth, toothbrush, computers, phones, dishes, utensils, toys. Excessive use of plastic in our day to life finally led to the starting of Anti Plastic Campaign.

WHAT IS PLASTIC AND WHERE DOES IT COME FROM

Plastics are Polymers, which are basically substances or molecules made up of many repeating molecular units, known as monomers. Monomers of hydrogen and carbon are linked together in long chains to form plastic polymers. The raw hydrocarbon material for most synthetic plastics is derived from petroleum, natural gas or coal.

EFFECT OF PLASTIC ON ENVIRONMENT

Various effects of plastics on our environment and society are as follows

  • Plastic is pervasive.
  • Plastic Pollute
  • Marine life is affected by plastics.
  • Environmental Problems
  • Health Problems

USES OF PLASTIC

The versatility of plastic materials comes from the ability to mold, laminate or shape them, and to tailor them physically and chemically. There is a plastic suitable for almost any application. Plastics do not corrode, though they can degrade in UV (a component of sunlight) and can be affected by solvents – for example PVC plastic is soluble in acetone.

PURPOSE OF ANTI PLASTIC CAMPAIGN

  • Provide ways for public to make a difference- reduce, reuse, recycle.
  • Inform public with most updated information about the anti-plastic issues
  • Communicate with the public one-on-one to promote grass root organization

RECOMMENDATION OF ANTI PLASTIC CAMPAIGN

  • Avoid the worst common plastics Polyvinyl Chloride, Polystyrene and Polycarbonate
  • Refuse plastic bags and bring your own reusable bags wherever you go – heck, while you’re at it, REFUSE all single-use disposable plastics

  PLASTIC RECYCLING IS A MYTH

Plastic cannot be recycled.  More accurately, plastic is merely donwcycled. This means that you can only turn one plastic item into a lower grade plastic product, and NOT in perpetuity as the classic recycling symbol suggests.  Most often, you just extend the life of the plastic product for one iteration until it gets trashed.

STATUS OF ANTI PLASTIC CAMPAIGN

In India the use of plastic bags has been banned in the following states:-Bengaluru /Bangalore (Ban on plastics in Bengaluru was imposed from mid march 2016), Maharashtra, Delhi, Punjab, Rajasthan, Himanchal Pradesh, Goa and West Bengal and many states are under process of implementing the same.

ALTERNATIVES OF PLASTIC BAGS

  • Reusable shopping bags
  • Plastic Additives
  • Biodegradable plastics

CONCLUSION AND OPINION

HSC Projects

Business Studies Project Topics For Class 12

Business Studies Project topics for Class 12. We have the most comprehensive list of topics & ideas for Principles of Management & more. Download our PDFs now

  • Marketing Management Project On Sunglasses For Class – 12
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  • Marketing Management of Energy Drink – Business Studies Project
  • Marketing Management – Washing Powder
  • Marketing Management of Beverages – Business Studies Project
  • Marketing Management – Mobile Phones
  • Marketing Management Project – Fruit Juice
  • Project On Marketing Strategies For Skin Care Products For Class 12
  • Project on product life cycle in marketing management
  • Project On Marketing Mix Of Jewellery For Class 12
  • Principle Of Management Project On Cloth Shop For Class 12
  • Business Studies Project On Marketing Of Diapers For class 12
  • Project On Business Plan on Chocolate for Class 12 CBSE

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  1. Business Studies Class 12 Project Topics & Samples

    Here are the best BST project class 12 topics: Marketing Management Elements of Business Environment Principles of Management Project in Business Studies Stock Exchange Consumer Protection Also Read: Controlling Class 12: Important Revision Notes Marketing Management

  2. Business Environment Project Class 12, Element, Topic

    External Factors Internal Factors Business Environment The business environment is the collection of factors like employees, clients, supply and demand, management, clients, suppliers, investors, and a lot more. Business Environment affects the working of a company.

  3. Business Environment project class 12 cbse

    Education PROJECT WORK IN THE SUBJECT OF BUSINESS STUDIES ON THE TOPIC "BUSINESS ENVIRONMENT" AS THE PARTIAL FULFILLMENT OF AISSCE, MARCH 2018 CONDUCTED BY CBSE. This project contains the information regarding the accountancy project which is to be made by the students of class 12th boards...

  4. CBSE Class 12 Business Studies Project Topics 2024

    CBSE Class 12 Business Studies project topics 2024 includes the Elements of Business Environment, Principles of Business Management, Stock Exchange, and Marketing. The project report for CBSE 12th board exams carries 20 marks. The students are helped by the teachers in the selection of the project topics.

  5. CBSE Class 12 Business Studies Project 2023-24

    Download What are the CBSE Class 12 Business Studies Project Topics 2023-24? CBSE Board has assigned the 4 important Business Studies Class 12 Project Topics to the class 12th Commerce Students. Students need to choose any 1 out of 4 Topics. The topics are given below: Elements of Business Environment (Book-I) Principles of Management (Book-I)

  6. CBSE Class 12 Business Studies Project Topics

    CBSE business studies project for class 12 topics - Project One: Elements of Business Environment Topics for business studies project for class 12 CBSE- Project Two: Principles of Management Business studies marketing project topics for class 12 CBSE Project Three: Stock Exchange

  7. Business Studies Project for Class 12

    Class 12 Business Studies project in the principle of management is one of the important topics for business studies. However, a few students would be apprehensive about how and what to prepare a project. This dilemma of how to accomplish the project work drives to an issue of copying projects from peers.

  8. Business Environment Project

    As per the video, You will just get an idea of making Business Studies Project on Business Environment.•Business Studies Project • For Class 12• As per CBSE ...

  9. CBSE Class 12 Business Studies Project Guide (2023-24)

    Class 12th CBSE Business Studies Project Work Ideas 2023-24. The project of Business Studies is an important part of the syllabus. It is of 20 marks in total and consists of a report file and a viva exam. CBSE has assigned 4 important topics for the Class 12 Business Studies Project. They can make a project on any one topic mentioned below-

  10. Business Project Class 12

    Following are the essential guidelines for preparation and submission of Business studies Project for Class 12. Content of the Project should be handwritten The project should be handwritten and not typed and printed. Neat and legible Handwriting Handwriting should be legible and no scribbling or cutting should be there.

  11. Business Studies Projects: Class 12 CBSE

    Here's how to create a Business Studies class 12 project (BST project) on various topics such as principles of management, elements of business environment, marketing management, principels of management, stock exchange, consumer protection, and more. GET INSTANT HELP FROM EXPERTS!

  12. Business Studies Class 12 Project Topics & Samples

    Click here to download the official CBSE Class 12 Business Project Topics CBSE Class 12 BST Projects Topics 2022-23 Here live the best BST request course 12 subjects: Marketing Management Elements of Business Environment Principles of Management Your in Business Studies Stock Exchange Consumer Guard Market Betriebsleitung

  13. Business Environment Project File Class 12| Business ...

    For Clear Pictures use this link- https://youtu.be/V86i2kCWrwIProjects Playlist - https://www.youtube.com/playlistlist=PLAxciooZTrO32Wxe1CI7yOZaeCw_n4xpGBus...

  14. Important guidelines for business studies project for class 12 cbse

    Project work is an integral part of exam preparation for Class 12 CBSE students. In Business Studies, students are required to do project work on a topic related to marketing, business environment, the principles of management, or the stock exchange.

  15. Topics of Business Studies Project Work

    CBSE Exam, class 12. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket

  16. Business Environment class 12 Notes Business Studies

    4. Dynamic: Business environment is dynamic in nature which keeps on changing with the change in technology, consumer's fashion and tastes etc. 5. Uncertainty: Business environment is uncertain as it is difficult to predict the future environmental changes and their impact with full accuracy. 6.

  17. Business Studies Class 12 Project Topics & Samples

    In diese topic of that Business Studies class 12 project, given below are the important elemsents of the business environment: Changes witnessed in packaging and economic impact over of last less years in relation to related like fruits real vegetables, plastic/wooden furniture, dairy, reapplication of packages, packages as a does is ...

  18. CBSE Class 12 Project Topics & Samples For Commerce

    65. Project on Bitcoin the New Revolution in Digital Currency for class 12th cbse. 66. Marketing Management project on Refined oil for class 12 cbse. 67. project on Business plan and market survey for class 12 cbse. 68. marketing management project on cars manufacturing for class 12 cbse.

  19. CBSE Class 12 Business Studies Viva Questions

    Viva questions for 12th business studies preparation process are as follows -. Thorough Review: Begin by revisiting your project. Understand each section deeply, from objectives to conclusions. Stay Updated: Ensure you're abreast with any recent developments or news related to your project topic. Mock Viva: Have a peer or teacher conduct a mock ...

  20. Anti Plastic Campaign Project Business Environment

    In this post we are sharing with you of the topic anti plastic campaign project on Business Environment , for Business Studies Class 12 CBSE in Brief. The project is attractive and made completely as per CBSE guidelines GET THE COMPLETE PROJECT FOR FREE CHECK OTHER PROJECTS BUSINESS ENVIRONMENT

  21. Business Studies Project on Business Environment for class 12

    ⏩Business studies project📖⏩Class 12th Commerce⏩As per CBSE Guidelines⏩Topic : Business Environment⏩Made by : Pankaj ChanderLike👍 / Subscribe 🔔 / Share ...

  22. Business Studies Project Topics For Class 12

    Marketing Management of Watches Marketing Management Project on Chocolate - Class 12 Marketing Management Project on Eyeliner - CBSE Class 12 Marketing Management of Energy Drink - Business Studies Project Marketing Management - Washing Powder Marketing Management of Beverages - Business Studies Project Marketing Management - Mobile Phones