BUSINESS STUDIES (CODE - 054) CLASS–XI (2013-14)
One Paper Units Periods 100 Marks 3 Hours Marks

Part A: Foundations of Business
1. 2. 3. 4. 5. 6. Nature and Purpose of Business Forms of Business Organisations Public, Private and Global Enterprises Business Services Emerging Modes of Business Social Responsibility of Business and Business Ethics

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22 26 22 22 12 16 120

20 18 12 50

Part B: Finance and Trade
7. 8. 9. 10. 11. Sources of Business Finance Small Business Internal Trade International Business Project Work

30 16 30 14 30 120

20 20 10 50

PART A: FOUNDATION OF BUSINESS Unit 1: Nature and Purpose of Business:
• • • • • • • Concept and characteristics of business. Business, profession and employment -Meaning and their 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 - Meaning and sub types

120 Periods 22 Periods

Commerce - trade: types (internal, external, wholesale and retail; and auxiliaries to trade: banking, insurance, transportation, warehousing, communication, and advertising. Business risks - Meaning, nature and causes.

Meaning of business with special reference to economic and non-economic activities.Two or three definitions of business with one conclusive definition. Fundamental features of business which differentiate it with other activities of society. Meaning of profession and employment with one definition of each including all their features. Differentiating features of business, profession and employment.

236

Meaning and classification of objectives of business as : Economic Social Economic Objectives - Profit earning, survival, growth Social Objectives - Production and supply of quality goods and services Role of Profit - As a source of income for business persons for