Business Studies (Deleted Portion)-2021

Business Studies

(Code No. 054) 
CLASS–XI
DELETED PORTIONS  

Part A: Foundation of Business                                
 

Unit 2: Forms of Business organizations     

• Choice of form of business organization 

 
Unit 3: Public, Private and Global Enterprises     

• Global Enterprises – Feature. Joint ventures, Public private partnership – concept 

 
Unit 4: Business Services       

• Postal Service - Mail, Registered Post, Parcel, Speed Post, Courier - meaning 

 
Unit 5: Emerging Modes of Business     

•  Business Process Outsourcing (BPO): Concept, need and scope 

 
Unit 6: Social Responsibility of Business and Business Ethics 

•  Business Ethics - Concept and Elements 

                             
Part B: Finance and Trade             
 
                

Unit 7: Sources of Business Finance

•  Borrowed funds: Inter Corporate Deposits (ICD) – Concept 

 
Unit 9: Internal Trade     

• Types of retail-trade-Itinerant and small scale fixed shops retailers 
•  GST (Goods and Services Tax): Concept 

 
Unit 10: International Trade      

• Export trade – Meaning and procedure  
• Import Trade - Meaning and procedure 
• Documents involved in International Trade: indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP) World Trade Organization (WTO) meaning and objectives