Syllabus Of Grade XI - Business Studies (BS1109)

Instructions:

Unit	Area Covered	Marks
Unit 1	Nature and Purpose of Business	10	read more
Unit 2	Forms of Business Organizations	15	read more
Unit 3	Emerging Modes of Business	15	read more
Unit 4	Business Support Services	10	read more
Unit 5	Social Responsibility of Business	10	read more
Unit 6	Sources of Business Finance	15	read more
Unit 7	Internal Trade	10	read more
Unit 8	International Trade	15	read more
	Total Marks	100	Time: 3 Hours

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.
Industry – types: primary, secondary, tertiary.
Commerce – trade: types (internal, external, wholesale, and retail; and auxiliaries to trade: banking, insurance, transportation warehousing, communication, and advertising.

Sole Proprietorships –features, merits and limitations
Partnerships – Features, types, merits and limitations of partnerships and partners, registration of a partnership firm, partnership deed, types of partners
Company – Private and Public Limited Companies– Features, merits and limitations
Formation of a company
Large, Medium, Small and Micro Businesses
Other forms of business organization:
- Public Sector Undertakings
- Limited and Unlimited Liability Partnerships
- Cooperatives.
- Private-Public Partnerships

E-Business – Scope and benefits, resources required for successful e-business implementation, online transactions, payment mechanisms, security and safety of business transactions
3.2 Outsourcing – Concept, need and scope of BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing).

Concept of Social Responsibility
Case for Social Responsibility
Corporate Governance
Responsibility towards owners, investors, consumers, employees, government and community
Environment Protection and Business
Business Ethics and its elements

Concept of Business Finance
Long-term Sources of Finance – Bank Loan, Debt, Equity and Hybrids
Short-term Sources of Finance – Trade Credit, Commercial Papers, Accruals, bank Credit.
International Sources of Finance – American depository receipts (ADRs), Global Depository Receipts (GDRs) and Indian depository Receipts (IDRs), Foreign Currency Convertible Bonds (FCCBs) and External Commercial borrowings (ECBs).

Services of a wholesaler and retailer
Types of retail trade- itinerant and small scale fixed shops
Large scale retailers-departmental stores, chain stores, mail order business.
Automatic vending machines
Chambers of Commerce and Industry- basic functions.
Main documents used in internal trade: Proforma Invoice, Invoice, Debit Note, Credit Note Lorry Receipt, (LR) and Railway Receipt (RR).
Terms of Trade : Cash on Delivery (COD), Free on Board (FOB), Cost, Insurance and Freight (CIF), Errors and Omissions Excepted (E&OE).