NCERT Books Class 12 Business studies Chapter 2- Principles of Management

Safalta Expert Published by: Noor Fatima Updated Thu, 14 Jul 2022 02:59 PM IST

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Here is the information about NCERT Books Class 12 Business studies Chapter 2. You can give a read to this blog and get PDFs of the subject.

NCERT Books Class 12 Business studies Chapter 2- Principles of Management is accessible here for download purposes. You can download the PDF for and learn from the book anytime you want.

Students who are studying in Class 12 and candidates who are preparing for competitive exams can download the PDF for NCERT Books Class 12 Business studies Chapter 2- Principles of Management to learn from the reading material.  

Taking these course books as a reference can be really helpful to prepare for any sought exam. You can keep the digital form of the book handy and learn from it without any time constraints.

When you don't have access to a physical copy, digital NCERT Books Class 12 Business Studies pdf are always useful.

Table of Content-
Topics Covered
Starting of the Chapter
Glimpses of the Chapter
PDF Link


NCERT Books Class 12 Business studies Chapter 2- Principles of Management  is available here. You may find links to Class 12 Business Studies Notes, NCERT Solutions, Important Questions, Practice Papers, and more after each chapter.

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Scroll down for crucial study materials on the Principles of Management from the NCERT Book Class 12 Business Studies Book.

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Here, you can learn the NCERT Books Class 12 Business studies Chapter 2- Principles of Management. Moreover, you can get the links for other chapters to download the links. 

The Chapter contains-

  • The concept of Principles of Management
  • Nature of Principles of Management
  • Significane of Principles of Management
  • Taylor's Scientific Management 
  • Principles of Scientific Management
  • Techniques of Scientific Management
  • Fayol's Principles of Management
  • Fayol Vs Taylor: A Comparison
 

Principles of Management Goes Like This-

L E A R N I N G O B J E C T I V E S
  • After studying this chapter, you should be able to-
  • State the meaning, nature and significance of principles of management
  • Explain Taylor’s principles and techniques of Scientific Management
  • Explain Fayol’s principles of management
Guiding Principles of Toyota Motor Corporation

Toyota follows certain well-defined business principles guiding its functioning. These are-
  1. Honour the language and spirit of law of every nation and undertake open and fair corporate activities to be a good corporate citizen around the world.
  2. Respect the culture and customs of every nation and contribute to economic and social development through corporate activities in local communities.
  3. To provide clean and safe products and to enhance the quality of life everywhere.
  4. Create and develop advanced technologies and provide outstanding products and services that fulfil the needs of customers worldwide.
  5. Foster a corporate culture that enhances individual creativity and teamwork value, while honouring mutual trust and respect between management and labour.
  6. Pursue growth and harmony with global community through innovative management
  7. Work with business partners in research and creativity to achieve stable, long-term growth and mutual benefits and be open to new partnerships. These principles, will guide the company in its global vision 2010. This global vision envisages continuous innovations in future, use of environment friendly technologies, respecting and working with different sections of society and establishing an interactive relationship with society. 
It is clear from the foregoing case that managerial pursuits at Toyota Motor Corporation are driven by principles that serve as broad guidelines for stating the vision as well as the ways to achieve it. Similarly, many other business enterprises have followed various principles in their working over a period of time. A number of management thinkers, and writers have also studied principles of management from time-to-time. In fact, there is a long history of management thought. Management principles have evolved and are in the continuous process of evolution. (see box.) 

You can see that the evolution of management thought has been very fascinating. In this chapter we will study the contributions of Fredrick Winslow Taylor and Henri Fayol who as you have read are associated with the classical management theory. Both of them contributed immensely towards the study of management as a discipline. Whereas F.W. Taylor was an American mechanical engineer, Henri Fayol was a French mining engineer. Taylor gave the concept of ‘Scientific Management’ whereas Fayol emphasised ‘Administrative Principles’.

But before we go into the details of their contributions let us study the meaning of the principles of management. 


Some Glimpses of the Chapter are-

 



NCERT Books Class 12 Business studies Chapter 2- Principles of Management - PDF Download

Chapter 2- Principles of Management
 

Where can you download 'Principles of Management' PDF?

Candidates can download NCERT Books Class 12 Business studies Chapter 2- Principles of Management PDF for free on our page. Links are given below.

Chapter 2- Principles of Management

What is 'Principles of Management' all about?

The Chapter contains-
  • The concept of Principles of Management
  • Nature of Principles of Management
  • Significane of Principles of Management
  • Taylor's Scientific Management 
  • Principles of Scientific Management
  • Techniques of Scientific Management
  • Fayol's Principles of Management
  • Fayol Vs Taylor: A Comparison

Is NCERT enough for Business Studies Class 12?

Yes, these are. The book can also assist in dispelling uncertainties. Studying from the NCERT Class 12 Books Accountancy also has the following advantages:
  • The NCERT Books Class 12 Business studies provides students with in-depth knowledge of accounting.
  • The course books include illustrations that might aid students in comprehending the chapters.
  • These books can aid learners in independent study

Are CBSE Books for Class 12 Business Studies significant for board exams?

For higher courses and board exams, the chapters in the CBSE Books for Class 12 Business studies are essential. For Class 12 Accountancy, students should read the chapter provided in the CBSE books. These examples and drill questions can help you get high marks.
 
We offer practice test questions to assist you sharpen your exam preparations and earn top grades. E-books can also be downloaded if you want to prepare even more thoroughly.
 

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