PSEB Class 11 Business Studies Syllabus: The PSEB Class 11 Business Studies Syllabus for the new academic session 2024-2025 is provided in this article for students of class 11 to understand the latest course structure for the subject.
The Class 11 Business Studies Syllabus by the Punjab School Education Board (PSEB) is structured in a way to help students explore various aspects of business, from its evolution and fundamental characteristics to different forms of business organizations and their operations.
The syllabus is divided into two main parts:
- Part I: Foundations of Business
- Part II: Corporate Organisation, Finance and Trade.
While Part I focuses on the core concepts of business, including its basics, definitions and role in the economy, Part II dives deeper into the practicalities of running a business. Here, students will get to learn about company formation, the different sources of financing, and ways to manage finances effectively. To explore more details on the course content and exam pattern, check and download the PSEB Class 11 Business Studies Syllabus 2024-25 in PDF below.
PSEB Class 11 Business Studies Examination Scheme 2024-2025
The Business Studies exam will be for 100 marks. It will include an annual theory examination and an internal assessment with the mark breakup as follows:
| Components of Exam | Marks |
| Theory Paper | 80 |
| Internal Assessment | 20 |
| Total | 100 |
PSEB Class 11 Business Studies Syllabus 2024-25
Check the topics-wise details mentioned in PSEB Class 11 Business Studies syllabus below:
Part I: Foundations of Business
Unit 1: Business, Trade and Commerce
- Introduction – Role of Business in the development of economy.
- Concept of Business, Characteristics of Business Activities
- Business, profession and employment - Concept and comparison
- 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; (Transport and Communication, Banking and Finance, Insurance and Warehousing, Advertising and Public Relations) – meaning
- Objectives of Business – Profit and other Objectives
- Business Risk-Nature and Causes
- Starting a Business-Basic Factors
Unit 2: Forms of Business organisation
- Sole Proprietorship-Concept, Features, Merits and Limitations.
- Joint Hindu Family Business: Concept, Features, Merits and Limitations.
- Partnership-Concept, Features, Merits and Limitations.
- Types of Partners, Types of Partnerships, Partnership Deed, Registration of a Partnership firm.
- Cooperative Societies-Concept, Features, Merits and Limitations. Types of Cooperative Societies
- Joint Stock Company - Concept, Features, Merits and Limitations; Types: Private and Public Company.
- Choice of form of business organisation
- Unit 3: Private, Public and Global Enterprises
- Introduction, Public Sector and Private Sector Enterprises – Concept
- Forms of Organising Public Sector Enterprises: Departmental Undertakings, Statutory Corporations and Government Company (Concept, Features, Merits and Limitations)
- Changing Role of Public Sector.
- Joint Ventures: Concepts, types, and benefits.
- Global Enterprises – Feature, Public Private Partnership – concept.
Unit 4: Business Services
- Business Services – Meaning, Nature, Difference between services and goods.
- Types of services
- Banking: Types of banks, functions of a commercial banks, e-Banking – Meaning and benefits.
- Insurance – Functions, Principles and Types – Life, Fire and Marine Insurance.
- Communication Services, Postal Services, Telecom Services.
- Warehousing: Concepts, types and functions.
Unit 5: Emerging Modes of Business
- e-Business: concept, scope and benefits. Traditional Business versus e-Business.
- Limitations of e-Business.
- Online Transactions, Security and Safety of e-Transactions, e-Business Risks
- Resources Required for Successful e-business Implementation.
Unit 6: Social Responsibilities of Business and Business Ethics
- Concept of social responsibility, Need for Social Responsibility.
- Arguments for and against social Responsibility.
- Kinds of Social Responsibility
- Social Responsibility towards Different Interest Groups.
- Business and Environmental Protection
- Business Ethics – Concept and Elements.
Part II: Corporate Organisation, Finance and Trade
Unit 7: Formation of a Company
- Introduction, Promotion of a company
- Functions of a Promoter, Documents Required – Memorandum of Association, Articles of Association etc.
- Incorporation
- Capital Subscription
- One Person Company.
Unit 8: Sources of Business Finance
- Meaning, nature and significance of business finance
- Classification of Sources of funds, Sources of finance- Retained Earnings, Trade Creditor, Factoring, Lease Financing, Public Deposits, Commercial Papers, Issue of Shares- Equity Shares, Preferences Shares, Debentures, Commercial Banks, Financial Institutions.
- International Financing- Global Depository Receipt (GDRs), American Depository Receipt (ADRs), Indian Depository Receipt (IDRs), Foreign Currency Convertible Bonds (FCCBs).
- Factors affecting the choice of the source of funds.
Unit 9: MSME and Business Entrepreneurship
- Micro, Small and Medium Enterprises: Meaning and role
- Problems associated with MSME
- MSME and Entrepreneurship Development.
- Intellectual Property Rights- Importance and types.
Unit 10: Internal Trade
- Internal trade – meaning and types-Wholesale trade and retail trade,services rendered by a wholesaler and a retailer
- Types of retailing trade-Itinerant and fixed shops retailers
- Fixed shop large stores-Departmental stores, chain stores – concept, features, advantages and limitations.
- Mail Order Houses, consumer cooperative store, super markets - concept, features, advantages and limitations. Vending machines.
- GST (Goods and Services Tax): Concept and key-features
- Role of commerce and industry associations in promotion of internal trade.
Unit 11: International Business
- International Business: concept and reasons and scope
- International Business vs. Domestic Business
- Benefits of International Business
- Modes of entry into international business- Exporting and Importing, advantage and limitations.
- Contract manufacturing, licensing and franchising, Joint Ventures, wholly-owned subsidiaries, - meaning, advantages and limitation.
- Export-Import procedures and documentation.
Download the above syllabus in PDF below:
| PSEB Class 11 Business Studies Syllabus 2024-2025 PDF |
Also Check: PSEB Class 11 Syllabus 2024-2025 (All Subjects)
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