Business studies is a field of study that deals with the principles of business , management, and economics. It is taught in various countries under different names and qualifications, and covers topics such as finance, marketing, operations, and strategic management. The course in Business Studies prepares students to analyse, manage, evaluate and respond to changes which affect business . It provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces. The National Institute of Open Schooling (NIOS) formerly known as National Open School (NOS) was established in November 1989 as an autonomous organization in pursuance of National Policy on Education 1986 by the Ministry of Human Resource Development (MHRD), Government of India. NIOS is providing a number of Vocational, Life Enrichment and community oriented courses besides General and Academic Courses at Secondary and Senior Secondary level. It is an ‘Open School’ to cater to the needs ... Understand the importance of business studies , covering key concepts in management, economics, marketing, and finance for aspiring entrepreneurs and professionals.
