Business Studies and Its Applications Simplified by Extramarks

Posted by Anand on September 17th, 2019

Business as a field of study is very practical and useful. It is the study of applying ideas to create or add value to a product or service in order to generate a profit for the future. Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems in real-time. The business also involves people like customers and employees so the communication and interpersonal skills are vitally important. The subject of business studies helps in developing a sturdy foundation for those people who wish to get specialized training and study in specific business areas, like management, information and communication technology, entrepreneurship, marketing, international business, accounting or finance. Business Studies for Class 12 develop practical skills for those individuals who are studying individuals, organizations, and communities and who are assessing their problems and realizing the country’s economic issues and work towards generating solutions. Business studies make students prepared for the practical setting of subjects that include science and technology, language, social studies, and mathematics, in fact, the world and all its sciences on a whole. Business studies help a student identify the importance of these subjects as they get applied in the sphere of business in future. You might have different passions like making videos, designing buildings, or playing basketball. Whatever your skill set and interests, there’s a business side to the passion you want to pursue. Think about it as if the business is part of the language we use when we talk about the entertainment industry, project financing, and sports marketing. Everything has a “business” side as every industry needs accountants, marketers, managers, financial analysts, and technology support staff and a lot more. To sum it up in other words, business majors are needed. The examples of business studies surround you from everywhere like if you look at a person who is a CEO or one who is employed in a big multinational corporation, you can understand how the knowledge of business studies can help take an individual higher in his career. Business studies are identified as remarkable course study and there are 5 vital areas; IT, Marketing, Finance, HR, and Operations. Each of these areas much come together to make a business highly successful and that is what exactly Business Studies tries to teach you. Download the Extramarks app now to explore Business Studies Class 12 and excel the subject with a perfectly balanced scorecard.