CBSE Class 11 Business Studies Syllabus 2017-2018. Download the latest syllabus to do your studies as per the latest guidelines issued by CBSE NCERT. The syllabus, weightage of chapters, blue print of question papers and the design of question papers is issued every year for the benefit of students. Access all syllabus for all subjects here.
18. BUSINESS STUDIES (Code No. 054)
The courses in Business Studies and Accountancy are introduced at + 2 stage of Senior Secondary Education
as formal commerce education is provided after first ten years of schooling. Therefore, it becomes necessary
that instructions in these subjects are given in such a manner that students have a good understanding of the
principles and practices bearing in business (trade and industry) as well as their relationship with the
Business is a dynamic process that brings together technology, natural resources and human initiative in a
constantly changing global environment. To understand the framework in which a business operates, a
detailed study of the organisation and management of business processes and its interaction with the
environment is required. Globalisation has changed the way organizations transact their business.
Information Technology is becoming a part of business operations in more and more organisations.
Computerised systems are fast replacing other systems. E-business and other related concepts are picking up
fast which need to be emphasized in the curriculum.
The course in Business Studies will prepare students to analyse, manage, evaluate and respond to changes
which affect business. It provides a way of looking at and interacting with the business environment. It
recognizes the fact that business influences and is influenced by social, political, legal and economic forces.
It allows students to appreciate that business is an integral component of society and develops an
understanding of many social and ethical issues.
Therefore, to acquire basic knowledge of the business world, a course in Business Studies would be useful. It
also informs students of a range of study and work options and bridges the gap between school and work.
To develop students with an understanding of the processes of business and its environment;
To acquaint students with the dynamic nature and inter-dependent aspects of business;
To develop an interest in the theory and practice of business, trade and industry;
To familiarize students with theoretical foundations of the process of organizing and managing the
operations of a business firm;
To help students appreciate the economic and social significance of business activity and the social cost
and benefits arising there from;
To acquaint students with the practice of managing the operations and resources of business;
To enable students to act more effectively and responsibly as consumers, employers, employees and citizens;
To develop a business attitude and skills in students.
To inculcate appropriate attitude and develop skills among students to pursue higher education, world
of work including self employment.
One Paper 100 Marks
Units Periods Marks
Part A Foundations of Business
1 Nature and Purpose of Business 22 20
2 Forms of Business Organisations 26
3 Public, Private and Global Enterprises 22 18
4 Business Services 22
5 Emerging Modes of Business 12 12
6 Social Responsibility of Business and Business Ethics 16 120 50
Part B Finance and Trade
7 Sources of Business Finance 30 20
8 Small Business 16
9 Internal Trade 30 20
10 International Business 14
11 Project Work 30 10 120 50
Part A: Foundation of Business 120 Periods Concept includes meaning and features
Unit 1: Nature and Purpose of Business 22 Periods Business -Concept
Concept includes meaning and features
After going through this unit, the student/ learner would be able to:
Understand the concept of business with special
reference to economic and non economic activities.
Discuss the characteristics of business.
Business, profession and employment-Concept Understand the concept of business, profession and employment.
Differentiate between business, profession and employment. Objectives of business Appreciate the economic and social objectives of business.
Examine the role of profit in business. Classification of business activities - Industry and Commerce
Understand the broad categories of business activities- industry and commerce. Industry-types: primary, secondary, tertiary-
Meaning and subgroups
Describe the various types of industries. Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade;
(banking, insurance, transportation, warehousing, communication, and advertising) - meaning
Discuss the meaning of commerce, trade and auxiliaries to trade.
Discuss the meaning of different types of trade and auxiliaries to trade.
Examine the role of commerce- trade and auxiliaries to trade.
Business risk-Concept Understand the concept of risk as a special characteristic of business.
Examine the nature and causes of business risks.
Unit 2: Forms of Business organizations 26 Periods Sole Proprietorship-Concept, merits and limitations. After going through this unit, the student/ learner would be able to:
List the different forms of business organisations and understand their meaning.
Identify and explain the concept, merits and limitations of Sole Proprietorship. Partnership-Concept, types, merits and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners
Identify and explain the concept, merits and limitations of a Partnership firm.
Understand the types of partnership on the basis of duration and on the basis of liability.
Define limited liability partnership.
State the need for registration of a partnership firm.
Discuss types of partners –active, sleeping, secret, nominal and partner by estoppel. Hindu Undivided Family Business: Concept Understand the concept of Hindu Undivided
Family Business. Cooperative Societies-Concept, types, merits, and limitations.
Identify and explain the concept, merits and limitations of Cooperative Societies.
Understand the concept of consumers, producers, marketing, farmers, credit and
housing co-operatives. Company-Concept, merits and limitations; Types: Private and Public-Concept
Identify and explain the concept, merits and limitations of private and public companies.
Understand the maning of one person comany.
Distinguish between a private company and a public company.
Formation of company-stages, important documents to be used in formation of a company
Highlight the stages in the formation of a company.
Discuss the important documents used in the various stages in the formation of a company.
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