Business Studies XI

Unit: 1 Introduction to Business

1. Concept of Business
2. Characteristics of Business
3. Component and Scope of Business
4. Function of Business
5. Objectives of business
6. Importance of Business
7. Social responsibilities of Business

Unit 2 Evolution of Business

1. Evolution of industry and commerce
2. Evolution of Business in Nepal
3. Considerations before starting a Business
4. Requisites of business success
5. Business environment
6. PEST Analysis

Unit 3 Forms of Business Organizations

A. Sole trading concern

1. Concept of a sole trading concern
2. Characteristics of a sole trading concern
3. Merits and demerits of a sole trading concern
4. Registration and renewal of sole trading concern in Nepal
5. Condition for the termination of a sole trading concern

B. Partnership firm

1. Concept of partnership firm and partners
2. Characteristics of partnership firm
3. Differentiate between sole trading and partnership
4. Merits and demerits of partnership firm
5. Types of partners & Partnership
6. Rights and duties of partners
7. Partnership deed: meaning and contents
8. Registration and renewal of partnership firm in Nepal
9. Dissolution of partnership firm in Nepal

C. Joint-stock company

1. Concept of the joint-stock company
2. Characteristics of the joint-stock company
3. Merits and demerits
4. Types of company
5. Differentiate between the public and private company
6. Difference between Joint Stock company and Partnership Firm
7. Main documents for incorporation of the joint-stock company: memorandum, articles, prospectus
8. Incorporation of the joint-stock company in Nepal
9. Company meeting: preliminary general meeting, annual general meeting, extraordinary general meeting
10. Agenda and Resolution
11. Winding up of a company

D. Cooperative organizations

1. Concept of cooperative organization
2. Features of cooperative organization
3. Types of cooperative organization
4. Role of cooperative organization in developing countries
5. Registration of cooperative organization in Nepal
6. National cooperative development board: formations and functions

E. Public enterprises

1. Concept of public enterprises
2. Characteristics of public enterprises
3. Importance of public enterprises
4. Types of public enterprises

F. Multinational companies

1. Concept of multinational companies
2. Characteristics of multinational companies
3. Merits/Importance of multinational companies
4. Defects of multinational companies

G. Business support agencies in Nepal

1. Nepal chamber of commerce: formation and functions
2. Federation of Nepalese chamber of commerce and industries: formation and functions
3. Trade and export promotion center: functions

Unit 4: Office Management

1. Concept of an office
2. Functions of an office
3. Importance of an office
4. Concept of office management
5. Importance of office management
6. Office accommodation and layout
7. Selection of Office Location

Unit 5: Filing and Indexing

1. Concept and purpose of filing
2. Importance of filing
3. Types of filing: traditional and modern
4. Methods of filing: alphabetical. Numerical, geographical, chronological and subject wise
5. Qualities of a good filing system
6. Concept and purpose of indexing
7. Types of indexing
8. Qualities of good indexing

Unit 6 Record Management

1. Concept of record management
2. Importance of record management
3. Types of records
4. Principles of record management
5. Disposal of records

Unit 7: Office Machines and Furniture

1. Office machine: meaning and importance
2. Office furniture: meaning and importance
3. Factors to be considered while selecting office machines and furniture

Unit 8: Business Communication

1. Concept of business communication
2. Importance of business communication
3. Sources of office information: internal and external
4. Types and means of business communication
5. Meaning of business letters
6. Structure of business letters
7. Qualities of good business letters
8. Drafting a business letter in English (inquiry, order, complaint, and application)