BUSINESS STUDIES CLASS 11 NOTES

Short Answer Questions     1.How would you classify human activities?  2.What do you understand by economic activities? 3."The same activity may be economic as well as non-economic at different times or place".Comment 4.What is the objective of economic activities? 5.Define the term 'Business' and Give five examples of business 6.Give two differences between economic and non-economic activities 7. What is Employment? 8.What is the main aim of human activities? Long Answer Questions   1.Explain the nature of economic activities 2.Distinguish between economic and non economic activities 3.Discuss the various types of economic activities 4.What is a profession ? Explain the charaterstics of a profession. 5.Distinguish between business,profession and employment.

Unit 1 - Nature and Purpose of Business Chapter 1- Classification of human activities        Points covered in this chapter:- Meaning and characterstics of Human Activities Classification of human activities - Economic and Non-Economic Activities Distinction between Economic and Non- Economic Activities Types of Economic activities Distinction between Business, Profession and Employment. Click here to download the Chapter Notes;   Download

Hello Readers,                      Business studies is one of the important subject of commerce stream. Students think that it is very boring because it is a theory subject, but it's not like that infact it is a very marks scoring subject, if  you study properly. Before starting the chapters it is neccessary to know the importance or relevance of this subject in today's world. Introduction to Business Studies               Business Study is the study of  how business work, especially the financial and the management aspects of business. Business studies helps you to make more informed decisions in the everyday business of living.           It gives you a better understanding of the world of work. It encourages you to think about how and why people start up in business and why you too might also consider starting a business. Importance of Business Studies * Business studies helps to provide opportunity for self-development * It provide