Business Studies

Introduces the concept of business, its objectives, and the role it plays in economic development. Explores distinctions between economic and non-economic activities, and types of business activities like industry and commerce.

Discusses various forms of business ownership such as sole proprietorship, partnership, joint Hindu family, cooperative societies, and company structures, highlighting their features, merits, and limitations.

Examines the nature and role of public, private, and joint sector enterprises. Also covers the impact and significance of multinational companies (MNCs) in the global business environment.

Explains essential services supporting business operations, such as banking, insurance, transportation, warehousing, and communication. Discusses the importance and types of each.

Focuses on new business models driven by technology, especially e-business and outsourcing. Highlights their advantages, limitations, and ethical concerns.

Covers the responsibilities of business towards different interest groups. Discusses the concept, need, and elements of business ethics in decision-making.

Discusses the various sources through which businesses can raise finance – owned and borrowed, short-term and long-term, including shares, debentures, loans, and trade credit.

Highlights the role and importance of small-scale industries in India, government support, and challenges they face. Discusses cottage industries and rural enterprises.

Explores buying and selling of goods within the country. Covers retail and wholesale trade, types of retailers, and the role of chambers of commerce.

Introduces the concept of global trade, its benefits, and procedures. Discusses export and import practices, and the role of international institutions like WTO.