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  • Concept and characteristics of business.
  • Business, profession and employment - Meaning and their distinctive features.
  • Objectives of business - Economic and social, role of profit in business.
  • Classification of business activities: Industry and Commerce.
  • Industry - types: primary, secondary, tertiary - Meaning and sub types.
  • Commerce - trade: types (internal, external, wholesale and retail; and auxiliaries to trade: banking, insurance, transportation, warehousing, communication, and advertising.
  • Business risks - Meaning, nature and causes.

  • Sole Proprietorship - meaning, features, merits and limitations.
  • Partnership - Features, types, merits and limitations of partnership and partners, registration of a partnership firm, partnership deed. Type of partners.
  • Hindu Undivided Family Business: features.
  • Cooperative Societies- features, types, merits and limitations.
  • Company: private and public company -features, merits and limitations.
  • Formation of a company- four stages, important document (MOA, AOA, relevances of certificate of incorporation and certificate of commencement.
  • Starting a business - Basic factors.

  • Private sector and public sector enterprises.
  • Forms of public sector enterprises: features, merits and limitations of departmental undertakings, statutory corporation and Government Company.
  • Changing role of public sector enterprises.
  • Global enterprises, Joint ventures, Public Private Partnership - Features

Lecture 1: Public,Private and Global Entrepreneur


Lecture 2: Public , Private and Global Entrepreneur Part-2

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  • Banking: Types of bank accounts- savings, current, recurring, fixed deposit and multiple option deposit account.
  • 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 overdraft, cash credits and e- banking.
  • Insurance: principles, concept of life, health, fire and marine insurance.
  • Postal and telecom services: mail (UPC, registered post, parcel, speed post and courier) and other services.

  • 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).
  • Smart cards and ATM's meaning and utility

  • Concept of social responsibility
  • Case for social responsibility
  • Responsibility towards owners, investors, consumers, employees, government and community
  • Environment protection and business

  • Concept of business finance
  • Owner's funds - equity shares, preference share, GDR, ADR, IDR and retained earnings.
  • Borrowed funds: debentures and bonds, loan from financial institution, loans from commercial banks, public deposits, trade credit, ICD (inter corporate deposits).

  • Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act).
  • Role of small business in India with special reference to rural areas.
  • Government schemes and agencies for small scale industries: (National Small Industries Corporation) and DIC (District Industrial Center) with special reference to rural, backward and hilly areas.

  • Services rendered by a wholesaler and a retailer
  • Types of retail - trade - Itinerant and small scale fixed shops
  • Large scale retailers - Departmental stores, chain stores, mail order business
  • Concept of automatic vending machine
  • Chambers of Commerce and Industry: Basic functions
  • Main documents used in internal trade: Performa invoice, invoice, debit note, credit note. LR (Lorry receipt) and 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)

Lecture 1: Internal Trade Part- 1


Lecture 2: Internal Trade Part- 2


Lecture 3: Internal Trade Part- 3

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  • Meaning, difference between internal trade and external trade: Meaning and characteristics of international trade.
  • Problems of international trade: Advantages and disadvantages of international trade
  • Export Trade - Meaning, objective and procedure of Export Trade
  • Import Trade - Meaning, objective and procedure: Meaning and functions of import trade; purpose and procedure
  • Documents involved in International Trade; documents involved in export trade, indent, letter of credit, shipping order, shipping bills, mate's receipt, bill of lading, certificate of origin, consular invoice, documentary bill of exchange (DA/DP), specimen, importance
  • World Trade Organization (WTO) meaning and objective

Lecture 1: Practice Questions Part- 1


Lecture 2: Practice Questions Part- 2

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Published    02-Nov-2016      Bilingual

This is a complete course for Business Studies students. These lectures are being given by Priyanka Mam.She is a fabulous teacher and teaches with full passion . Moreover she has discussed each and every topic that is important in examination point of view and can make you score full.She is providing you complete notes to the topic.Besides you can ask doubts anytime or can discuss it online at www.studykhazana.com

Priyanka Khandelwal

Phone: 88********46 Email: pri********@yahoo.com
Address: A-453/2 Shastri Nagar, Delhi Institute: Study Khazana

About Us

Priyanka Khandelwal is a faculty of Business Studies at StudyKhazana. She has been teaching for many years.


Cleared CS Foundation in June,2011, CS Executive in June,2013, CS Professional(All Groups) in 2014- 3rd module Currently pursuing M.Com from IGNOU


5 Years


STUDY KHAZANA is an e-treasure of knowledge and education with one aim of upbringing the level of education all over the India. In the journey of more than 25 years with 150 centers across the India we discovered that many student are out of the reach of proper education due to poverty.

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