CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES
CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES
CBSE CLASS XI CURRICULUM FOR BUSINESS STUDIES
BUSINESS STUDIES SUBJECT
CBSE CLASS XI CURRICULUM-BUSINESS STUDIES-This subject makes the students understand the processes and environment of business. To familiarize students with the nature and aspects of business.The students should be able to develop interest in the theoretical part and also the practices of business, and trade. The students come to know how to manage the operations and resources of business as well. It helps them to develop a business attitude and skill.
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Part A: Foundation of Business
Unit 1: Nature and Purpose of Business
The concept of business,objectives,profession and employment,classification of business activities that is industry and commerce and its types,types of commerce and trade,the 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.
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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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.
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
- Business Studies for class 11 By Subhash Dey,(Geeta Publishing House)
- NCERT Business studies book for class 11( NCERT Publication)
- Business studies for class 11 by Sandeep Garg
All the best students !
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