This document outlines the revised syllabus for Business Studies for higher secondary first year students in India. It includes 11 units covering topics like forms of business organization, public and private enterprises, business services, emerging business models, social responsibilities of business, company formation, sources of business finance, MSMEs, internal and international trade. The syllabus allocates marks and periods for each topic. It also describes the format and topics for the project work component of the course worth 20 marks.
This document outlines the revised syllabus for Business Studies for higher secondary first year students in India. It includes 11 units covering topics like forms of business organization, public and private enterprises, business services, emerging business models, social responsibilities of business, company formation, sources of business finance, MSMEs, internal and international trade. The syllabus allocates marks and periods for each topic. It also describes the format and topics for the project work component of the course worth 20 marks.
This document outlines the revised syllabus for Business Studies for higher secondary first year students in India. It includes 11 units covering topics like forms of business organization, public and private enterprises, business services, emerging business models, social responsibilities of business, company formation, sources of business finance, MSMEs, internal and international trade. The syllabus allocates marks and periods for each topic. It also describes the format and topics for the project work component of the course worth 20 marks.
This document outlines the revised syllabus for Business Studies for higher secondary first year students in India. It includes 11 units covering topics like forms of business organization, public and private enterprises, business services, emerging business models, social responsibilities of business, company formation, sources of business finance, MSMEs, internal and international trade. The syllabus allocates marks and periods for each topic. It also describes the format and topics for the project work component of the course worth 20 marks.
REVISED SYLLABUS FOR HIGHER SECONDARY FIRST YEAR COURSE.
W.E.F. SESSION: 2023-24
Theory: 80 marks Time: Three Hours.
Project: 20 Marks
Unit wise Distribution of Marks & Periods:
Units Topics Marks Periods Part-A Foundation of Business Unit-1 Business, Trade and Commerce 08 15 Unit-2 Forms of Business Organisation 10 15 Unit-3 Public, Private, and Global Enterprises 06 15 Unit-4 Business Services 08 15 Unit-5 Emerging Modes of Business 06 10 Unit-6 Social Responsibilities of Business and 06 15 Business Ethics Part-B Corporate Organisation, Finance and Trade Unit-7 Formation of a Company 08 20 Unit-8 Sources of Business Finance 08 15 Unit-9 MSME and Business Entrepreneurship 06 10 Unit-10 Internal Trade 08 15 Unit-11 International Business 06 15 Total(Theory) 80 Part-C Project Work. 20 20 Total( Theory +Project) 100 180
Unit wise Distribution of Course Contents:-
Part-A: Foundation of Business Unit-1: BUSINESS, TRADE AND COMMERCE: Marks: 08 Introduction. Concept of Business, Characteristics and Objectives. Comparison of Business, Profession and Employment. Classification of Business activities- Industry and Commerce. Industry- Types: Primary, Secondary, Tertiary- Meaning and Sub-groups. Commerce-Trade and Auxiliaries to Trade. Business Risk- Concept, Nature and Causes. Starting a Business- Basic factors. Role of Business in the Development of Economy.
Unit-2: FORMS OF BUSINESS ORGANISATION: Marks-10
Sole Proprietorship- Concept, Features, Merits and Limitations. Joint Hindu Family Business- Concept, Features, Merits and Limitations. Partnership- Concept, Features, Merits and Limitations, Types of partners, Types of Partnerships, Partnership Deed, Registration. Cooperative Society- Concept, Features, Merits and Limitations. Types of Cooperative Societies. Joint Stock Company- Meaning, Features, Merits, Limitations, Types of Companies, Difference between Private and Public Company. Choice of forms of Business Organisation- Factors affecting. Unit-3: PUBLIC, PRIVATE AND GLOBAL ENTERPRISE: Marks-06 Public Sector and Private Sector - Concept. Forms of organising, Public Sector Enterprises: Departmental Undertakings- Features, Merits and Limitations. Statutory Corporation- Features, Merits and Limitations. Government Company- Features, Merits and Limitations. Changing Role of Public Sector. Global Enterprise- Concept, Features. Joint Ventures- Meaning, Types, Benefits. Public Private Partnership (PPP).
Unit-4: BUSINESS SERVICES: Marks-08
Introduction, Nature of Services, Difference between Services and Goods, Types of Services. Business Services: Banking- Types of Banks, Functions of Commercial Banks, e-Banking- Benefits. Insurance- Principles of Insurance, Its Types- Life, Fire and Marine. Difference between Life, Fire and Marine Insurance. Communication Services: Postal and Telecom Services. Warehousing: Concept, Types and Functions.
Unit-5: EMERGING MODES OF BUSINESS: Marks-06
E-Business- Concept, Scope and Benefits, Limitations. Traditional Vs e-Business. Online Transactions-Security and Safety of e-Transactions.
Unit-6: SOCIAL RESPONSIBILITIES OF BUSINESS AND BUSINESS ETHICS: Marks-06
Concept of Social Responsibility. Need for Social Responsibility: Arguments for and against Social Responsibility. Responsibility towards Owners, Investors, Employees, Consumers, Government and Community. Business and Environmental protection: Types of Pollution, Role of Business in Environmental Pollution. Business Ethics- Concept and Elements.
Part-B: Corporate Organisation, Finance and Trade.
Unit-7: FORMATION OF COMPANY: Marks-08
Introduction, Formation of a Company- Its different stages, Promotion of a Company: Promoter- Meaning, Functions, Registration or Incorporation of Company, Documents required for Incorporation of Company- Memorandum of Association- Its meaning & Different clauses, Articles of Association- Its meaning and contents, Capital Subscription Stage, Memorandum of Association Vs Articles of Association, Prospectus, Statement in lieu of Prospectus. Unit-8: SOURCES OF BUSINESS FINANCE: Marks-08 Meaning, Nature and Significance of Business Finance, Classification of Sources of Funds, Sources of Finance: Retained Earnings- Merits & Limitations, Trade Credit- Merits & Limitations, Public Deposits- Merits & Limitations, Factoring- Merits and Demerits, Lease Financing- Merits and Demerits, Issue of Shares, Types of Shares, Preference Share- Its types, Debenture-Its types. International Financing, GDRs, ADRs & IDRs, FCCBs. Factors affecting the choice of the Sources of Funds. Unit-9: MSME AND BUSINESS ENTREPRENEURSHIP: Marks-06 Micro, Small and Medium Enterprises: Concept, Role of MSME, Problems associated with MSME, MSME and Entrepreneurship Development. Intellectual Property Rights (IPR) - Its Importance for Entrepreneurs, Types of Intellectual Properties-Trademark, Geographical Indication, Patent, Design, Plant Variety, Semiconductor, Integrated Circuits Layout Design.
Unit-10: INTERNAL TRADE: Marks-08
Internal Trade- Meaning, Wholesale Trade- Meaning, Services of Wholesalers, Retail trade- Meaning, Services of Retailers. Types of Retailing Trade-Itinerant Retailers, Fixed shop Retailers- Fixed shop small Retailers- Its types, Fixed Shop Large Store-(Departmental stores, Chain store or Multiple shops), Their Features, Merits and Limitations, Departmental Store Vs Multiple Shop. Mail Order Houses- Meaning, Merits and Limitations. Super Markets-Meaning, Merits and Limitations. Vending Machine- Meaning Goods and Services Tax (GST) –Concept and key features. Role of Commerce and Industry Associations in Promotion of Internal Trade.
Unit-11: INTERNATIONAL BUSINESS: Marks-06
Meaning of International Business, International Business Vs Domestic Business, Scope of International Business, Benefits of International Business, Modes of Entry into International Business- Exporting and Importing, Contract Manufacturing, Licensing and Franchising, Joint Ventures, Wholly owned Subsidiaries. Export- Import Procedures and Documentation. Export Procedure. Import Procedure. Documents used in Export and Import Trade. BUSINESS STUDIES PROJECT WORK FOR HIGHER SECONDARY FIRST YEAR COURSE.
Project Work - 20 Marks.
Project Preparation 12 Marks Project VIVA VOCE 08Marks
Format for Project Work of the subject Business Studies (H.S. First Year) Cover Page:- 1. Title of the Project. 2. Information of the student (Name, Roll No, Registration No, Year) 3. Name of the Supervisor/Guide. 4. Name of the Institution. 5. Year.
Second Page: - Acknowledgement.
Third Page: - Declaration by the students.
Forth Page: - Certificate from Supervisor/Guide.
Certificate from Head of the Institution/Department.
Fifth Page: - Contents/Index.
Main text of the project References /Bibliography.
The project work for H.S. First Year students may include topics like: 1. Field work/visit to Consumer Co-operative Societies/Handloom/handicraft units, wholesale market, Shopping malls, Local Hut (bazaar-weekly, daily, regulated markets). 2. Visit to some service sector units like Hotels/Insurance/Restaurants/Travel Agencies/Tent houses and likewise. 3. E-marketing and its popularity. 4. Visit to village industries units like piggery, poultry, fishery, cane and bamboo, diary, specially promoted by SHGs. 5. E-banking. 6. Social responsibilities of Business discharged by leading organisations. 7. Study on leading entrepreneurs of your city/town/locality. 8. Visit to Micro, small and medium industry. 9. Food processing industry. 10. Study on various Government schemes that support MSMEs of your area.
