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NCERT Solutions for class 11 Business studies

Chapter-Wise NCERT Solutions for class 11 Business studies

Business studies class 11 NCERT Solutions

NCERT Solutions for class 11 Business studies is created and developed by the Academic team of HT and consists of all the questions solved with required details which are asked in the NCERT exercise as per the CBSE School requirement to score good marks in unit tests, half-yearly and final exams. Questions are explained in such a way that it not only helps you to understand the concept but also builds a foundation of chapters. NCERT Solutions for class 11 Business studies consists of a detailed explanation of all questions of the NCERT textbook exercise and is uploaded chapter-wise for easy access to our students.

How to use NCERT Solutions for class 11 Business studies

Our experts recommend the use of NCERT Solutions for class 11 Business studies with a few points such as, before using the solutions students must read the chapter from the NCERT textbook. While reading the theory part of the chapter you must note down all important points given in the textbook and make sure you are highlighting all important formulas asked in the chapter. Once you have read the chapter and prepared your notes for the chapter now start solving the questions asked in the NCERT textbook exercise. Solve NCERT textbook questions by yourself with the help of NCERT Solutions for class 11 Business studies. After attempting lots of attempts if you are not able to solve the problem or questions then take the help of HTs NCERT Solutions for class 11 Business studies for reference. 

Marks Distribution of Business Studies (2023-24)

A-Foundations of Business- Total 40 Marks

1. Nature and Purpose of Business and Forms of Business organizations (16 Marks)

2. Public, Private, and Global Enterprises and Business Services (14 Marks)

3. Emerging Modes of Business and Social Responsibility of Business and Business Ethics (10 Marks)

B.Finance and Trade- Total0-40 Marks

1. Sources of Business Finance and Small Business (20 Marks)

2. Internal Trade and International Business (20 Marks)

C.Project work –(20 Marks)

Four causes of business risks explained in Business studies

Natural Causes: Human beings have no control over nature. Certain unforeseen events like heavy rains, famine, earthquakes etc. affect the business adversely.

Human causes: These include dishonesty, carelessness and negligence of employees, riots, strikes etc.

Economic Causes: Economic Causes relate to fluctuations in demand and price or changes in the market condition. There may be losses because of price fluctuations, severe competition, and depression in the market. For example, colour T.V. has replaced Black and white T.V. from the market.

Physical Causes:  These include all technical or mechanical causes, which affect the working of the business. For example, an explosion in a boiler may cause injuries to the human being.

Suggested Question Paper Design Business Studies class 11

1. Remembering and Understanding: (44 Marks)

Exhibit memory of previously learned material by recalling facts, terms, basic concepts, and answers. Demonstrate understanding of facts and ideas by organizing, comparing, translating, interpreting, giving descriptions, and stating main ideas 

2. Applying: (19 Marks)

Solve problems in new situations by applying acquired knowledge, facts, techniques and rules in a different way 

3. Analysing, Evaluating and Creating: (17 Marks)

Examine and break information into parts by identifying motives or causes. Make inferences and find evidence to support generalizations. Present and defend opinions by making judgments about information, the validity of ideas, or the quality of work based on a set of criteria. Compile information together in a different way by combining elements in a new pattern or proposing alternative solutions. 

CBSE Class 11 Business Studies Academic Resources 2023-24

Frequently Asked Questions on Chapter-Wise NCERT Solutions for class 11 Business studies

. State the difference between business and employment?

Business differs from employment about the following points: -

Nature of Activity – Business deals with providing goods and services for the satisfaction of the wants of the customer. But employment involves performing the work assigned by the employer under the contract of service.

Profit Motive – A businessman carries out economic activities to earn a profit, but an employee earns wages or salaries.

Capital – A business can’t be run without any capital. But in the case of employment, there is no need for any capital investment.

Degree of risk – A business is exposed to so many risks. But in the case of employment, there is practically no risk.

Transferability of Interest – Transfer of ownership interest is possible in the case of business. It is not possible to transfer one’s job to another.

. How to get errorless NCERT Solutions for class 11 Business studies?

To get the errorless NCERT Solutions for class 11 Business studies check out HT NCERT Solutions, all the solutions are created by an experienced teacher of business studies and rechecked by lots of subject matter experts before uploading to the site. All the questions asked in the textbook are solved with errorless and accurate solutions to score good marks in school exams. 

. How to score good marks in class 11 Business studies?

To score good marks in class 11 Business studies students must focus on all chapters of class 11 business studies. Read the theory given in the chapter of the NCERT textbook and prepare your notes for the chapter, highlight the important points and formula and try to memorise it. Solve all the questions asked in the NCERT exercise with the help of NCERT Solutions for class 11 Business studies