CBSE - Class 11 - Business Studies

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 -Concept

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, 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

Shops

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

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