Class XI: Business Organisation & Management Syllabus
BUSINESS ORGANISATION AND MANAGEMENT CLASS - XI (Full Marks 100)
UNIT-I
Business: Meaning, definition, basic features, difference between business and profession.
Business activities classified : Industry, trade and commerce—their inter¬relationship.
UNIT-II
Objectives of business : Nature and importance of objectives, multiple objectives: primary and secondary objectives, need for balancing the multiple objectives.
Scale responsibility of business : concept, case for social responsibility and human rights, responsibility towards different interest groups like owners and investors.
UNIT-III
Business organisation : Meaning, importance, steps in setting up a business organisation, personal and impersonal aspects, concept of separate entity.
Scale of business : Large, medium and small scale business, factors influencing the size, roles of large, medium and small scale industries (including cottage industry) in Indian economy.
UNIT-IV
Private sector : broad and general ideas with reference to (a) ownership and control, (b) legal status, (c) capital, (d) management, (e) stability, (0 risk and liability, (g) entitlement to profit.
(i) Sole proprietorship,
(ii) Partnership—registered and unregistered,
(iii) Company—public and private, Memorandum and Articles of Association,
(iv) Co-operatives—objectives, different types.
UNIT-V
Industry : Primary, secondary and tertiary.
Purchase and sale : Essential aspects of a buying and selling transaction in case of goods as well as services, market—importance and types, general concept of global market, domestic market, consumer market and business market, services and limitations of functional and merchant middleman.
UNIT-VI
Trade : Home trade, wholesale trade, retail trade, large scale retailing— features, advantages and limitations of (a) chain store, (b) multiple shop, (c) departmental store, (d) supermarket. Hire purchase and instalment system.
Foreign trade : Characteristics, basis of foreign trade, different types of importers and exporters, general procedure of import and export including recent changes in India.
UNIT-VII
Capital : Meaning, functions, types and forms of business capital, owned capital and borrowed capital.
Profit : Various meaning of profit in business, economics and taxation, profit earning vs. profiteering.
Turnover : Turnover of capital, its relationship with business performance and growth.
UNIT-VIII
Market : General concept of domestic market, global market, consumer market and business market.
Organised market: Capital market, money market, commodity market— nature, importance, objectives and functions (elementary ideas).
*******
- 149 views