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Business Studies Class 11 CBSE (Arts) CBSE Topics and Syllabus

Academic year:

Units and Topics

1 Foundations of Business -
2 Finance and Trade -
 Total -


1 Foundations of Business

1.1 Business, Trade and Commerce
  • 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
1.2 Forms of Business Organizations
  • Sole Proprietorship-Concept, merits and limitations
  • Partnership-Concept, types, merits and limitations 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 documents to be used information of a company.
  • Choice of form of business organization
1.3 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
1.4 Business Services
  • Business services and its types-Meaning
  • Banking-Types of Bank accounts-savings, current, recurring, fixed deposit and the multiple option deposit account.
  • Banking services with particular reference to bank Draft, Banker's cheque, Real Time Gross Settlement, National Electronic Funds Transfer, Bank Overdraft, Cash Credit and e-banking meaning.
  • Insurance- Principles, Types-life, health, fire and marine insurance-concept.
  • Postal Services-Mail, Registered Post, Parcel, Speed Post, Courier-meaning.
  • Telecom Services-Cellular Mobile services, Radio Paging services, Fixed line services, Castle services, VSAT services, DTH ServicesMeaning
1.5 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.
1.6 Social Responsibility of Business and Business Ethics
  • Concept of social responsibility
  • Case for social responsibility
  • Responsibility towards owners, investors, consumers, employees, government and community.
  • Environment protection and business-Meaning and role.
  • Business Ethics-Concept and Elements
2 Finance and Trade

2.1 Formation of a Company
2.2 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 
  • Equity shares, preference shares, retained earningsmeaning, merits and limitations Global Depository Receipts (GDR) American Depository Receipts (GDR), American Depository Receipts (ADR), International Depository Receipts(IDR)-Meaning.
  • Borrowed funds: debentures and bonds, loan from financial institution, loans from commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).
2.3 Small Business
  • Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)
  • Role of small business in India.
  • 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
2.4 Internal Trade
  • Internal trade - meaning and types services rendered by a wholesaler and a retailer
  • Types of retail-trade-Itinerant and fixed shop retailers
  • Large scale retailers-Departmental stores, chain stores, mail order business - concept
  • Concept of automatic vending machine
  • Chambers of Commerce and Industry: Basic functions
  • Main documents used in internal trade: Proforma 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).
2.5 Internattonal Trade
  • International trade - concept
  • 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 of the documents, importance.
  • World Trade Organization (WTO) meaning and objectives
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