CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES

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CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES

CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES

BUSINESS STUDIES SUBJECT

The CBSE Class XI Business Studies curriculum is designed to give students a really solid understanding of how businesses operate and the environment they function within. Its main goal is to introduce students to the fundamental nature and various aspects of business itself. Through this subject, students are encouraged to develop a genuine interest in both the theoretical foundations and the practical applications of business and trade. They also learn essential skills like how to effectively manage business operations and resources. Ultimately, it’s all about helping them cultivate a strong business mindset and practical managerial abilities.

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Part A: Foundation of Business

Unit 1: Nature and Purpose of Business

This subject covers core ideas such as the fundamental concept of business, its various objectives, and how it relates to profession and employment. Students also explore the classification of business activities, differentiating between industry and commerce and understanding their respective types. Furthermore, it delves into the different types of commerce and trade, and introduces the crucial concept of business risk.

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Unit 2: Forms of Business organizations

The concept,merit and limitations of Sole Proprietorship,the concepts and types of partnerships, undivided hindu business family,cooperative societies,concept of private and public company,stages of company formation,forms of business organizations.

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Unit 3: Public, Private and Global Enterprises

Concept of public and private sector enterprises,Forms of public sector enterprises,Changing mode of public sector enterprises ,concept of global enterprises,joint ventures,Public private
partnership

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Unit 4: Business Services

Meaning of Business services and its types ,types of banking,different banking services with reference to banks,the concept,principles and types of insurance,different postal services,variety of telecom services available.

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Unit 5: Emerging Modes of Business

Everything about e-business,its scope and benefits,factors for for successful e-business implementations,business transactions,the concept of business outsourcing and its need and scope,utility of smart cards and ATM.

Unit 6: Social Responsibility of Business and Business Ethics

The Concept of social responsibility,Case of social responsibility,Responsibility towards owners, investors, consumers,employees, government,meaning and role of environment and business protection,concept and elements of business ethics.

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NCERT CLASS XI Business Studies Text Book

Part B: Finance and Trade

Unit 7: Sources of Business Finance

Concept of business finance,what is owner’s funds,meaning and merits of equity shares,preference shares,Global Depository receipt (GDR), American Depository Receipt (ADR), International Depository Receipt (IDR) and retained earnings,meaning of borrowed funds as  loans from commercial banks,trade credits,debentures and bonds,loan from financial institution.

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Unit 8: Small Business

Small scale enterprises,with  reference to rural areas role of small business,different government schemes and agencies for small scale industries.

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Unit 9: Internal Trade

Meaning and types of services rendered by a wholesaler and a retailer as internal trade,types of retail trades,large scale retailers,the concept of automatic vending machine, basic functions of Chambers of Commerce and Industry, the main documents used in internal trade,the different terms of trade.

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Unit 10: International Trade

The concept of International trade, advantages and disadvantages of international trade, meaning, objectives and procedure of export trade,meaning,objectives,purpose of import trade,the documents involved in International trade,meaning and objectives of World Trade Organization.

Unit 11: Project Work as per CBSE guidelines

Books for Class XI Business Studies

  1. Business Studies for class 11 By Subhash Dey,(Geeta Publishing House)
  2. NCERT Business studies book for class 11( NCERT Publication)
  3. Business studies for class 11 by Sandeep Garg

 

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All the best students !

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