Punjab Board PSEB Class 11 Business Studies Syllabus 2025-26, Download FREE PDF

Board Name

Punjab School Education Board (PSEB)

Class

11

Subject

Business Studies

otal Marks

100

Theory Marks

80

Internal Assessment

20

Paper Duration

3 Hours

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 the 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 bank, e-Banking – Meaning and benefits.  Insurance – Functions, Principles and Types – Life, Fire and Marine Insurance.  Communication Services, Postal Services, Telecom Services.  

• Transportation.  

• 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.  

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 stores, 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 limitations.  

• Export-Import procedures and documentation.