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CBSE Class 11 Business Studies Syllabus 2024-25 Unit-wise
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Unit
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Chapter
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Topics
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I.
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Evolution and Fundamentals of Business
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History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.
Business – meaning and characteristics
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
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II.
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Forms of Business Organisations
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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, merits, and limitations.
Company – Concept, merits and limitations; Types: Private, Public and One Person Company – Concept
Formation of company – stages, important documents to be used in the formation of a company
Choice of form of business organisation
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III.
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Public, Private and Global Enterprises
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Public sector and private sector enterprises – Concept
Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations and Government Companies.
Global Enterprises – Feature. Public-private partnership – concept
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IV.
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Business Services
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Business services – meaning and types. Banking: Types of bank accounts – savings, current, recurring, fixed deposit and multiple option deposit account
Banking services with particular reference to Bank Draft, Bank Overdraft, and Cash credit. E-Banking meaning, Types of digital payments
Insurance – Principles. Types – life, health, fire and marine insurance – concept
Postal Service – Mail, Registered Post, Parcel, Speed Post, Courier – meaning
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V.
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Emerging Modes of Business
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E-business: concept, scope and benefits
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VI.
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Social Responsibility of Business and Business Ethics
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Concept of social responsibility
Case of social responsibility
Responsibility towards owners, investors, consumers, employees, government and community.
Role of business in environment protection
Business Ethics – Concept and Elements
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VII.
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Sources of Business Finance
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Concept of business finance
Owners’ funds- equity shares, preferences shares, retained earnings
Borrowed funds: debentures and bonds, loans from financial institutions and commercial banks, public deposits, trade credit, and corporate Deposits (ICD).
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VIII.
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Small Business and Enterprises
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Entrepreneurship Development (ED): Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund the start-up. Intellectual Property Rights and Entrepreneurship
Small-scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)
Role of small business in India with special reference to rural areas
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
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IX.
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Internal Trade
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Internal trade – meaning and types of services rendered by a wholesaler and a retailer
Types of retail-trade-Itinerant and small-scale fixed shops retailers
Large scale retailers-Departmental stores, chain stores – concept
GST (Goods and Services Tax): Concept and key features
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X.
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International Trade
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International trade: concept and benefits
Export trade – Meaning and procedure
Import Trade – Meaning and procedure
Documents involved in International Trade; indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP)
World Trade Organization (WTO) meaning and objectives
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