Commercial Applications
Commercial Applications
Candidates offering Commercial Studies (Group II) are not eligible to offer
Commercial Applications (Group III).
CLASS X
There will be one written paper of two hours duration carrying 100 marks and Internal Assessment of 100 marks.
1. Understanding the basics of Markets and (e) Sales; qualities of a good salesman.
Marketing Sales including the difference between
marketing and sales; Methods of selling,
(a) Definition of markets and marketing – with qualities of a good salesman.
examples from consumer goods, consumer
services. 2. Understanding Finance
A clear understanding of markets (wherever a (a) Elementary understanding of Generally
buy and sell takes place is a market); Accepted Accounting Principles (GAAP).
examples of non-traditional markets such as GAAP to be explained - Entity concept,
catalogues, direct sales, tele-markets, etc. duality concept, money-measurement
Definition and stages of marketing. Types of concept, going concern concept.
markets. (b) Principles of Financial accounting and
(b) Product and Service reporting – receipt and payment account,
Meaning and difference between a product income and expenditure account; balance
and a service (with examples); features and sheet.
types of products and services. Meaning, features and uses of receipt and
(c) Understanding 4 ‘P’s– Product, Price, Place payment account, income and expenditure
and Promotion. account and differences.
Elements of Marketing Mix, stages of Product Concept of balance sheet - Meaning features
and uses.
life cycle, pricing strategies such as skimming,
penetration, parity, cost plus, place – types of (c) Banking - functions of the Central Bank and
distribution channels, promotional strategies, Commercial banks, types of accounts and
concept of advertising, direct selling, banking transactions.
publicity. Functions of the Central Bank and
(d) Advertising and brand promotion. Commercial banks and differences between
the two.; types of bank deposit accounts
Definition, features, advantages,
(Savings, Current, Recurring, Fixed Account)
disadvantages and types of advertising. Media and differences; requirement for an account
used for advertising: meaning and examples holder for operating a bank account -
only; Meaning and advantages of sales Passbook, cheque book, Pay-in slip book;
promotion; definition of brand, Advantages of bank account, advantages and
disadvantages of cheques; When can a bank
branding, brand promotion, brand loyalty and
refuse payment of a cheque; Automated Teller
brand equity; how to bring about brand Machine (ATM); difference between Cheque
promotion, advantages of branding, and Bank draft.
Grade I The candidate The candidate does The candidate can make The candidate shows Methodical, precise 4 marks
chooses the right comprehensive reference excellent deductions remarkable ability to and clarity of for each
model. The work. Shows ability to from the data collected. comprehend the complexities expression. Neat and criterion
collection of analyze and assemble the The deductions thus of various commercial tidy presentation.
information and material collected. made are recorded very functions. Can analyze the Optimum utilization
relevant data is very appropriately. data and construct a suitable of skills.
appropriate. model.
Grade II The candidate The candidate does The candidate makes The candidate displays the Work - neat and tidy. 3 marks
chooses a suitable sufficient reference work. adequate deductions ability to understand but Presented clearly and for each
model. The Requires guidance to from data collected. Is cannot fully correlate it with methodically. criterion
information and data analyze and assemble the able to record the same practical applications. Techniques
collected is material collected. with clarity. appropriate.
appropriate.
Grade III The candidate The candidate displays The candidate makes The candidate shows limited Standard presentation 2 marks
selects an limited reference work. deductions with help and capacity to grasp the of work but for each
appropriate model Poor ability to analyze guidance. Recording is intricacies of various disorganised in criterion
but the information and assemble the material appropriate. commercial functions. places. Writing
and data collected is collected. untidy in places.
inadequate. Reasonably clear.
Grade IV The candidate The candidate has done The candidate has The candidate is able to Sequence of work 1 mark
requires guidance to very little reference work minimum ability to understand the complexities acceptable. Not very for each
select a model and and is unable to organise analyze the data of various commercial issues neat. Presentation criterion
gather relevant the material collected. collected. with guidance. poor.
information
pertaining to it.
Grade V The candidate is The candidate is unable The candidate is unable The candidate is unable to Data presented is 0 mark
unable to select a to do any reference work to analyze the data understand the complexities untidy and for each
model or gather at all. Information collected or make any of various commercial issues disorganised. Effort criterion
relevant information collected is too meagre to observations. even with guidance. and initiative lacking.
pertaining to it. do any meaningful
assignment.