CBSE Class 11 Business Studies Syllabus 2024-25

CBSE Class 11 Business Studies Syllabus 2024-25

The CBSE Class 11 Business Studies Syllabus for the 2024-25 session is designed to help students gain a strong understanding of the world of business. It provides a foundation for students aspiring to pursue careers in business management, entrepreneurship, or economics. This syllabus covers key concepts such as the nature and purpose of business, different forms of business organizations, and emerging trends in business. Students must follow the updated CBSE syllabus to ensure they are aligned with the official curriculum. With the most recent syllabus, students can focus on important topics, manage their study time effectively, and prepare for their exams with confidence using myCBSEGuide App.

Key Topics in the Class 11 Business Studies Syllabus (2024-25)

1. Nature and Purpose of Business

• Introduction to Business: Understanding the concept of business and its role in the economy.
• Business Activities: Differentiating between industry, commerce, and trade.
• Objectives of Business: Economic and social objectives, including profit maximization, consumer satisfaction, and community development.
• Classification of Business Activities: Primary, secondary, and tertiary sectors.

2. Forms of Business Organisations

• Sole Proprietorship: Characteristics, advantages, and limitations of sole proprietorship businesses.
• Partnership: Concept, types of partnerships, and the formation of partnership firms.
• Joint Hindu Family Business: Structure, management, and liabilities in a joint Hindu family business.
• Cooperative Societies: Definition, formation, and characteristics of cooperatives.
• Companies: Types of companies, the concept of limited liability, and the process of registration.

3. Public, Private and Global Enterprises

• Public Sector Enterprises: Role of government in business, types of public sector organizations, and their functions.
• Private Sector Enterprises: Types of privately-owned organizations and their functions in the economy.
• Global Enterprises: The rise of global businesses, multinational corporations (MNCs), and international trade.
• Privatization and Liberalization: Understanding the shift towards privatization, the role of global enterprises, and the liberalization policies in India.

4. Emerging Modes of Business

• E-business: Introduction to e-commerce, types of e-business models, and the growing importance of the digital economy.
• Outsourcing and Offshoring: The concept of outsourcing services and the global spread of business activities.
• Franchising: Understanding franchising as a business model, its benefits, and challenges.
• Social Entrepreneurship: The role of social enterprises and their impact on society and the economy.

5. Business Environment

• Internal and External Environment: Understanding the factors that influence business, including political, legal, and economic environments.
• PEST Analysis: Analyzing the political, economic, social, and technological factors affecting businesses.
• Business Laws and Regulations: Key laws governing business operations, including the Companies Act and other regulatory frameworks.

6. Social Responsibility of Business and Business Ethics

• Corporate Social Responsibility (CSR): Understanding the role of businesses in addressing social, environmental, and ethical issues.
• Business Ethics: Importance of ethics in business, ethical decision-making, and corporate governance.
• Sustainability in Business: Sustainable business practices and their impact on the environment and society.

Why is the CBSE Class 11 Business Studies Syllabus Important?

The Class 11 Business Studies syllabus provides students with a broad understanding of the fundamental concepts of business. It helps students develop critical thinking skills and a clear understanding of business environments, organizational structures, and ethical business practices. It is not only useful for students interested in business management but also for those who wish to understand how businesses operate in a globalized economy. Download the syllabus from our website myCBSEguide now to start preparing and ensure success in your exams.

Tips for Studying Class 11 Business Studies Effectively:

1. Understand Key Concepts: Focus on grasping the basic concepts such as business types, business ethics, and the regulatory environment. A deep understanding of these concepts is crucial for scoring well.
2. Practice Case Studies: Business studies often include real-world case studies that require analysis and application of theoretical knowledge. Practice analyzing different case studies related to business models and ethical issues.
3. Review Regularly: Make a habit of reviewing the syllabus periodically to reinforce concepts and ensure a comprehensive understanding.
4. Use Diagrams and Charts: For topics like business organizations and processes, using diagrams and flowcharts can help simplify complex ideas and make them easier to understand.
5. Stay Updated with Current Trends: Keep up with the latest trends in business such as e-commerce, outsourcing, and the impact of global markets. This will help connect theoretical knowledge with real-world applications.
6. Prepare for Practical Application: Many questions in business studies are case-based. Make sure you understand how the concepts apply to actual businesses and economies.

Conclusion:

The CBSE Class 11 Business Studies Syllabus for 2024-25 is an essential resource for students aiming to build a strong foundation in the field of business and entrepreneurship. By following the syllabus, understanding the key topics, and using the right study techniques, students can excel in their exams and gain a deeper understanding of the business world.

Whether you’re interested in pursuing a career in business management, economics, or entrepreneurship, this syllabus will help you develop the skills necessary to succeed in both academic and professional life.

Class 11 Business Studies Mobile App

CBSE Class – 11
Business Studies (Code No. 054)
Syllabus (2024-25)

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Theory: 80 Marks
Project: 20 Marks
Time: 3 Hours

Units		Periods	Marks
Part A	Foundations of Business
1	Nature and Purpose of Business	18	16
2	Forms of Business Organisations	24
3	Public, Private and Global Enterprises	18	14
4	Business Services	18
5	Emerging Modes of Business	10	10
6	Social Responsibility of Business and Business Ethics	12
	Total	100	40
Part B	Finance and Trade
7	Sources of Business Finance	30	20
8	Small Business	16
9	Internal Trade	30	20
10	International Business	14
	Total	90	40
	Project Work (One)	30	20

Part A: Foundation of Business
Concept includes meaning and features

Unit 1: Evolution and Fundamentals of Business
Content

• History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent 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 and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners
• Hindu Undivided Family Business: Concept
• Cooperative Societies-Concept, merits, and limitations.
• Company – Concept, merits and limitations; Types: Private, Public and One Person Company – Concept
• Formation of company – stages, important documents to be used in formation of a company
• Choice of 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 venture
• 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

Unit 6: Social Responsibility of Business and Business Ethics

• Concept of social responsibility
• Case of social responsibility
• Responsibility towards owners, investors, consumers, employees, government and community
• Role of business in environment protection
• Business Ethics – Concept and Elements

Part B: Finance and Trade

Unit 7: Sources of Business Finance

• Concept of business finance
• Owners’ funds- equity shares, preferences share, retained earnings
• Borrowed funds: debentures and bonds, loan from financial institution and commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).

Unit 8: Small Business and Enterprises

• Entrepreneurship Development (ED): Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship
• 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 (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas

Unit 9: Internal Trade

• Internal trade – meaning and types services rendered by a wholesaler and a retailer
• Types of retail-trade-Itinerant and small scale fixed shops retailers
• Large scale retailers-Departmental stores, chain stores – concept
• GST (Goods and Services Tax): Concept and key-features

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

Unit 11: Project Work
As per CBSE guidelines

Suggested Question Paper Design

Marks: 80
Duration: 3 hrs.

SN	Typology of Questions	Marks	Percentage
1.	Remembering and Understanding: Exhibit memory of previously learned material by recalling facts, terms, basic concepts, and answers. Demonstrate understanding of facts and ideas by organizing, comparing, translating, interpreting, giving descriptions, and stating main ideas	44	55%
2.	Applying: Solve problems to new situations by applying acquired knowledge, facts, techniques and rules in a different way	19	23.75%
3.	Analysing, Evaluating and Creating: Examine and break information into parts by identifying motives or causes. Make inferences and find evidence to support generalizations. Present and defend opinions by making judgments about information, validity of ideas, or quality of work based on a set of criteria. Compile information together in a different way by combining elements in a new pattern or proposing alternative solutions.	17	21.25%
	Total	80	100%

ASSESSMENT

The marks will be allocated under the following heads:

1	Initiative, cooperativeness and participation	2 Mark
2	Creativity in presentation	2 Mark
3	Content, observation and research work	4 Mark
4	Analysis of situations	4 Mark
5	Viva	8 Mark
	Total	20 Mark

 

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How to Download the CBSE Class 11 Business Studies Syllabus 2024-25:

1. Visit myCBSEguide website.
2. Use the search bar to find “Class 11 Business Studies Syllabus.”
3. Click on the relevant syllabus link for the 2024-25 session.
4. Download the syllabus in PDF format by clicking the download button.

Alternatively, install the myCBSEguide App from Google Play or the App Store, log in, and download the syllabus directly from the app.

Frequently Asked Question:

When will the CBSE 2025 syllabus be released?

The CBSE 2025 syllabus has already been released by the board. Students can now access the updated syllabus for all subjects, including the CBSE Class 11 Business Studiesy Syllabus 2024-25. This syllabus is available in PDF format, offering a convenient way for students to download and review the topics they need to focus on in preparation for their exams.

For those aiming to excel in their studies, it’s essential to stay informed and use reliable study resources. The myCBSEguide website provides the latest syllabus for all CBSE subjects, helping students stay aligned with the curriculum. The myCBSEguide App platform also offers a range of educational materials such as sample papers, chapter-wise test papers, NCERT solutions, and revision notes, all designed to streamline exam preparation.

Additionally, educators can take advantage of the Examin8 App and Examin8 Website to create customized mock tests and practice papers tailored to their students’ needs.