Business Studies | WBCHSE Class XI | Semester 1

Business Studies (BSTD) – Class XI Semester 1
Full Marks: 40
Contact Hours: 100 hours
Total Units: 5

Unit 1: Nature and Purpose of Business
Hours: 20 | Marks: 8

Topics include:
History of trade and commerce in India
Concept and characteristics of business
Difference between business, profession, and employment
Objectives of business (economic and social)
Classification of business activities (industry and commerce)
Types of industry: primary, secondary, tertiary
Commerce: trade and auxiliaries to trade (banking, insurance, transport, advertising etc.)
Business risks: nature and causes

Unit 2: Forms of Business Organisation
Hours: 26 | Marks: 10

Topics include:
Sole proprietorship
Partnership (features, types, registration, partnership deed)
Limited Liability Partnership (LLP)
Cooperative societies
Company (private and public companies)
Stages in formation of a company
Steps for starting a business
Choosing the right form of business organisation

Unit 3: Public, Private and Global Enterprises
Hours: 20 | Marks: 6

Topics include:
Private sector and public sector enterprises
Forms of public sector enterprises:
Departmental undertakings
Statutory corporations
Government companies
Global enterprises
Joint ventures and Public-Private Partnership (PPP)

Unit 4: Business Services
Hours: 20 | Marks: 10

Topics include:
Banking and types of bank accounts (savings, current, recurring, fixed deposit)
Banking services (bank draft, cheque, RTGS, NEFT, overdraft, cash credit, e-banking)
Insurance (life, health, fire, marine)
Postal and telecom services (registered post, parcel, speed post, courier)

Unit 5: Emerging Modes of Business
Hours: 14 | Marks: 6

Topics include:
E-Business: scope, benefits, resources, online transactions, payment systems, security
Outsourcing: concept, need and scope
BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing)