The Importance of Business studies

The Importance of Business studies

The Importance of Business studies

Business is an economic activity which is related with continuous and regular production of goods & services for satisfying human wants. Business activity affects the daily lives of all human as they work, spend, save, invest, travel, and play. It influences jobs, incomes, and opportunities for personal enterprise. Business has a significant effect on the standard of living and quality of life of human, and on the environment in which they live and which future
generations will inherit.

Eventually, all students will encounter the world of business, whether they work in urban or rural areas. They must be prepared to engage in business activity with confidence and competence. Young people need to understand how business functions, the role it plays in our society, the opportunities it generates, the skills it requires, and the impact it can have on their own lives and on society, today and in the future.

This subject will build a strong foundation for those who wish to move on to further study and training in specialized areas such as management, international business, marketing, accounting information and communication technology, or entrepreneurship. It will also
provide practical skills for those who wish to move directly into the workplace.

The business study helps in selecting a career. In the Indian context today, employment in the Government and the public sectors has become very difficult. Study of business and business management assumes great importance, as self-employment and entrepreneurship are the order of the day, especially, in view of India opening up its markets to the world. The practical methods in teaching business studies courses to enrich and enhance learning experience of students are: Case study That gives the clear knowledge about the Business tactics needed when the student goes to the field. Role-play one of the modern techniques used to inculcate the real Internalization of the character and situation group based projects: create

Opportunities for students to work on problems in the real world. Teachers make the projects relevant to the world outside the classroom, and help the students to see and understand the connections between classroom activities and the world of work. Peer tutoring Peer tutoring is the process by which a student with guidance from a teacher, helps one or more students
at the same grade level leam a skill or concept. Through this method the students will learn team skills, public relations. Classroom group discussions Classroom discussion can be a very powerful tool for student and teacher learning. Good discussions start with advance planning. Students know the ground rules for participation and respect each other’s contributions.

So these few techniques can be used to teach Business Studies to the students, all these techniques are learner oriented and give them the practical knowledge of the subject. They develop their own perspective about the subject in the school
learning environment.