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CLASS XI
One Paper 3 Hours 100 Marks
Units Periods Marks
Part A: Foundations of Business
1. Nature and Purpose of Business 20 08
2. Forms of Business Organisations 24 12
3. Private, Public and Global Enterprises 20 10
4. Business Services 18 08
5. Emerging Modes of Business 10 06
6. Social Responsibility of Business and Business Ethics 12 06
104 50
Part B : Organisation, Finance and Trade
7. Formation of a Company 16 07
8. Sources of business finance 20 10
9. Small Business 14 07
10. Internal Trade 20 10
11. International Business 12 06
12. Project Work 22 10
104 50
A Part: Foundations of Business (Periods 104)
Unit 1: Nature and Purpose of Business (Periods 20)
Concept and characteristics of business
Business, profession and employment - distinctive features
Objectives of business - economic and social, role of profit in
business
Classification of business activities: Industry and Commerce
185
Industry - types: primary, secondary, tertiary
Commerce: Trade and Auxiliaries
Business risks - nature and causes,
Unit 2: Forms of Business Organisations (Periods 24)
Sole Proprietorship; Joint Hindu Family Business-meaning,
features, merits and limitations;
Partnership- meaning, types, registration, merits, limitations,
types of partners;
Cooperative Societies-types, merits and limitations
Company: Private Ltd., Public Ltd. - merits, limitations;
Choice of form of business organizations
Starting a business - Basic factors.
Unit 3: Private, Public & Global Enterprises (Periods 20)
Private Sector and Public Sector
Forms of organising public sector enterprises
Departmental Undertaking
Statutory Corporation .
Government Company
Changing role of public sector
Global Enterprises : meaning and features,joint ventures- meaning,
benefits
Unit 4: Business Services (Periods 18)
Nature and types of Business services - Banking, Insurance,
Transportation, Ware housing,
Communication.
Banking - types of Banks, Functions of Commercial banks, E-
banking
Insurance - principles, types: life, fire and marine
Postal and Telecom services
Warehousing: types and functions
Unit 5: Emerging Modes of Business (Periods 10)
E-Business - Meaning, scope and benefits, Resources required for
successful
e-business implementation, On-line transactions, payment mechanism,
security and safety
of business transactions;
Outsourcing- concept, need and scope
186
Unit 6: Social Responsibility of Business and Business Ethics
(Periods 12)
Concept of social responsibility.
Case for social responsibility;
Responsibility towards owners, investors, employees, consumers,
government and
community
Environmental protection and business
Business ethics: concept and elements.
Part B: Organisation, Finance and Trade (Periods 104)
Unit 7: Formation of a Company (Periods 16)
Stages in the formation of a company;
Promotion,
Incorporation, and
Commencement of business
Unit 8: Sources of Business Finance (Periods 20)
Nature and significance of business finance
Owner's funds and borrowed funds
Sources of raising Finance:
- Equity and Preference shares
- Debentures and Bonds
- Loan from Financial Institutions
- Retained Profits
- Global Depository Receipt, American Depository Receipt
- Loans from commercial Banks
- Public deposits
- Trade Credit
Unit 9: Small Business: (Periods 14)
Small Scale Industry; Tiny Sector; cottage and rural industry; ,
Role of small business in rural India;
Problems of small business in India.
Government Assistance and Special Schemes for Industries in rural,
backward and
hilly areas.
187
Unit 10: Internal Trade (Periods 20)
Meaning and types of internal trade: wholesale and retail.
Services of a wholesaler and a retailer
Types of Retail Trade:
- Itinerant retailers and fixed shops.
- Departmental store, super market, malls, chain store, mail order
business, consumers
cooperative store.
- Automatic Vending Machine
Role of Chamber of Commerce and Industry in promotion of internal
trade.
Unit 11: International Business (Periods 12)
Nature, Importance and complexities involved in International
Business;
Ways of entering into international Business. Export-Import
Procedures and
documentation. Foreign Trade Promotion. Organizational support and
incentives;
Nature and importance of Export Processing Zone/special Economic
Zone;
International Trade Institutions and Agreement: WTO, UNCTAD, World
Bank, IMF.
Unit 12: Project Work
Suggestive/Illustrative Projects (Periods 22)
Any one of the following:-
(i) Find out from local sample business unit (s) the various
objectives they pursue.
(ii) Problems of setting up and running business units.
(iii) Enquiry into the ethics of running business through
questionnaires.
(iv) Survey of quality of bank services in the local branch office.
(v) Study of postal and courier mail services.
(vi) Availability and use of agency services, advertising,
packaging, investments in savings
schemes, etc.
(vii) Survey of the popularity of credit cards issued by different
banks.
(viii) Study the profile of a sole trader/partnership commenting on
the nature and working of
business.
(ix) Study of a Joint Hindu family business.
(x) Study of the working of any cooperative society.
(xi) Study of a small business unit regarding source of finance.
(xii) Study of nature of small traders (like hawkers and pedlars in
a specific locality) with reference
to types of goods, capital investment, turnover.
188
(xiii) Study of weekly bazaar in a locality.
(xiv) Study of franchise retail store.
(xv) Study of export/import procedure of any article.
(xvi) Problems of women entrepreneurs in business.
(xvii) Survey of waste/garbage disposal by a business enterprise
(xviii) Study of pavement trade.
(xix) Prepare a scrapbook and collect articles on the changing role
of public sector and any other
topics related to the syllabus.
Marks may be suitably distributed over the different parts of the
Project Report-
1. Objectives 2. Methodology 3. Conclusions - findings and
suggestions
Recommended text books :
1. Business Studies, Published by NCERT |
