Business Studies Class 11 | Nature And Purpose Of Business | Chapter 1 | Part 2 | WBCHSE Semester 1
New syllabus BSTD 2024 semester 1
#wbchse_bstd
#hs
#businessstudies
#class_11_wbchse_bstd
Topic Covered:
Nature and Purpose of Business:
History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading
Communities: Position of Indian Sub- Continent in the World Economy.
Concept and characteristics of business.
Business, Profession and Employment -
Distinctive Features and Scope.
Objectives of Business - Economic and
Social, Role of Profit in Business.
Classification of Business Activities: Industry
and Commerce.
Industry - Types: Primary, Secondary and
Tertiary.
Commerce - Trade: Types (Internal, External/
Foreign, Wholesale and Retail) and Auxiliaries
to Trade: Banking, Insurance, Transportation,
Warehousing, Communication and
Advertising.
Business risks - Nature and Causes.
Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All credit for copyright materiel used in video goes to respected owner.