Business Studies

ISC/Class 11
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Classification of business activities: Industry and Commerce. Industry - types: primary, secondary, tertiary - Meaning and sub types. Commerce - trade: types (internal, external, wholesale and retail; and auxiliaries to trade: banking, insurance, transportation, warehousing, communication, and advertising. Syllabus for business studies is given below:

Part A: Foundations of Business

Unit 1 - Evolution and Fundamentals of Business

Unit 2 - Forms of Business Organisations

Unit 3 - Public, Private and Global Business

Unit 4 - Business Services

Unit 5 - Emerging Modes of Business

Unit 6 - Social Responsibility of Business and Business ethics

Part B: Finance and Trade

Unit 7 - Sources of Business Finance

Unit 8 - Small Business

Unit 9 - Internal Trade

Unit 10 - International Business

Term I- MCQ based Question Paper of 40 marks, duration 90 minutes 

Term II- Subjective Question Paper of 40 marks, duration 2 hrs. 

The syllabus of Business Studies Class 11 is divided into theory and project work. The theory is for 80 marks and the rest 20 marks are for the project work students have to submit. The syllabus is fundamental to students with an interest in the field of business. Students wishing to pursue the same in their higher studies should focus on obtaining an in-depth understanding of the topics and concepts.

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