Syllabus 2022-2023

Class: XI
BUSINESS STUDIES (CODE NO. 054)
COURSE STRUCTURE

Theory: 80 Marks
Total Times: 3 hrs Project: 20 Marks

UNITS MARKS
Part A Foundations of Business
1 Nature and Purpose 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
Total 40
Part B Finance and Trade
7 Sources of Business Finance
20
8 Small Business
9 Internal Trade
20
10 International Business
Total 40
Part C Project Work (One) 20

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PART A: FOUNDATION OF BUSINESS

Concept includes meaning and features

UNIT 1: EVOLUTION AND FUNDAMENTALS OF BUSINESS

After going through this unit, the

Content
student/ learner would be able to:

History of Trade and Commerce in India:

Indigenous Banking System, Rise of
Intermediaries, Transport, Trading
● To acquaint the History of
Communities: Merchant Corporations,
Trade and Commerce in India
Major Trade Centers, Major Imports and
Exports, Position of Indian Sub-Continent
in the World Economy.

● Understand the meaning of

business with special reference to
economic and non- economic
Business – meaning and characteristics activities.
● Discuss the characteristics of
business.
● Appreciate the economic
and social objectives of
Objectives of business business.
● Examine the role of profit in
business.

● Understand the broad categories of

Classification of business activities -
business activities- industry and
Industry and Commerce
commerce.
Industry-types: primary, secondary, tertiary ● Describe the various types of
Meaning and subgroups industries.

● Discuss the meaning of

Commerce-trade: (types-internal, external;
commerce, trade and auxiliaries
wholesale and retail) and auxiliaries to
to trade.
trade; (banking, insurance, transportation,
● Discuss the meaning of different
warehousing, communication, and
types of trade and auxiliaries to
advertising) – meaning
trade.

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 ● Examine the role of commerce-
trade and
auxiliaries to trade.

● Understand the concept of risk as a

special characteristic of business.
● Examine the nature and causes of
Business risk-Concept
business
risks.

UNIT 2: FORMS OF BUSINESS ORGANIZATIONS

● List the different forms of business

organizations and understand their
Sole Proprietorship-Concept, merits and meaning.
limitations. ● Identify and explain the concept, merits
and
limitations of Sole Proprietorship.

● Identify and explain the concept,

merits and limitations of a Partnership
firm.
● Understand the types of partnership on
Partnership-Concept, types, merits and
the basis of duration and on the basis of
limitation of partnership, registration of
liability.
a partnership firm, partnership deed.
● State the need for registration
Types of partners
of a partnership firm.
● Discuss types of partners –active,
sleeping, secret, nominal and partner
by estoppel.

Hindu Undivided Family Business: ● Understand the concept of Hindu

Concept Undivided Family Business.

● Identify and explain the concept,

merits and limitations of Cooperative
Societies.
Cooperative Societies-Concept, types, ● Understand the concept of
merits, and limitations. consumers, producers, marketing,
farmers, credit and housing
co-operatives.

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 ● Identify and explain the concept,
merits and limitations.
● Understand the concept of private and
Company - Concept, merits and public companies and one person
limitations; Types: Private, Public and company.
One Person Company – Concept ● Understand the meaning of one
person company.
● Distinguish between a private company
and a public company.
● Highlight the stages in the formation
of a company.
Formation of company - stages,
● Discuss the important documents
important documents to be used
used in the various stages in the
in the formation of a company
formation of a
company.
● Distinguish between the various forms
of business organizations.
Choice of form of business organization ● Explain the factors that influence the
choice of a suitable form of business
organization.

UNIT 3: PUBLIC, PRIVATE AND GLOBAL ENTERPRISES

Public sector and private sector ● Develop an understanding of Public

enterprises – Concept sector and private sector enterprises

Forms of public sector enterprises:

● Identify and explain the features, merits
Departmental Undertakings, Statutory
and limitations of different forms of
Corporations and Government
public sector enterprises
Companies.

● Develop an understanding of global

Global Enterprises – Feature. Public
enterprises, public private partnership
private partnership – concept
by studying their meaning and features.

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UNIT 4: BUSINESS SERVICES

Business services – meaning and types. ● Understand the meaning and

Banking: Types of bank accounts - types of business services.
savings, current, recurring, fixed ● Develop an understanding of
deposit and multiple option deposit different types
account of bank accounts.

Banking services with particular

● Develop an understanding of
reference to Bank Draft, Bank
the different services provided
Overdraft, Cash credit. E-Banking
by banks
meaning, Types of digital payments

● Understand Utmost Good Faith,

Insurable Interest, Indemnity,
Contribution, Doctrine of
Insurance – Principles. Types – life,
Subrogation and Causa Proxima
health, fire and marine insurance–
as principles of insurance
concept
● Discuss different types of
insurance-life, health, fire,
marine insurance

Postal Service - Mail, Registered Post, ● Understand the utility of different

Parcel, Speed Post, Courier - meaning telecom services

UNIT 5: EMERGING MODES OF BUSINESS

● Give the meaning of e-business.

● Discuss the scope of e-business.
● Appreciate the benefits of
E - business: concept, scope and benefits
e-business
● Distinguish e-business from
traditional business.

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UNIT 6: SOCIAL RESPONSIBILITY OF BUSINESS AND BUSINESS ETHICS

● State the concept of social

Concept of social responsibility
responsibility.
● Examine the case for social
Case for social responsibility
responsibility.

Responsibility towards owners, ● Identify social

investors, consumers, employees, responsibilities towards
government and community. different interest groups.

● Appreciate the role of

Role of business in environment
business in environment
protection
protection.
● State the concept of
business ethics.
Business Ethics - Concept and Elements
● Describe the elements of
business ethics.

PART B: FINANCE AND TRADE

UNIT 7: SOURCES OF BUSINESS FINANCE

Business finance: Concept and ● State the meaning, nature and

Importance importance of business finance.

● Classify the various sources of

Owners’ funds- equity shares, funds into owners’ funds.
preferences share, retained earnings, ● State the meaning of owners’ funds.
Global Depository receipt (GDR), ● Understand the meaning of
American Depository Receipt (ADR) Global Depository receipts,
and International Depository Receipt American Depository Receipts
(IDR) – concept and International Depository
Receipts.

● State the meaning of borrowed

Borrowed funds: debentures and funds.
bonds, loan from financial institution ● Discuss the concept of
and commercial banks, public debentures, bonds, loans from
deposits, trade credit financial institutions and
commercial banks ,public

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 deposits&Trade credit
● Distinguish between owners’
funds and borrowed funds.

UNIT 8: SMALL BUSINESS AND ENTERPRISES

Entrepreneurship Development (ED):

● Understand the concept and
Concept and Need. Process of
need of Entrepreneurship
Entrepreneurship Development:
Development (ED),
Start-up India Scheme, ways to fund
Intellectual Property Rights
startup. Intellectual Property Rights
and Entrepreneurship

Small scale enterprise as defined by

● Understand the meaning of
MSMED Act 2006 (Micro, Small and
small business
Medium Enterprise Development Act)
Role of small business in India
● Discuss the role of small scale
with special reference to rural
business in India
areas
Government schemes and agencies for ● Appreciate the various Government
small scale industries: National Small schemes and agencies for
Industries Corporation (NSIC) and development of small scale
District Industrial Centre (DIC) with industries. NSIC and DIC with
special reference to rural, backward special reference to rural, backward
areas area

UNIT 9: INTERNAL TRADE

● State the meaning and types of

Internal trade - meaning and types
internal trade.
services rendered by a wholesaler and a
● Appreciate the services of
retailer
wholesalers and retailers.
Types of retail-trade-Itinerant and small ● Explain the different types of retail
scale fixed shops retailers trade.
● Highlight the distinctive features of
Large scale retailers-Departmental
departmental stores, chain stores
stores, chain stores - concept
and mail order business.
GST (Goods and Services Tax): Concept ● Understand the concept of GST

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and key-features

UNIT 10: INTERNATIONAL TRADE

● Understand the concept of

international trade.
International trade: concept and benefits ● Describe the scope of international
trade to the nation and business
firms.
● State the meaning and objectives of
export trade.
Export trade – Meaning and procedure
● Explain the important steps involved
in executing export trade.
● State the meaning and objectives of
import trade.
Import Trade - Meaning and procedure
● Discuss the important steps involved
in executing import trade.
● Develop an understanding of the
various documents used in
international trade.
Documents involved in International
● Identify the specimen of the various
Trade; indent, letter of credit, shipping
documents used in international
order, shipping bills, mate’s receipt
trade.
(DA/DP)
● Highlight the importance of the
documents needed in connection
with international trade transactions
● State the meaning of World Trade
Organization.
World Trade Organization (WTO)
● Discuss the objectives of World
meaning and objectives
Trade Organization in promoting
international trade.

UNIT 11: PROJECT WORK

As per CBSE guidelines.

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 BUSINESS STUDIES QUESTION PAPER DESIGN CLASS – XI (2022-23)
Theory: 80 Marks Time: 3 hrs.
Project: 20 Marks
% Weightage
S.No Typology of Questions Total Marks
(approx.)

Remembering: Exhibit memory of

previously learned material by recalling
facts, terms, basic concepts, and answers.

1 Understanding: Demonstrate 44 55%

understanding of facts and ideas by
organizing, comparing, translating,
interpreting, giving descriptions, and
stating main ideas

Applying: Solve problems to new

situations by applying acquired
2 19 23.75%
knowledge, facts, techniques and rules in
a different way.

Analysing : Examine and break

information into parts by identifying
motives or causes. Make inferences and
find evidence to support generalizations.

Evaluating: Present and defend opinions

by making judgments about information,
3 17 21.25%
validity of ideas, or quality of work based
on a set of criteria.

Creating: Compile information together

in a different way by combining elements
in a new pattern or proposing alternative
solutions.

Total 80 100%

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