Revision Notes for CBSE Class 11 Business Studies - Free PDF Download
FAQs on CBSE Class 11 Business Studies Chapter Wise Revision Notes 2024-25
1. What chapters are there in business studies class 11?
The chapters in business studies include many necessary concepts for building a good foundation of the economy, trade, and business development.
The chapter covered under business studies class 11 are as follows:
Chapter 1 – Nature and Purpose of Business
Chapter 2 – Forms of Business Organization
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
2. What do business studies deal with?
The business study is one of the core subjects of commerce. It deals with managerial economics and operational skills that are required by businesses to ensure proper functioning. Business Studies discusses every concept of business in detail. This subject also builds strong communication skills, IT skills, finance skills, etc. It also discusses various forms of the business environment, business components, and ethics.
3. What is the difference between e-commerce and e-website?
E-business is the umbrella which also includes e-commerce. E-commerce consists of the business done over the internet, which also interacts with its customers or clients for selling goods or services.
E-business websites generally focus on e-commerce, accounting, finance, etc. basically everything regarding business is regulated by e-business.
4. What is the role of small business firms in India?
Ans: Traditionally the only source of income and livelihood for rural India was the profits from agriculture which was very nominal. With small business firms setting up in rural areas, people have started taking interests in the business side of things. It has increased the social and economic growth in rural India and also prevented the migration of youth from rural to urban areas. The government of India is doing an excellent job in promoting small business firms as they prevent problems like unemployment and poverty.
5. How can I study Business in Class 11?
Ans: Business Studies is a newly introduced subject as a part of the Commerce stream in Class 11. Naturally, students may find it difficult. Some simple tips that you can follow while preparing for your business studies exam are:
Read through all the chapters carefully and try to solve NCERT Questions for better understanding.
Refer to CBSE Class 11 Business Studies Notes for revision and practice.
Solve sample papers, ensure that you understand and rectify your mistakes.
6. Which is the best book for Class 11 Business Studies?
One of the best resources that students have been advised to refer to is the NCERT books. These books continue to be prescribed by CBSE over the years since they strictly adhere to its latest curriculum and syllabus. The books contain well-researched material that provides students with a thorough understanding of every concept taught in Class 11. NCERT Books also provide in-text questions and exercises at the end of chapters, helpful in revision and practice as well.
7. What are the chapters covered in Class 11 Business Studies notes?
Ans: Class 11 Business Studies notes cover the following chapters according to the CBSE syllabus:
Chapter 1 - Business, Trade and Commerce
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 - Sources of Business Finance
Chapter 8 - Small Business
Chapter 9 - Internal Trade
Chapter 10 - International Business
8. Which chapters in Class 11 Business Studies have the highest weightage in the exams?
Ans: The marks distribution for Class 11 Business Studies divides the syllabus into units containing two chapters each. The units with the highest marks weightage include the following chapters:
Chapter 7 - Sources of Business Finance and Chapter 8 - Small Business - 20 Marks
Chapter 9 - Internal Trade and Chapter 10 - International Business - 20 Marks
9. Where can I find good notes for Class 11 Business Studies?
Business Studies in Class 11 introduces students to various new concepts that they may often find difficult to properly comprehend. This can lead to poor results in the subject. However, students can find CBSE notes for Class 11 Business Studies provided by Vedantu. These notes can also be easily accessed and downloaded free of cost from Vedantu’s website as well as the mobile app. These notes are written by subject matter experts and are based on the latest guidelines, so are 100% accurate.