Topics
Introduction of Commerce and Business
Trade
- Concept of Trade
- Internal Trade
- Wholesale Trade
- Retail Trade
- Types of Retailers> Itinerant Retailers
- Types of Retailers> Fixed Shop Retailer
- Small Scale Fixed Retailer
- Large Scale Fixed Retailers
- Departmental Stores
- Super Market Shop
- Chain Stores or Multiple Shops
- One Price Shop
- Concept of Mall
- International Trade
- Export Trade
- Procedure of Export Trade
- Import Trade
- Procedure of Import Trade
- Entrepot Trade
- Comparison of Different Types of Retailers and Trade Practices
Small Scale Industry and Business
Forms of Business Organisation - 1
- Private Sector Organisations
- Sole Trading Concern
- Partnership Firm
- Types of Partners
- Types of Partnerships Firms
- Hindu Undivided Family Business Or Joint Hindu Family Business
- Co-operative Society
- Types of Cooperative Societies
- Joint Stock Company
- Amul: A Successful Co-operative Movement in India
- Private Limited Company
- Public Limited Company
- Comparison of Different Forms of Business Organization
Forms of Business Organisation - 2
Institutes Supporting Business
Business Environment
- Concept of Business Environment
- Importance of Business Environment
- Dimensions of Business Environment
- Internal Factors
- External Factors> Natural Environment
- External Factors> Social Environment
- External Factors> Political Environment
- External Factors> Economic Environment
- External Factors> Technological Environment
- External Factors> Legal Environment
- New Economic Policy and Business
- Liberalisation
- Privatisation
- Globalisation
- Impact of New Economic Policy on Business
Introduction to Management
- Introduction
- Flow Chart
- Real-life Application
- Key Point Summary
Maharashtra State Board: Class 11
Introduction
Business activities are a series of actions aimed at producing and distributing goods or services to meet human needs or wants. They contribute to economic development and provide employment.
Business activities are of two types:
- Industry
- Commerce
The industry is concerned with the production of goods and providing services, while commerce is primarily concerned with their distribution.
Maharashtra State Board: Class 11
Flow Chart
Maharashtra State Board: Class 11
Real-Life Application
Amul – Dairy Cooperative:
- Primary/Industry: Milk collected from farmers.
- Manufacturing: Milk is converted to butter and cheese in processing units.
- Commerce: Products are transported and sold via shops and supermarkets, assisted by banking, insurance, and advertising.
Maharashtra State Board: Class 11
Key Point Summary
- Industry is about making goods and services.
- Commerce ensures these goods and services reach consumers.
- Both are essential- they work together to satisfy society’s needs.
