Classification of business activities: Industry and Commerce. Industry - types: primary, secondary, tertiary - Meaning and sub types. Commerce - trade: types (internal, external, wholesale and retail; and auxiliaries to trade: banking, insurance, transportation, warehousing, communication, and advertising. Syllabus for business studies is given below:
Part A: Foundations of Business
Unit 1 - Evolution and Fundamentals of Business
Unit 2 - Forms of Business Organisations
Unit 3 - Public, Private and Global Business
Unit 4 - Business Services
Unit 5 - Emerging Modes of Business
Unit 6 - Social Responsibility of Business and Business ethics
Part B: Finance and Trade
Unit 7 - Sources of Business Finance
Unit 8 - Small Business
Unit 9 - Internal Trade
Unit 10 - International Business
Term I- MCQ based Question Paper of 40 marks, duration 90 minutes
Term II- Subjective Question Paper of 40 marks, duration 2 hrs.
The syllabus of Business Studies Class 11 is divided into theory and project work. The theory is for 80 marks and the rest 20 marks are for the project work students have to submit. The syllabus is fundamental to students with an interest in the field of business. Students wishing to pursue the same in their higher studies should focus on obtaining an in-depth understanding of the topics and concepts.
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