CBSE Syllabus For Class 11 Business Studies 2023 For Term 1 & Term 2: Business Studies is an important subject for CBSE Commerce Stream. Here you will learn various business methodologies related to an organization. You should have a depth concept in the Class 11 Business Studies to score better marks in the CBSE 11th Board exam. With a better concept on the latest Class 11 Business Studies Syllabus, you can secure good marks.
Detailed CBSE Syllabus For Class 11 Business Studies 2023 For Term 1 & Term 2
Part A: Foundation of Business
Unit 1: Evolution and Fundamentals of Business
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 organizations
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, 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 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
Part B: Finance and Trade
Unit 7: Sources of Business Finance
Concept of business finance
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, loan from financial institution 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 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
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)
Download Free Syllabus For Business Studies
CBSE Class 11 Business Studies 2023 Exam Pattern For Term 1 & Term 2
| Units | Topic | 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 and Business Ethics | |
| Part B | Finance and Trade | |
| 7 | Sources of Business Finance | 20 |
| 8 | Small Business | |
| 9 | Internal Trade | 20 |
| 10 | International Business | |
| 11 | Project Work | 20 |
| Total | 100 |
Out of the 100 marks, the remaining 20 marks are covered by the project work which are undertaken by the practical exams. Internal Assessment: Includes practical and viva voice.
Read More: CBSE NCERT Textbook For Class 11 Business Studies 2023 For Term 1 & Term 2
The Class 11 Business studies Book has two parts. The first part of the book has topics like Nature and Significant of Business Studies and Management, Business Environment, Organizing, Directing, Controlling, etc. While, the second part of the book has topics like Business Finance, Marketing, Consumer Protection, etc. Here you can download NCERT Textbook for Class 11 Business Studies for Hindi and English Medium.
| Download Free CBSE Class 11 Business Studies Books PDF |
Other Important Links Related to CBSE 11th Business Studies 2023 For Term 1 & Term 2
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We have covered the detailed guide on CBSE Syllabus For Class 11 Business Studies 2023 For Term 1 & Term 2. Feel free to ask any questions related to CBSE Class 11 Business Studies in the comment section below.
FAQ: CBSE Syllabus For Class 11 Business Studies 2023 For Term 1 & Term 2
What weightage does project work carry?
The project work carries 20 marks out of 100 marks.
Can I download CBSE Syllabus For Class 11 Business Studies 2023 PDF free?
Yes, you can download CBSE Syllabus For Class 11 Business Studies 2023 PDF free.
Is there any change in CBSE 11th Syllabus 2022-23
There is no reduction in CBSE Syllabus 2022-23 for the 9th, 10th, 11th & 12th. As this CBSE Syllabus is applicable for Academic Session 2022-23, so students preparing for CBSE board exams 2023 have nothing to do with this syllabus.
Why are NCERT books so cheap?
One of the reasons why NCERT books are cheap is because of the subsidized paper that the government uses for printing them.