Business Studies as a subject is important for 12th grade students of Central Board of Secondary Education (CBSE) as it aims to shape young minds towards a better understanding of working in a business. This book will enable students to recognise and realise how businesses are formed and managed by people from diverse fields, qualifications and experiences. Accordingly, this book attempts to trigger intuitive and reasoning capabilities among 12th graders, who plan to pursue suitable careers in near future.