AHSEC 1st Year Syllabus Business Studies

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BUSINESS STUDIES

SYLLABUS FOR HIGHER SECONDARY FIRST YEAR COURSE

One Paper Time : Three hours Marks : 100

Unitwise Distribution of Marks & Periods :

Unit Title Marks Periods
Part-A : FOUNDATIONS OF BUSINESS
Unit-I Nature and Purpose of Business 08 15
Unit-II Forms of Business Organisations 12 20
Unit-III Private, Public and Global Enterprises 10 20
Unit-IV Business Services 10 15
Unit-V Emerging Modes of Business 08 15
Unit-VI Social Responsibility of Business and Business Ethics 08 17
Unit-VII Formation of a Company 07 16
Unit-VIII Sources of Business Finance 12 20
Unit-IX Small Business 07 10
Unit-X Internal Trade 10 20
Unit-Xl International Business 08 12
Total 100 180

Unitwise Distribution of Course contents :
Part-A : FOUNDATIONS OF BUSINESS
Unit-I : Nature and Purpose of Business Marks : 08
 Concept and characteristics of business.
 Business, profession and employment - distinctive features.
 Objectives of business- economic and social, role of profit in business.
 Classification of business activities : industry and Commerce.
 Industry– types : primary, secondary, tertiary.
 Commerce : Trade and Auxiliaries.
 Business risks– Nature and causes.
Unit-II : Forms of Business Organisations : Marks : 12
 Sole Proprierorship: Joint Hindu Family Business- meaning, features. merits and limitations.
 Partnership– meaning. types, registration, merits; limitations, types of partners.
 Cooperative Societies– types, merits and limitations.
 Company : Private Ltd., Public Ltd.– merits, limitations.

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 Choice of form of business organisations.
 Starting a business– Basic factors.
Unit-III : Private, Public and Global Enterprises Marks : 10
 Private Sector and Public Sector.
 Forms of Organising public sector enterprises :
- Departmental Undertaking
- Statutory Corporation
- Government Company
 Changing role of public Sector.
 Global Enterprises (Multinational Companies) : meaning and features.
 Joint ventures - meaning, benefits.
Unit-IV : Business Services Marks : 10
 Nature and types of Business services- Banking, Insurance, Transportation, Warehousing
Communication.
 Banking– types of Banks, Functions of Cominercial banks, E-banking.
 Insurance : principles, types : life, fire and marine.
 Postal and Telecom services.
 Warehousing : types and functions.
Unit-V : Emerging Modes of Business Marks : 08
 E-Business– Meaning, scopc and benefits, Resources required for successful e-business
implementation, On-line transactions, payment mechanism, security and safety of business
transactions.
 Outsourcing– concept, need and scope.
Unit-VI : Social Responsibility of Business and Business Ethics Marks : 08
 Concept of social responsibility;
 Case for social responsibility;
 Responsibility towards different interest groups: owners, investors, employees, consumers,
government, community and public in general;
 Business and environmental protection;
 Business ethics : concept and clements.
Unit-VII : Formation of a Company : Marks : 07
Stages in the formation of a company :
 Promotion,
 Incorporation, and
 Commencement of business.
Unit-VIII : Sources of Business Finance Marks : 12
 Nature and significance

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 Financial requirements and sources : owners funds and borrowed funds
 Methods of raising Finance :
- Equity and Preference shares
- Debentures and Bonds
- Retained profits
- Public deposits
- Loan from Commercial Banks
- Loan from Financial Institution
- Trade Credit
- Discounting of Bills of Exchange
- Global Depository Receipt, American Depository Receipt
Unit-IX : Small Business Marks : 07
 Small Scale industry; Tiny Sector; cottage and rural industry;
 Role of small business in rural India;
 Problems of small business in India.
 Govemment Assistance and Special Schemes for Industries in rural, backward and hilly areas.
Unit-X : lntemal Trade Marks : 10
 Meaning and types of internal trade : wholesale and retail;
 Services of a wholesaler and a retailer.
 Types of Retail Trade:
- Itinerant retailers and fixed shops.
- Departmental store, super market, malls, chain store, mail order business, consumer's
cooperative store
- Automatic Vending Machine
 Role of Chambers of Commerce and Industry in promotion of internal trade.
Unit-XI : International Business Marks : 08
 Nature, Importance, scope and complexities involved in International Business;
 Basic information about ways of entering tnto International Business;
 Contract manufacturing; licensing; franchising; Joint ventures and Setting up Wholly Owned
Subsidies;
 Export-Import procedures and Documentation;
 Foceign Trade Promotion : Organisational Support and Incentives; Nature and Imponance of
Export Processing Zone/Special Economic Zones;
 International Trade Institutions and Agreement : WTO, UNCTAD, World Bank/IMF.

Prescribed Textbook : Business Studies, Published by NCERT.
¬ı…ª¸±˚˛ ’Ò…˚˛Ú√, Published by AHSEC.

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