This page contains the NCERT solutions for class 11 Business Studies.
NCERT solutions for the following chapters are available for class 11 Business Studies. The solutions for NCERT class 11 Business Studies are provided in detail and can be viewed by clicking on the links provided. This page gives an overview of the lessons. The entire Business Studies book is devided into two parts namely
Part I
Foundations of Business
Part II
Corporate Organisation, Finance and Trade
Part I: Foundations of Business
Part I: Foundations of Business covers the following chapters.
1. Business, Trade and Commerce: In this chapter, the students will be able to
i.
Appreciate teh development of trade and commerce in historical past.
ii.
Understand the role of indigenous banking system in trade and commerce.
iii.
Explain the concept of objectives of business
iv.
Discuss types of Industries
v.
Explain the activities relating to commerce.
vi.
Describe the nature of business risks and their causes.
vii.
Discuss the basic factors to be considered while starting a business.
2. Forms of Business Organisation: In this chapter, the students will be able to
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identify different forms of business organisation
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explain features, merits and limitations of different forms of business organisations.
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distinguish between various forms of organisations
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discuss teh factors determining choice of an appropriate form of business organisation.
3. Private, Public and Global Enterprises: After completing this chapter, the students should be able to
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explain the concept and characteristics of business
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explain the features of different forms of public enterprises vi., departmental, statutory corporations and government companies.
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critically examine the changing role of public sector
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explain the features of global enterprises
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appreciate the benefits of joint ventures
4. Business Services: After completing this chapter, the students should be able to
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state the characteristics of services
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distinguish services from goods.
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classify different types of business services.
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explain the concept of e-banking.
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identify and classify different types of insurance policies.
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describe different types of warehouses.
5. Emerging Modes of Business: After completing this chapter, the students should be able to
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state the meaning of e-business
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explain the process of online buying and selling as part of e-business
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distinguish e-business from traditional business
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state benefits of switching over to electronic mode
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explain requirements for a firm’s initiation into e-business
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identify major security concerns of electronic mode of doing business.
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discuss the need for business process outsourcing
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explain the scope of business process outsourcing
6. Social Responsibilities of Business and Business Ethics: After completing this chapter, the students should be able to
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explain the concept of social responsibility.
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discuss the need for social responsibility.
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identify the social responsibility towards different interest groups.
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analyse the relationship between business and environmental protection
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define the concept of business ethics and state teh elemetns of business ethics.
Part II: Corporate Organisation, Finance and Trade
7. Formation of a Company After completing this chapter, the students should be able to
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specify the important statges in the formation of a company.
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describe the steps involved in each stage of company formation.
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specify the documents to be submitted to the registrar of companies.
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state teh need of certificate of incorporation and certificate to commence business.
8. Sources of Business Finance: After completing this chapter, the students should be able to
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state the maning, nature and importance of business finance
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classify the various sources of business finance
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evaluate merits and limitations of various sources of finance.
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identify the international sources of finance
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examine the factors that affect the choice of an appropriate source of finance.
9. Small Business and Entrepreneurship: After completing this chapter, the students should be able to
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explain the meaning and nature of small business
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appreciate the role of small business in India
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analyse the problems of small business
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classify the different forms of assistance provided by the government to small business, particularly in rural and hilly areas.
10. Internal Trade: After completing this chapter, the students should be able to:
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describe the meaning and types of internal trade
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specify the services of wholesalers to manufacturers and retailers
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explain the services of ratailers
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classify the types fo retailers
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explain the forms of small scale and large scale retailers
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state the role of Chambers of Commerce and industry in the promotion of internal trade.
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officiate the implementation of GST
11. International Business: After completing this chapter, the students should be able to:
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State the meaning of International Business
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Distinguish between Internal and International Business
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Discuss the scope of International Business
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Enumerate teh benefits of International Business
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Discuss the documents required for import and export transportations
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Identify the incentives and schemes available for International firms
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Discuss the role of different organisations for the promotion of International Business
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List the major International institutions and agreements at the global level for the promotion of International trade and development.
