CBSE Class 11 Business Studies Syllabus for 2022-23

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2022-23 Reduced Syllabus

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<red> Marked in red: <red> Topics <red> removed <red>for 2021-22

Units Unit Names Marks
Term I: Part A - Foundations of Business
1 Evolution and Fundamentals of Business 16
2 Forms of Business Organisations
3 Public, Private and Global Enterprises 14
4 Business Services
5 Emerging Modes of Business 10
6 Social Responsibility of Business and Business Ethics
Term II: Part B - Finance and Trade
7 Sources of Business Finance 20
8 Small Business and Entrepreneurship Development
9 Internal Trade 20
10 International Business
Project Work (Only One) 20
TOTAL 100

TERM I

NOTE: Concept includes meaning and features.

Part A - Foundations of Business

Unit 1: Nature and Significance of Management

  • History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.
  • Business - meaning and characteristics
  • 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 Organisations

  • Sole Proprietorship - Concept, merits and limitations.
  • Partnership - Concept, types, merits and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners
  • Partnership vs. Limited Liability Partnership (LLP)
  • Hindu Undivided Family Business - Concept
  • Cooperative Societies-Concept, types, merits, and limitations.
  • Company - Concept, merits and limitations; Types: Private, Public and One Person Company - Concept
  • Private Company vs. Limited Liability Partnership (LLP)
  • Formation of company - stages, important documents to be used in the formation of a company
  • Choice of form of business organization

Unit 3: Public, Private and Global Enterprises

  • Public sector and private sector enterprises - Concept
  • Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations and Government Company.
  • Global Enterprises – Feature. Joint ventures, Public private partnership - concept

Unit 4: Business Services

  • Business services – meaning and types. Banking: Types of bank accounts - savings, current, recurring, fixed deposit and multiple option deposit account
  • Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments
  • Insurance – Principles. Types – life, health, fire and marine insurance - concept
  • Postal Service - Mail, Registered Post, Parcel, Speed Post, Courier - meaning

Unit 5: Emerging Modes of Business

  • E - business: concept, scope and benefits
  • Business Process Outsourcing (BPO): Concept, need and scope

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.
  • Role of business in environment protection
  • Business Ethics - Concept and Elements


TERM II

Part B - Finance and Trade

Unit 7: Sources of Business Finance

  • Business finance - Concept and importance
  • Owners’ funds - equity shares, preferences share, retained earnings, Global Depository receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) - concept
  • Borrowed funds: debentures and bonds, loans from financial institutions and commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).

Unit 8: Small Business and Enterprises

  • Entrepreneurship Development (ED): Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship
  • Small scale enterprise - Definition (as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act))
  • Role of small business in India with special reference to rural areas
  • 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 small scale fixed shops retailers
  • Large scale retailers-Departmental stores, chain stores - concept
  • GST (Goods and Services Tax) - Concept and key features

Unit 10: International Trade

  • International trade: concept and benefits  Understand the concept of international trade.
  • Export trade – Meaning and procedure
  • Import Trade - Meaning and procedure
  • Documents involved in International Trade; indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/ DP)
  • World Trade Organization (WTO) meaning and objectives

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