Principles of Management Handwritten Notes for Class 12 Business Studies Chapter 2 give you student-style scanned revision pages covering the full CBSE 2026-27 syllabus: Fayol's 14 principles of general management, Taylor's 4 principles of scientific management, the 7 techniques of scientific management (Functional Foremanship, Standardisation and Simplification, Method Study, Motion Study, Time Study, Fatigue Study and Differential Piece Wage), Mental Revolution and the eight-foremen structure. The Collegedunia handwritten notes PDF is free and designed for last-week-before-the-exam review.
- CBSE Weightage: 6 to 12 marks (Unit 1, Principles and Functions of Management)
- Style: Student-friendly scanned-style layout with concept boxes, mnemonics and quick-recap callouts
Handwritten notes are designed for one purpose: the last revision round in the final hours before the exam. The visual layout, concept cards, the Fayol-14 list, the Taylor-7 techniques box and the 4-planning + 4-production foremen split are all calibrated to fix the chapter in long-term memory.
Also Check:
- Principles of Management Class 12 NCERT Solutions
- Principles of Management Class 12 Notes
- Class 12 Business Studies Chapter 2 NCERT Book PDF

What is Covered in the Handwritten Notes PDF
| Section | Key Concept | Memory Aid |
|---|---|---|
| 1. Nature of Principles | 7 features: universal, flexible, behavioural, contingent, by practice, cause-effect, general guidelines | "Indicative, not absolute" |
| 2. Significance of Principles | 6 points: insight, optimum resource use, scientific decisions, changing environment, social responsibility, training | I-O-S-C-S-T |
| 3. Fayol's 14 Principles | Division, Authority, Discipline, U-Command, U-Direction, Subordination, Remuneration, Centralisation, Scalar Chain, Order, Equity, Stability, Initiative, Esprit | "Always 14, never 13" |
| 4. Taylor's 4 Principles | Science not Rule of Thumb, Harmony not Discord, Cooperation not Individualism, Development of each person | S-H-C-D |
| 5. 7 Techniques of Scientific Management | Functional Foremanship, Standardisation+Simplification, Method, Motion, Time, Fatigue, Differential Piece Wage | "7 not 5 or 6" |
| 6. 8 Functional Foremen | 4 planning (Route, Instruction, Time+Cost, Disciplinarian) + 4 production (Speed, Gang, Repair, Inspector) | "4+4=8 foremen" |
| 7. Mental Revolution | Two-sided attitude shift; mutual cooperation replaces wage-greed vs profit-greed | "Both sides change" |
| 8. Differential Piece Wage | Two-tier rate per unit; efficient vs inefficient workers | "Two rates, one job" |
| 9. Fayol vs Taylor | 7-row comparison: perspective, focus, unity, personality, applicability, methodology, results | "Complementary, not opposed" |
Principles of Management Video Walkthrough
Source: Magnet Brains on YouTube
How to Use These Handwritten Notes
- First read: go through cover-to-cover in 30 minutes; absorb the concept boxes.
- Mnemonic drill: recite the 14 Fayol principles in order three times; then S-H-C-D for Taylor's 4; then list the 7 techniques.
- Case-cue mapping: Mr. Rathore (cousin at higher price) = Subordination; Bhasin Limited 6 violations table; Mukti Consultants 6 scientific-management techniques.
- Last-night flick: the 7-point Key Takeaways at the end is your 5-minute pre-exam refresh.

FAQs on Handwritten Notes for Chapter 2
FAQs on Handwritten Notes for Chapter 2
Are handwritten notes enough for the board exam?
For last-mile revision, yes. But pair them with the NCERT Solutions PDF for answer-writing practice and the NCERT textbook for full chapter reading. Handwritten notes are most effective in the final week.
What are the 14 principles of management by Fayol?
Fayol's 14 principles are: (1) Division of Work, (2) Authority and Responsibility, (3) Discipline, (4) Unity of Command, (5) Unity of Direction, (6) Subordination of Individual Interest to General Interest, (7) Remuneration of Personnel, (8) Centralisation and Decentralisation, (9) Scalar Chain, (10) Order, (11) Equity, (12) Stability of Personnel, (13) Initiative, (14) Esprit de Corps.
What are Taylor's four principles of scientific management?
Taylor's four principles are: (1) Science, not Rule of Thumb, (2) Harmony, not Discord, (3) Cooperation, not Individualism, (4) Development of each person to his/her greatest efficiency and prosperity.
What are the 7 techniques of scientific management?
The 7 techniques are: Functional Foremanship, Standardisation and Simplification of Work, Method Study, Motion Study, Time Study, Fatigue Study, and Differential Piece Wage System.
What is Functional Foremanship?
Functional Foremanship is Taylor's technique of dividing supervisory authority among eight specialised foremen instead of one general foreman. Four are in the planning section (Route Clerk, Instruction Card Clerk, Time and Cost Clerk, Disciplinarian) and four are on the production floor (Speed Boss, Gang Boss, Repair Boss, Inspector).
What is Mental Revolution in Taylor's scientific management?
Mental Revolution is Taylor's call for a complete change of attitude on the part of both management and workers. Management must stop treating workers as wage-greedy and workers must stop treating management as profit-greedy. Both must commit to mutual cooperation and shared gains.
What is the difference between Scalar Chain and Gang Plank?
Scalar Chain is the formal vertical line of authority from the top to the bottom of the organisation. Gang Plank is an exception that allows two employees at the same level in different departments to communicate directly with each other in an emergency, bypassing the chain to save time, with their superiors' knowledge.







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