BUSINESS STUDIES

Business studies is an academic subject taught in schools and at university level in many countries. Its study combines elements of accountancy, finance, marketing, organizational studies, human resource management, and operations. Business studies is a broad subject,[1] where the range of topics is designed to give the student a general overview of the various elements of running a business.Business studies can be taken as part of the General Certificate of Secondary Education (GCSE) option for Year 9, Year 10 and Year 11 at secondary school, and also can be taken as part of a GCE Advanced Level (A-level) course in Year 12 and Year 13. It includes a range of subjects, which give the student general understanding of the various elements of running a business. Subjects covered include, but are not limited to: Business Organization, People in Business, Marketing, Operations & Production, Finance, and Strategic Management.[2] Business studies is taught at the secondary level in India as an academic elective under the Central Board of Secondary Education. It covers management, marketing, and finance.

THE IMPORTANCE OF BUSINESS STUDIES

Business activity affects the daily lives of all people, as they work, spend, save, invest, travel, and play. Business in?uences jobs, incomes, and opportunities for personal enterprise and development. Business has a signi?cant effect not only on the standard of living and quality of life, but also on the environment in which people live.


At some point in their lives, all students will encounter the world of business. They, therefore, must be prepared to engage in business activity with con?dence and competence, by understanding how businesses function and the role it plays in our society. Students should familiarise themselves with the skills that are required in the business environment and the impact these skills can have on their own lives and on society

BUSINESS STUDIES CLASS 11TH SYLLABUS

Part A: Foundation of Business



  • Nature and Purpose of Business

  • Forms of Business organizations

  • Public, Private and Global Enterprises

  • Business Services

  • Emerging Modes of Business

  • Social Responsibility of Business and Business Ethics

Part B: Finance and Trade



  • Sources of Business Finance

  • Small Business

  • Internal Trade

  •  International Trade

BUSINESS STUDIES CLASS 12TH SYLLABUS

Part A: Principles and Functions of Management



  1. Nature and Significance of Management

  2.  Principles of Management

  3. Business Environment

  4. Planning

  5. Organising

  6. Staffing

  7. Directing

  8. Controlling

 Part B: Business Finance and Marketing



  1. Financial Management

  2. Financial Markets

  3.  Marketing

  4. Consumer Protection