Business Studies XI

Unit 1 Introduction to Business

Concept of Business
Characteristics of Business
Component and Scope of Business
Functions and objectives of business
Importance of Business
Social responsibilities of Business

Unit 2 Evolution of Business

Evolution of industry and commerce
Considerations before starting a Business
Requisites of business success
Business environment : concept and components (internal and external)
PEST Analysis

Unit 3 Forms of Business Organizations

Sole trading concern

Concept of sole trading concern
Characteristics of sole trading concern
Merits and demerits of sole trading concern
Registration and renewal of sole trading concern in Nepal

Partnership firm

Concept of partnership firm and partners
Characteristics of partnership firm
Differentiate between sole trading and partnership
Merits and demerits of partnership firm
Types of partners & Partnership
Rights and duties of partners
Partnership deed : meaning and contents
Registration and renewal of partnership firm in Nepal
Dissolution of partnership firm in Nepal

Joint stock company

Concept of joint stock company
Characteristics of joint stock company
Merits and demerits
Types of company
Differentiate between public and private company
Main documents for incorporation of joint stock company : memorandum, articles, prospectus
Incorporation of joint stock company in Nepal
Company meeting : preliminary general meeting, annual general meeting, extra ordinary general meeting
Agenda and Resolution
Winding up of company

Cooperative organizations

Concept of cooperative organization
Features of cooperative organization
Types of cooperative organization
Role of cooperative organization in developing countries
Registration of cooperative organization in Nepal
National cooperative development board : formations and functions

Public enterprises

Concept of public enterprises
Characteristics of public enterprises
Importance of public enterprises
Types of public enterprises

Multinational companies

Concept of multinational companies
Characteristics of multinational companies
Merits/Importance of multinational companies
Defects of multinational companies

Business support agencies in Nepal

Nepal chamber of commerce : formation and functions
Federation of Nepalese chamber of commerce and industries: formation and functions
Trade and export promotion center : functions

Unit 4: Office Management

Concept of an office
Functions of an office
Importance of an office
Concept of office management
Importance of office management
Office accommodation and layout
Selection of Office Location

Unit 5 : Filing and Index

Concept and purpose of filing
Importance of filing
Types of filing : traditional and modern
Methods of filing: alphabetical. Numerical, geographical, chronological and subject wise
Qualities of good filing system
Concept and purpose of indexing
Types of indexing
Qualities of good indexing

Unit 6 Record Management

Concept of record management
Importance of record management
Types of records
Principles of record management
Disposal of records

Unit 7: Office Machines and Furniture

Office machine : meaning and importance
Office furniture : meaning and importance
Factors to be considered while selecting office machines and furniture

Unit 8: Business Communication

Concept of business communication
Importance of business communication
Sources of office information : internal and external
Types and means of business communication
Meaning of business letters
Structure of business letters
Qualities of good business letters
Drafting a business letters in English ( enquiry, order, complaint and application)