The document outlines the curriculum for a Business Studies Class 11, covering foundational concepts of business, forms of business organizations, public and private enterprises, business services, emerging business modes, social responsibility, and business ethics. It also includes sections on finance, entrepreneurship development, internal trade, and international trade, detailing various types of businesses, financial sources, and trade procedures. Key topics include the history of trade in India, types of business organizations, banking services, and the role of small businesses in the economy.
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BUSINESS STUDIES CLASS 11 SYLLABUS
The document outlines the curriculum for a Business Studies Class 11, covering foundational concepts of business, forms of business organizations, public and private enterprises, business services, emerging business modes, social responsibility, and business ethics. It also includes sections on finance, entrepreneurship development, internal trade, and international trade, detailing various types of businesses, financial sources, and trade procedures. Key topics include the history of trade in India, types of business organizations, banking services, and the role of small businesses in the economy.
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BUSINESS STUDIES CLASS 11
BY POONAM GANDHI Part-A: Foundation of Business
Unit 1: Evaluation and Fundamentals of Business
History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centers, Major Imports and Exports, Position of Indian SubContinent in the World Economy. Business – meaning and characteristics Business, profession, and employment-Concept Objectives of business Classification of business activities - Industry and Commerce Industry-types: primary, secondary, tertiary Meaning and subgroups Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade; (banking, insurance, transportation, warehousing, communication, and advertising) – meaning Business risk-Concept Unit 2: Forms of Business Organizations Sole Proprietorship-Concept, merits, and limitations. Partnership-Concept, types, merits, limitation of partnership, registration of a partnership firm, partnership deed. Types of partners Hindu Undivided Family Business: Concept Cooperative Societies-Concept, types, merits, and limitations Company - Concept, merits, and limitations; Types: Private, Public and One Person Company – Concept Formation of the company - stages, important documents to be used in the formation of a company Choice of the form of business organization Unit 3: Public, Private and Global Enterprises Public sector and private sector enterprises – Concept Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations, and Government Company Global Enterprises – Feature. Joint ventures, Public-private partnership – concept Unit 4: Business Services Business services – meaning and types. Banking: Types of bank accounts - savings, current, recurring, fixed deposit, and multiple option deposit account Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments Insurance – Principles. Types – life, health, fire, and marine insurance – concept Postal Service - Mail, Registered Post, Parcel, Speed Post, Courier - meaning Unit 5: Emerging Modes of Business E-business: concept, scope, and benefits Business Process Outsourcing (BPO): Concept, need, and scope Unit 6: Social Responsibility of Business and Business Ethics Concept of social responsibility Case for social responsibility Responsibility towards owners, investors, consumers, employees, government, and community Role of business in environmental protection Business Ethics - Concept and Elements Part-B: Finance and Trade Unit 7: Sources of Business Finance Business finance: Concept and Importance Owners’ funds- equity shares, preferences share, retained earnings, Global Depository Receipt (GDR), American Depository Receipt (ADR), and International Depository Receipt (IDR) – concept Borrowed funds: debentures and bonds, a loan from a financial institution and commercial banks, public deposits, trade credit Borrowed funds: Inter Corporate Deposits (ICD) – Concept Unit 8: Small Business and Entrepreneurship Development Entrepreneurship Development (ED): Concept and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund the start-up. Intellectual Property Rights and Entrepreneurship Small scale enterprise – Definition Role of small business in India with special reference to rural areas Government schemes and agencies for small scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas Unit 9: Internal Trade Internal trade - meaning and types of services rendered by a wholesaler and a retailer Large scale retailers-Departmental stores, chain stores – concept Types of retail-trade-Itinerant and small scale fixed shops retailers GST (Goods and Services Tax): Concept Unit 10: International Trade International trade: concept and benefits Export trade – Meaning and procedure Import Trade - Meaning and procedure Documents involved in International Trade: indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP) World Trade Organization (WTO) meaning and objectives