NCERT Business studies Textbook for Class XI

NCERT Business studies Textbook for Class XI

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situations in which a business is placed. Therefore, content enrichment in the form of business news and abstracts of articles from business journals and magazines has been given as inset material boxes . This will encourage students to be observant about all business activity and discover what is happening in business organisations with the expection that they will update their knowledge through the use of libraries, newspapers, business oriented TV programmes and the internet. Various types of question are given and case problems, multiple choice questions have been introduced to test the application of subject knowledge to realistic business situations.
F OREWORD
o N be C ER re pu T bl is h
iii
ed
CONTENTS
PART I
FOUNDATIONS
OF
BUSINESS
1
CHAPTER
1
Nature and Purpose of Business
2
CHAPTER
2
Forms of Business Organisation