Latest CBSE Syllabus of Business Studies for Class 11th
Part A : Foundation of Business
Unit 1: Evolution and Fundamentals of Business
1. History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centers, Major Imports and Exports, Position of Indian Subcontinent in the World Economy.
2. Business—meaning and characteristics
3. Business, profession, and employment concept
4. Objectives of business
5. Classification of business activities—Industry and Commerce
6. Industry types: primary, secondary, tertiary Meaning and subgroups
7. Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade (banking, insurance, transportation, warehousing, communication, and advertising)—meaning
8. Business risk—Concept
Unit 2: Forms of Business Organizations
1. Sole Proprietorship—Concept, merits, and limitations.
2. Partnership: concept, types, merits, and limitations of partnership, registration of a partnership firm, partnership deed. Types of partners
3. Hindu Undivided Family Business: Concept
4. Cooperative Societies: Concept, merits, and limitations.
5. Company—Concept, merits, and limitations; Types: Private, Public, and One-Person Company—Concept
6. Formation of company—stages, important documents to be used in the formation of a company
Choice of form of business organization
Unit 3: Public, Private, and Global Enterprises
1. Public sector and private sector enterprises—Concept
2. Forms of public sector enterprises: departmental undertakings, statutory corporations, and government companies.
3. Global Enterprises—Feature
Joint venture
4. Public-private partnership—concept
Unit 4: Business Services
Business services—meaning and types.
1. Banking: Types of bank accounts—savings, current, recurring, fixed deposit, and multiple option deposit account.
2. Banking services with particular reference to bank drafts, bank overdrafts, and cash credit. E-Banking meaning, types of digital payments
3. Insurance—Principles. Types—life, health, fire, and marine insurance—concept
Postal Service—Mail, Registered Post, Parcel, Speed Post, Courier—meaning
Unit 5: Emerging Modes of Business
1. E-business: concept, scope, and benefits
Unit 6: Social Responsibility of Business and Business Ethics
1. Concept of social responsibility
2. Case of social responsibility
3. Responsibility towards owners, investors, consumers, employees, government, and community
4. Role of business in environmental protection
5. Business Ethics—Concept and Elements
Part B: Finance and Trade
Unit 7: Sources of Business Finance
1. Concept of business finance
2. Owners’ funds—equity shares, preference shares, retained earnings
3. Borrowed funds: debentures and bonds, loans from financial institutions and commercial banks, public deposits, trade credit, and intercorporate deposits (ICD).
Unit 8: Small Business and Enterprises
1. Entrepreneurship Development (ED): Concept, Characteristics, and Need. Process of Entrepreneurship Development: Start-up India Scheme: ways to fund a start-up. Intellectual Property Rights and Entrepreneurship
2. Small scale enterprise as defined by the MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)
3. Role of small business in India with special reference to rural areas
4. Government schemes and agencies for small-scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas
Unit 9: Internal Trade
1. Internal trade—meaning and types of services rendered by a wholesaler and a retailer
2. Types of retail trade: itinerant and small-scale fixed shop retailers
3. Large-scale retailers—department stores, chain stores—concept
4. GST (Goods and Services Tax): Concept and Key Features
Unit 10: International Trade
1. International trade: concept and benefits
2. Export trade—Meaning and procedure
3. Import Trade—Meaning and Procedure
4. Documents involved in international trade: indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP)
5. World Trade Organization (WTO) meaning and objectives
Unit 11: Project Work
As per CBSE guidelines
