Category: Class 11 Business Studies Notes

Business communication

Concept of Business communication The word communication derived from latin word “Communis”. It is the exchange of idea, messages or

Office machine and furniture

Meaning of office machines: An office machine is a device that improve efficiency, lowers cost, and enhance quality of work.

Indexing

Indexing: The word index is derived from Latin word ‘index’ which means to indicate or guide. Thus, an index is anything

Filing

Concept of filing:Filing is the process of careful and systematic preservation of letters, documents, bills, reports, and other important writings

Office management

Concept of office:The office is an important and an indespeable organ of business organisation. this is the place from where

Resource Mobilization

Unit 3.1: Sole trading concern Concept of sole trading concern:  Sole trading concern is the oldest and simplest form of

Evolution of Business

Consideration before starting a new business 1. Selection of business: There are different types of business i.e. industry, trade, service enterprises

Introduction to Business

Concept of Business: A business is an economic activity which is concerned with the production and distribution of goods and