Friday, March 25, 2016
Sunday, March 20, 2016
Wednesday, March 02, 2016
BUSINESS STUDIES PAPER 2016 – TIPS TO SCORE HIGH MARKS
BUSINESS STUDIES PAPER 2016 – TIPS TO SCORE HIGH MARKS
Precautions While Writing the Exam
1. During the extra 15 minutes time allotted for reading the paper, identify the questions which you can attempt easily and make a mental note of the points.
2. Attempt the long questions first and HOTS at the end.
3. Use black pen for writing heading or subheading or underline them.
4. Stick to the word limits. This is possible if you write to the point.
5. Follow a proper time estimate for each question. Many students spend a lot of time on the first few questions and then make haste at the end, which is an ineffective approach.
6. If possible, complement with figures, diagrams and flowcharts to illustrate your answers. Normally, this results in better scores. Again, be conscious of the clock.
7. Do not leave any question unattempted, even if you are not sure of the answer or it seems to be out of syllabus.
8. Present the questions and answers on differences and similarities in a tabular form. Examiners always appreciate a small heading for each difference/similarity.
9. Avoid writing the answers in paragraphs. It is better to write in points and highlight keywords or value points.
10. Support your answers with latest examples especially in questions relating to Business Environment and Marketing.
11. The subject ‘Business studies’ is not confined to rote-learning; rather students must focus on concept clarity.
12. While attempting Case Problems/Evaluation Questions, statement of question should be read first and it will help you find key words relating to question.
13. Hots questions should be thoroughly read to arrive at the best possible answer
14. Leave two lines after each answer.
15. Unless instructed to the contrary, the questions carrying 3, 4, 5 and 6 marks should be attempted with three, four, five and six points, respectively. However, where a Process is asked, all points of process must be explained irrespective of marks allotted. In this case, stick to the word limit.
16. One marker question should be attempted with one word or one sentence.
17. Average word limit of 20–25 words (about two to three lines) for each point in a question carrying 3 marks. Total word limit about 75 words.
18. Average word limit of 30 words (about three lines each) for each point in a question carrying 4 marks with four points should be used. Total word limit about 120 words.
19. Average word limit of 35 words (about three to four lines each) for each point in a question carrying 5 marks with five points should be used. Total word limit 150 words.
20. Average word limit of 35 words (about three to four lines) for each point in a question carrying 6 marks with six points or 50 words (about five to six lines) for each point in a question carrying 6 marks with four points should be used. Total word limit 200 words.
21. In application-based questions and HOTS questions, be brief and stick to what is asked.
22. Teachers today look more for value points rather than word limits.
23. Learn to identify the concepts by quoting the lines.
BEST WISHES
R. K. MAHAJAN
Ph: 9810003854
Precautions While Writing the Exam
1. During the extra 15 minutes time allotted for reading the paper, identify the questions which you can attempt easily and make a mental note of the points.
2. Attempt the long questions first and HOTS at the end.
3. Use black pen for writing heading or subheading or underline them.
4. Stick to the word limits. This is possible if you write to the point.
5. Follow a proper time estimate for each question. Many students spend a lot of time on the first few questions and then make haste at the end, which is an ineffective approach.
6. If possible, complement with figures, diagrams and flowcharts to illustrate your answers. Normally, this results in better scores. Again, be conscious of the clock.
7. Do not leave any question unattempted, even if you are not sure of the answer or it seems to be out of syllabus.
8. Present the questions and answers on differences and similarities in a tabular form. Examiners always appreciate a small heading for each difference/similarity.
9. Avoid writing the answers in paragraphs. It is better to write in points and highlight keywords or value points.
10. Support your answers with latest examples especially in questions relating to Business Environment and Marketing.
11. The subject ‘Business studies’ is not confined to rote-learning; rather students must focus on concept clarity.
12. While attempting Case Problems/Evaluation Questions, statement of question should be read first and it will help you find key words relating to question.
13. Hots questions should be thoroughly read to arrive at the best possible answer
14. Leave two lines after each answer.
15. Unless instructed to the contrary, the questions carrying 3, 4, 5 and 6 marks should be attempted with three, four, five and six points, respectively. However, where a Process is asked, all points of process must be explained irrespective of marks allotted. In this case, stick to the word limit.
16. One marker question should be attempted with one word or one sentence.
17. Average word limit of 20–25 words (about two to three lines) for each point in a question carrying 3 marks. Total word limit about 75 words.
18. Average word limit of 30 words (about three lines each) for each point in a question carrying 4 marks with four points should be used. Total word limit about 120 words.
19. Average word limit of 35 words (about three to four lines each) for each point in a question carrying 5 marks with five points should be used. Total word limit 150 words.
20. Average word limit of 35 words (about three to four lines) for each point in a question carrying 6 marks with six points or 50 words (about five to six lines) for each point in a question carrying 6 marks with four points should be used. Total word limit 200 words.
21. In application-based questions and HOTS questions, be brief and stick to what is asked.
22. Teachers today look more for value points rather than word limits.
23. Learn to identify the concepts by quoting the lines.
BEST WISHES
R. K. MAHAJAN
Ph: 9810003854
IMPORTANT TOPICS FOR BST EXAMINATION MARCH 03,2016
IMPORTANT TOPICS FOR BST EXAMINATION MARCH 03,2016
1. Learn concepts, headings and subheadings
2. Go through once the Latest Sample Paper.
3. Focus on confusing topics like:
(a) Management as an Art as well as Science, management is a full-fledged profession, management is impure/inaccurate/inexact science
(b) Principle of Order, Discipline, Authority & Responsibility. Confusion prevails in Equity Vs Remuneration, Unity of Command Vs Unity of Direction, Centralisatiion Vs. Decentralisation and Iinitiative Vs. Team Spirit, If principle of management is asked, you may write either of Fayol’s or Taylor’s applicable principle.
(c) Managerial Response – a new topic added for 2016 examination, emphasis on understanding political, economic and social environment. Apply cause and effect relationship to attempt such questions. Cause is the appropriate answer.
(d) Types of Plans – especially objectives, strategy, policy and programme
(e) Identification of appropriate structure: normally for single line of product, functional structure and for multiple line of products, divisional is suitable but if two different production units are required for single line of production, appropriate answer would be divisional.
(f) Understanding Delegation Vs Decentralisation
(g) Barriers to Communication (i.e. Personal and Psychological barriers in communication
(h) Differentiation between monetary and non-monetary incentives like job security. Security relates to economic, social and physical.
(i) Identification of Maslow’s Self Actualization Needs and Self Esteem Needs
(j) Staffing Process is different from Selection Process
(k) Factors affecting fixed capital management / investment decisions and capital budgeting decisions are same thing
(l) Factors affecting choice of capital structure (deciding proportion between debt or equity) while raising funds are different from factors affecting capital budgeting decisions/investment/fixed capital decisions - relate to acquiring non-current assets.
(m) Factors affecting financing decisions (refer to factors deciding to go for equity or debt or both) are different from the factors affecting choice of capital structure
(n) Factors affecting capital budgeting/ investment/fixed capital decisions are different from factors affecting requirement of fixed capital (deciding the value of investment in non-current assets)
(o) Trading on Equity, Trading procedure from new ncert, Public Relations from new ncert , functions/role of PR should be differentiated from Objective of PR
(p) Pay in day and Pay out Day, Depository, working of demat account, depository participants
(q) Differentiate regulatory and protective functions of SEBI
(r) Need to differentiate - Functions of channels of distribution (sorting, accumulation, allocation, assorting, product promotion, negotiation and risk taking); Factors determining Choice of channels (Product related factors, market related factors, Company related factors, Competitive Factors and Environmental Factors) and Components of physical distribution (order processing, transportation, warehousing and inventory control)
(s) Find out common points of fixed capital and working capital requirements like, nature of business, scale of operations and growth prospects.
(t) Functions of financial market and stock market may be used interchangeably
(u) Sales Promotion Techniques (i.e. rebate, discount, product combination)
(v) Consumer rights especially right to be heard and right to seek redressal and three type of redressal agencies
All the Best
Rajesh Kumar Mahajan
Sunday, January 03, 2016
Friday, January 01, 2016
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