ELEMENTS OF BUSINESS (CODE NO. 154) for the session 2024-25

100 Marks --> Theory (70 Marks) + Practical/ Project (30 Marks)

Units

  1. Fundamentals of Business Activities - 20 Marks
  2. Operative Activities in Business - 20 Marks
  3. Steps Involved in Establishing Business - 15 Marks
  4. Fundamental Areas of Business - 15 Marks
  5. Practical / Project - 30 Marks

 

UNIT – I: Fundamentals of Business Activities

(a) Characteristics of Business Activities

(b) Business as an Activity – How it is different from (i) Profession (ii) Employment

(c) Characteristics of vocational activities

(d) Factors affecting business (i) Economic (ii) Social (iii) Political

UNIT – II: Operative Activities in Business

(a) Industry – concept

(b) Commerce – concept

(c) Industry – Characteristics, Types and Nature

(d) Commerce (i) Banking (ii) Insurance (iii) Transportation (iv) Trade

UNIT – III: Steps Involved in Establishing Business

(a) Nature & forms of Business Organization

(b) Sole Proprietorship – meaning and features

(c) Partnership – meaning, features and types

UNIT – IV: Fundamental Areas of Business

(a) Finance – Meaning

(b) Marketing – Meaning

(c) Human Resources – Meaning

Practical/ Project

Prepare a Chart / Project on any one topic from syllabus. It should be brief and should be of 20-30 pages, preferably handwritten.

and Viva is to be taken.

Learning Games and Activities