Class 11 Term 1 Nature and Purpose of Business Chapter 1 | Part 1 | Business studies video 1

Class 11 Term 1 Nature and Purpose of Business Chapter 1 | Part 1 | Business studies video 1
Evolution and Fundamentals of Business
Business – meaning and characteristics
Business profession and employment
Objectives of business
Classification of business activities - Industry and Commerce
Industry types - primary secondary tertiary Meaning and subgroups
Commerce trade - types - internal external
wholesale and retail and auxiliaries to trade
banking insurance transportation warehousing communication and advertising – meaning
Business risk - Concept
History of Trade and Commerce in India
Indigenous Banking System Rise of Intermediaries
Transport, Trading Communities: Merchant
Corporations, Major Trade Centres Major Imports
and Exports, Position of Indian Sub-Continent in the
World Economy
Commerce champions business video 1

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