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
- Cultural and Social Factors Affecting Business
- Current Social Trends in India
- Key Point Summary
Maharashtra State Board: Class 11
Introduction
Business is part of society and functions within the larger social system. Businesses must adjust to social changes or risk losing customers.
Two-way relationship:
- Society → Business: Society’s values, customs, trends, literacy, and living standards affect business operations.
- Business → Society: Businesses influence society by creating jobs, setting trends, improving living standards, and shaping lifestyles.
Maharashtra State Board: Class 11
Cultural and Social Factors Affecting Business

Maharashtra State Board: Class 11
Current Social Trends in India

Maharashtra State Board: Class 11
Key Point Summary
- Business and society influence each other.
- Culture, class, literacy, living standards, values, and trends are part of the social environment.
- Understanding social changes enables businesses to identify opportunities and mitigate risks.
- Traditions and values shape what products or services succeed in a market.
