Download CBSE class 11 Business Studies study material in PDF format. MyCBSEguide provides solved papers, board question papers, revision notes and NCERT solutions for CBSE class 11 Business Studies. The topics included are Nature and Purpose of Business, Forms of Business Organisations, Public, Private and Global Enterprises, Business Services, Emerging Modes of Business, Social Responsibility of Business and Business Ethics, Sources of Business Finance, Small Business, Internal Trade, International Business and Project Work.
Part A: Foundation of Business
Concept includes meaning and features
Unit 1: Nature and Purpose of Business
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
Unit 2: Forms of Business organizations
Sole Proprietorship-Concept, merits and limitations.
Partnership-Concept, types, merits and 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 and Public-Concept
Formation of company-stages, important document (Memorandum of Association, Articles of Association, Certificate of incorporation and Certificate of commencement)
Choice of Form of Business Organisation
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.
Changing role of public sector enterprises
Global enterprises, Joint ventures, Public private partnership - concept
Unit 4: Business Services
Banking: Types of bank accounts- savings, current, recurring, fixed deposit and multiple option deposit account.
Banking services with particular reference to issue of bank draft, banker's cheque (pay order), Real Time Gross Settlement (RTGS), National electronic Funds Transfer (NEFT), bank overdraft, cash credit and e-banking
Insurance-: Principles, Types –life, health, fire and marine insurance –concept
Postal and telecom services: Mail, Under Postal Certificate (UPC), Registered Post, Parcel, Speed Post and Courier and other services
Unit 5: Emerging Modes of Business
E-business-scope and benefits, resources required for successful e-business implementation, online transaction, payment mechanism, security and safety of business transactions
Outsourcing-Concept: Business process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO)-Concept, need and scope
Smart cards and ATM's meaning and utility
Unit 6: Social Responsibility of Business and Business Ethics
Concept of Social Responsibility
Case of Social Responsivility
Responsibility towards owners, investors, consumers, employees, government and community.
Environment protection and business-Meaning and Role
Business Ethics Concept and Elements
Part B: Finance and Trade
Concept includes meaning and features
Unit 7: Sources of Business Finance
Concept of Business Finance
Owners funds- equity shares, preferences, share, Global Depository receipt (GDR), American Depository Receipt (ADR), International Depository Receipt (IDR) and retained earnings
Borrowed funds: debentures and bonds, loan from financial institution, loans from commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).
Unit 8: Small Business
Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)
Role of small business in India with special reference to rural areas
Government schemes and agencies for small scale industries (National Small Industries Corporation) and District Industrial Centre (DIC) with special reference to rural, backward and hilly areas
Unit 9: Internal Trade
Service Rendered by a wholesaler and a retailer
Types of retail-trade-Itinerant and small scale fixed
Large scale retailers-Departmental stores, chain stores, mail order business.
Concept of automatic vending machine.
Chambers of Commerce and Industry: Basic Functions
Main documents used in internal trade: Performa invoice, invoice, debit note, credit note. Lorry receipt (LR) and Railways Receipt (RR).
Terms of Trade: Cash on Delivery (COD), Free on Board (FOB), Cost, Insurance and Freight (CIF), Errors and Omissions Excepted (E&OE).
Unit 10: International Trade
Meaning, difference between internal trade and external trade: Meaning and characteristics of international trade
International trade: Advantages and disadvantages of international trade
Export trade- Meaning, objective and procedure of Export Trade
Import Trade- Meaning, objective and procedure; Meaning and functions of import trade; purpose and procedure.
Documents involved in International Trade; documents involved in export trade, indent, letter of credit, shipping order, shipping bills, mate's receipt(DA/DP), specimen, importance
World Trade Organization (WTO) meaning and Objectives
Unit 11: Project Work