SEMESTER – I

MCQ – 40 Marks

Sl. No.UnitTopicMarks DistributionTotal Marks
1Unit 1Nature and Purpose of Business1 × 88
2Unit 2Forms of Business Organisation1 × 1010
3Unit 3Public, Private and Global Enterprises1 × 66
4Unit 4Business Services1 × 1010
5Unit 5Emerging Modes of Business1 × 66
Total40 Marks
UNIT NO.TOPICSMARKS
Unit 1Nature 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.
8
Unit 2Forms of Business Organisation:

Sole proprietorship:
Meaning, Features, Merits and Limitations.

Partnership:
Meaning, Features, Merits and Limitations, Types of Partnership and Types of Partners, Registration of a Partnership Firm, Partnership Deed.

Limited Liability Partnership

Cooperative Societies:
Features, Types, Merits and Limitations.

Company:
Private Company, Public Limited Company – Features, Merits and Limitations.

Stages in the Organisation of a company

Starting a Business:
Basic factors/ steps.

Choice of form of Business Organisation.
10
Unit 3Public, Private and Global Enterprises:

Private Sector and Public Sector Enterprises:
Concept.

Forms of Public Sector Enterprises:
Departmental Undertakings, Statutory
Corporations, Government Companies
(Features, Merits and Limitations).

Global Enterprises, Joint Ventures, Public-Private Partnership:
Features.
6
Unit 4Business Services:

Banking:
Types of Bank Accounts – Savings, Current, Recurring, Fixed Deposit Accounts.

Banking services with particular reference to –
Issue of Bank Draft, Banker’s Cheque (Pay Order), RTGS (Real Time Gross Settlement), NEFT (National Electronic Funds Transfer), bank overdrafts, Cash Credits, E-Banking.

Insurance:
Principles, Concept of Life, Health, Fire and Marine insurance.

Postal and Telecom Services:
Mail (UCP, Registered Post, Parcel, Speed Post and Courier).
10
Unit 5Emerging Modes of Business:

E-Business –
Scope and benefits, Resources required for successful e-business implementation, online transactions, payment mechanism, security and safety of business transactions.

Outsourcing –
Concept, Need, and Scope of BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing).
6

SEMESTER – II

SAQ & LAQ – 40 Marks

UnitTopic2 Marks (SAQ)3 Marks (SAQ)5 Marks (LAQ)Total Marks
Unit 6Social Responsibility of Business and Business Ethics1 × 2 = 21 × 3 = 35
Unit 7Sources of Business Finance1 × 2 = 21 × 3 = 31 × 5 = 510
Unit 8Small Business1 × 2 = 21 × 5 = 57
Unit 9Internal Trade1 × 2 = 21 × 3 = 31 × 5 = 510
Unit 10International Trade1 × 2 = 22 × 3 = 68
Total10 Marks15 Marks15 Marks40 Marks
UNIT NO.TOPICSMARKS
Unit 6Social Responsibility of Business and Business Ethics:·
Concept of Social Responsibility.
Case of Social Responsibility·

Responsibility towards
Owner, Investors, Consumers, Employees, Government and Community.
Environmental Protection and Business.

Business Ethics –
Concept and Elements.
5
Unit 7Sources of Business Finance:·
Concept of Business Finance.·

Owner’s Funds –
Equity Shares, Preference Shares and Retained Earnings.·

Borrowed Funds –
Debentures and Bonds, Loan from Financial Institutions, Loan from Commercial Banks, Public Deposits, Trade Credit, ICD (Inter-Corporate Deposits), Factoring.
10
Unit 8Small Business:·

Entrepreneurship Development(ED):
Concept, Characteristics and Need.
Process of Entrepreneurship Development: Start-up India Scheme, Ways to fund start-up.
Intellectual Property Rights and Entrepreneurship.·

Small Scale Enterprise as defined by MSMED Act 2006, (Micro, Small and Medium Enterprises Development Act).·

Role of Small Business in India –
With special reference to Rural Areas.

Government Schemes and Agencies for Small Scale Industries:
NSIC (National Small Industries Corporation) and DIC (District Industries Centre) with special reference to Rural & Hilly Areas.
7
Unit 9Internal Trade:·
Services of a Wholesaler and Retailer.·

Types of Retail trade –
Itinerants and Small scale fixed shops.·

Large Scale Retailers –
Departmental Stores, Chain Stores, Mail Order Business and concept of Automatic Vending Machine.·

Chambers of Commerce and Industry:
Basic functions·

Main Documents used in Internal trade:
Proforma Invoice, Invoice, Debit Note, Credit Note, LR (Lorry Receipt), RR (Railway Receipt)·

Terms of Trade:
COD (Cash on Delivery), FOB (Free on Board), CIF (Cost, Insurance and Freight), E&OE (Errors and Omissions Excepted).

GST (Goods and Services Tax):
Concept and Key Features.
10
Unit 10International Trade:·
Concept and complexities of International Trade.·
Export-Import Procedure and Documents Required.·

World Trade Organisation (WTO):
Historical perspective, Functions of WTO and Agreements.
8

*[Note: 20 Hours reserved for Remedial classes, Tutorials and Home Assignments.]