Syllabus Of Grade XI - Business Studies (BS1109)
Instructions:
- Separate marks are given with each unit.
| 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 | |
Unit 1 - Nature and Purpose of Business (10 Marks)
- 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.
Unit 2 - Forms of Business Organizations (15 Marks)
- 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
Unit 3 - Emerging Modes of Business (15 Marks)
- 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).
Unit 4 - Business Support Services (10 Marks)
- Banking
- Insurance
- Information and Communication Technology Services
- Transportation
- Warehousing
- Logistics
- Advertising
- Consultancy
Unit 5 - Social Responsibility of Business (10 Marks)
- 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
Unit 6 - Sources of Business Finance (15 Marks)
- 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).
Unit 7 - Internal Trade (10 Marks)
- 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).
Unit 8 - International Trade (15 Marks)
- Concept and Challenges of International Trade.
- Export Import Procedures
- INCO terms
- Documentation for International Trade
- WTO – Role and Organization