CBSE Class 11 Business Studies Syllabus 2016 – 2017

CBSE has released syllabus of Class 11 for the academic session 2016‒2017.

The key contents of the syllabus issued by CBSE for Class 11th Business Studies are:

• Name of the Units and their weightage in Board Exam
• Details of topics and sub-topics to be covered in each unit
• Question Paper Design for CBSE Class 11th Business Studies Board Exam (2016-17)
• Details of project work

The important details of syllabus are as follows:

Name of the Units and their weightage in Board Exam

One Paper                                                                                                      Total: 100 Marks

                                                                                                                                           3 hours

Details of topics and sub-topics to be covered in each unit

Part A: Foundation of Business

Concepts include meaning and features

Unit 1: Nature and Purpose of Business

Business ‒ Concept

Business, profession and employment – concept

Objectives of Business

Classification of business activities ‒ Industry and Commerce

Industry-types: primary, secondary, tertiary- Meaning and subgroups

Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade; (banking, insurance, transportation, warehousing, communication and advertising) – meaning

Business risk-Concept

Unit-2 Forms of Business Organizations

Sole Proprietorship – Concept, meaning, features, merits and limitations.

Partnership – Concept, types, merits and limitations of partnership, registration of a partnership firm, partnership deed. Type of partners.

Hindu Undivided Family Business: features.

Cooperative Societies- Concept, types, merits and limitations.

Company-concept, merits and limitations; Types: Private and Public-Concept

Formation of company-stages, important documents to be used information of a company.

Choice of form of business oranization.

Unit-3: Public, Private and Global Enterprises

Public sector and private sector enterprises – concept

Forms of public sector enterprises: Departmental Undertaking, Statutory Corporations and Government Company.

Changing role of public sector enterprises.

Global enterprises, Joint ventures, Public private partnership - concept

Unit-4: Public, Private and Global Enterprises

Business services and its types-Meaning

Banking - Types of bank accounts- savings, current, recurring, fixed deposit and multiple option deposit account.

Banking services with particular reference to bank draft, Banker's cheque, Real Time Gross Settlement, National Electronic Funds Transfer, Bank Overdraft, Cash Credits and e- banking meaning.

Insurance - Principles, Types-life, health, fire and marine insurance-concept.

Postal Services: Mail, Registered Post, Parcel, Speed Post, Courier-meaning.

Telecom Services-Cellular Mobile services, Radio Paging services, Fixed line services, Castle services, VSAT services, DTH Services-Meaning

Unit-5: Emerging Modes of Business

E-business - scope and benefits, resources required for successful e-business implementation, online transactions, payment mechanism, security and safety of business transactions.

Outsourcing – Concept: Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) – Concept, need and scope

Smart cards and ATM's meaning and utility

Unit-6: Social Responsibility of Business and Business Ethics

Concept of social responsibility

Case for social responsibility

Responsibility towards owners, investors, consumers, employees, government and community

Environment protection and business – Meaning and role

Business Ethics- Concept and Elements

Part B: Finance and Trade

Concepts include meaning and features

Unit 7: Sources of Business Finance

Concept of business finance

Owner's funds - equity shares, preferences, share, Global Depository Receipt (GDR), American Depository Receipt (ADR), International Depository Receipts (IDR) and retained earnings.

Equity shares, preference shares, retained earnings-meaning, merits and limitations Global Depository Receipts (GDR) American Depository Receipts (GDR), American Depository Receipts (ADR), International Depository Receipts (IDR)-Meaning.

Borrowed funds: debentures and bonds, loan from financial institution, loans from commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).

Unit 8: Small Business

Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act).

Role of small business in India.

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

Internal trade – meaning and types, services rendered by a wholesaler and a retailer

Types of retail - trade - Itinerant and fixed shop retailers.

Large scale retailers - Departmental stores, chain stores, mail order business-concept

Concept of automatic vending machine

Chambers of Commerce and Industry: Basic functions

Main documents used in internal trade: Performa 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 10: International Trade

International trade – concept

International trade: Advantages and disadvantages of international trade

Export trade- Meaning, objective and procedure of Export Trade

Import Trade - Meaning, objective and procedure; Meaning and functions of import trade; purpose and procedure

Documents involved in International Trade; documents involved in export trade, indent, letter of credit, shipping order, shipping bills, mate's receipt(DA/DP), specimen of documents, importance

World Trade Organization (WTO) meaning and objective.

Unit 11: Project Work

As per CBSE guidelines

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