Class 11 Business Studies NCERT Textbook Solutions - Free PDF download
Class 11 is one of the classes which receives the least attention from students. Right after the stress and hard work of class 10, students want to relax and take it easy before the stress of Class 12 begins again. While this is a fair point, it is often essential to not ignore this year altogether. A balance between enjoyment and studies must be maintained as the syllabus of Class 11 plays an important role in Class 12.
Class 11 is considered to be more difficult when compared to the other years. There is usually a gap that needs to be bridged while shifting from the 10th grade to the 11th. In this gap, students must not give up the habit of studying regularly. They should make it a routine to study the chapters of Class 11 on an everyday basis and clear any conceptual doubts immediately.
Coming to Business studies, this subject is a vital and new one for the new commerce batch, thus extra attention right from the foundation is to be paid by the students. This could create a bit of fear and even curiosity in the minds of the students, so they are advised to tackle all such with the required guidance.
Business Studies has great importance in our day-to-day life and plays a huge role in how we look at money and purchases. Not only does it talk about businesses in general but it goes in-depth about concepts like finances and accounts, markets, human resources, staff and trade.
The Business Studies Class 11 NCERT curriculum is critical not only from the point of the board examination but also as a discipline that can prove to be very useful for students at a later point in their lives. With proper guidance and understanding, it may eventually be the stepping stone for individuals who might opt for a professional course in business administration. From the examination point of view, students can score well in this subject if they understand the basics and technique of correlation to the everyday scenario.
Answers usually require systematic and pointwise writing. Definitions and concepts are very important in this subject. Keeping a few real-life scenarios as examples, students can score very high marks if prepared appropriately. For those thinking of pursuing Business studies in the future, this acts as a base. It could even open avenues to step outside of the country for higher studies.
The scope of NCERT solutions Class 11 Business Studies PDF is wide, having incorporated a number of chapters that deals with almost every area of business. It is the rudimentary understanding of these concepts based on which students would further proceed into far more complex topics.
NCERT Business Studies Class 11 Solutions – Free PDF Download
Keeping in mind the nature and significance of the subject, the NCERT solution of Business Studies Class 11 must be studied rigorously. Students should refer to the NCERT solution for Class 11 Business Studies at the earliest and start practising question-answers. With consistent practice, it would become much easier for students to identify the areas that are not yet fully prepared. Business Studies Class 11 NCERT PDF download can be done easily through the chapter-wise pdf links provided below.
Chapter - Wise Business Studies Class 11 PDF Content
Chapter 1 - Nature and Purpose of Business.
Chapter 2 - Forms of Business Organisation.
Chapter 3 - Private, Public and Global Enterprises.
Chapter 4 - Business Services.
Chapter 5 - Emerging Modes of Business.
Chapter 6 - Social Responsibilities of Business and Business Ethics.
Chapter 7 - Formation of a Company.
Chapter 8 - Sources of Business Finance.
Chapter 9 - Small Business.
Chapter 10 - Internal Trade.
Chapter 11 - International Business - I.
Chapter 12 - International Business - II.
Marks Distribution of Business Studies (2022-23)
Foundations of Business
Nature and Purpose of Business and Forms of Business organizations
Public, Private, and Global Enterprises and Business Services
Emerging Modes of Business and Social Responsibility of Business and
Finance and Trade
Sources of Business Finance and Small Business
Internal Trade and International Business
Class 11 Business Studies NCERT
TheNCERT Class 11 Commerce Business Studies starts with the basic concepts of business and eventually moves on to more complicated topics such as international business. Brief pointers on the chapters follow:
Business, Trade and Commerce
This chapter is introductory to the Business Studies subject where students become familiar with concepts of business, trade and commerce and what those three entail along with their features. It talks about banking systems, intermediaries, merchant corporations and the main trade centres. It also touches upon the industry.
Forms of Business Organisation
The chapters primarily discuss the varied nature of a business organisation, and students can appreciate how one differs from the other. Other concepts from this chapter include proprietorship and partnership, types of companies and also a brief mention of joint-stock companies. This is a very important chapter.
Private, Public and Global Enterprises
The nature of ownership patterns or holding structure is elucidated in private, public and global enterprises. There is an introduction to public and government companies, the role of public sectors, and also about joint ventures.
Chapter 4 encompasses the different types of services extended by businesses and the broad categorisation of the same. Some of the topics covered include banks and the function of commercial banks, e-banking, all about Insurances, postal and telecom, warehouse services and transport.
Emerging Models of Business
Changing business scenarios has brought a paradigm shift to newer business models. Students get a glimpse of a few emerging business models in this chapter. This chapter also talks in detail about the concept of e-business, its advantages and disadvantages, the concept of outsourcing, B2B, B2C, C2C commerce and how they work.
Social Responsibilities of Business and Business Ethics
Chapter 6 introduces students to corporate social responsibilities and the role business entities may play in social engineering. This is a very important chapter as it talks about the different kinds of social responsibilities, the cases against it, pollution due to businesses, ethics in business and the elements of it.
Formation of a Company
Details relating to the incorporation of the company have been laid down in chapter 7. This chapter also includes the forming of a company, its promotion, the concept of incorporation and the effects of its certification.
Sources of Business Finance
Different financing options are discussed which ranges from a conventional source of funds, i.e., banks, to that of investors. It also introduces period basis, generation basis and the various sources of finance. This includes credit, lease, public deposits and factoring.
The markers and basic features of small businesses are elucidated in Chapter 9. This chapter has great importance as it covers a whole lot of topics including the importance of small businesses in rural and urban areas, the problems that could arise, how the government helps the rural projects, NABARD, RSBDC, NSIC, SIDBI, and RWED.
Students are introduced to the concept of trade within the country and its various characteristics. The students also learn about the concepts of retail trade, itinerants, fixed and large-scale retailers, different types of stores and shops, markets and even vending machines.
Finally, Chapter 11 touches upon some elementary understanding of international business but does not delve into it in further detail. This last chapter talks about the scope and benefits of any foreign ventures, joint ventures in an international setup, India in international trade and business, including import and export of goods and services.
Benefits of NCERT Solutions for Class 11 Business Studies
Apart from the fact that BST Class 11 solutions take a systematic approach in aiding students to prepare the subject, the content itself offers so much more:
Business Studies Class 11 NCERT carries several important questions, which helps students gain a clear idea about the weightage distribution and how to attempt similar questions.
The systematic presentation of the solution makes learning substantially easier for students. The Business Studies Class 11 NCERT Solutions is also sufficient for last-minute revision.
Given that the solution is prepared by experts with considerable experience, the chances of similar questions coming in the final examination is high.
All doubts that students may have can be addressed by referring to these solutions.
The summaries and pointers included in the solutions enable students to comprehend topics faster and in a much effective manner.
If you have been working hard all this time to prepare Business Studies Class 11 NCERT for the exam, referring to the solution PDF would further boost your preparation. So hurry up and download the solutions now!
You can also take a look at the Vedantu website for additional help with studies or even download the mobile app for a fun learning experience. Happy learning!
FAQs (Frequently Asked Questions)
1. What are the Chapters Included in the PDF of Business Studies Class 11?
The chapters in Class 11 BST NCERT solutions include:
Business, Trade and Commerce.
Forms of Business Organisation.
Private, Public and Global Enterprises.
Emerging Models of Business.
Social Responsibilities of Business and Business Ethics.
Formation of a Company.
Sources of Business Finance.
Even though the concepts are elucidated in a simple manner in Class 11 Business Studies NCERT solutions, students would still be required to memorise a substantial part of business laws and trade regulations.
2. What is an Effective Method of Preparing BST Class 11 NCERT?
For students set out to prepare Class 11 BST, the most methodical approach would be to proceed in a sequential manner, as opposed to preparing in accordance with convenience. In such a manner, a proper flow remains.
For example, in the first chapter of NCERT solutions of Class 11 Business Studies, the basic ideas related to business, its inception, its operations are touched upon. The complex concepts follow eventually, and finally; international trade is discussed. It is inadvisable to start with the final chapter in the beginning.
3. How Does Business Studies Class 11 NCERT Solutions PDF Help in Preparing the Subject?
Apart from the fact that subject experts have framed the Business Studies Class 11 NCERT solutions, the presentation of the same makes it extremely easy for students to prepare the subject.
Not only does the BST NCERT Class 11 solutions use extremely lucid language but also strictly adheres to the CBSE syllabus. Students will be able to comprehend concepts very easily. They will also be able to identify if they are lagging behind in specific areas.
4. Specify the characteristics of fixed shop retailers according to Chapter 10 of Business Studies of Class 11.
Fixed shop retailers maintain a permanent place for their company. They do not move from place to place like itinerant traders. Since they have the greatest resources and operate at a large scale level, they provide greater services to the people and maintain a trustworthy relationship with their customers. Download the PDF of NCERT Solutions from Vedantu free of cost and prepare for your exams for Chapter 10 of Business Studies of Class 11. Practice the given questions regularly to secure a perfect score in the exam.
5. What purpose is served by wholesalers providing warehousing facilities according to Chapter 10 of Business Studies of Class 11?
The wholesalers provide warehousing space for finished products. They acknowledge the risk of theft and damage by taking full responsibility for the finished goods. Thus, reducing the burden of the manufacturers. Students can make use of the NCERT Solutions provided by the Vedantu to get well versed in Chapter 10 of Business Studies of Class 11. These solutions are prepared by a group of highly experienced staff at Vedantu. Download the NCERT solution at Vedantu for free of cost.
6. What is internal trade according to Chapter 10 of Business Studies of Class 11?
Internal trade is a process of trading that happens with the boundaries of a nation. They buy and sell the products within the country. Vedantu’s website provides a detailed description of internal trade for Class 11 with solved problems for the students to revise. Use these solutions to get more insights into Chapter 10 of Business Studies of Class 11. Since the NCERT Solutions are prepared by the subject experts, students will be provided accurate and authentic information.
7. What are the types of internal trade according to Chapter 10 of Business Studies of Class 11?
Internal trade is broadly classified into two types:
The Vedantu with the help of qualified experts prepared these NCERT Solutions for the benefit of the students. Now they can learn from the comfort of their homes and prepare for their exams. These solutions will assist the students in revision and help them secure a perfect score in the exams. The solutions are also available on the Vedantu Mobile app.