GUIDELINES FOR PROJECT wORK IN BUSINESS STUDIES IN CLASSES Xi & xIl

MARKS: 20 Marks (10+ 10 MARKS FOR TERM 1 AND TERM 2)

Introduction
The course in Business Studies is introduced at Senior School level to provide students with
a sound understanding of principles in (trade
the and practices bearing business
industry) as well as their relationship with the soclety. Business Is a dynamic process that
and
brings together technology, natural resources and human initiative in a constantly changing
global environment. With the purpose to help them understand the framework within whicha
business operates, and its interaction with the social, economic, technological and legal
environment, the CBSE has introduced Project Work in the Business Studies Syllabus for
Classes XI and XI. The projects have been designed to allow students to appreciate that
business is an integral component of society and help them develop an understanding of the
soclal and ethical issues conceming them.

The project work also aims to empower the teacher to relate all the concepts with what is
happening around the world and the student's surroundings, making them appear more clear
and contextual. This will enable the student to enjoy studies and use his free time effectively
in observing what's happening around.

By means of Project Work the students are exposed to life beyond textbooks giving them
opportunities to refer materials, gather information, analyze it further to obtaln relevant
information and decide what matter to keep.

One Project to be done throughout the session, as per the existing scheme.

1 Theobiectivesof the projectwork:E

Objectives of project work are to enable learners to:

probe deeper into personal enquiry , initiate action and reflect on knowledge and skills,
vlews etc. acquired during the course of class Xl-X.

analyse and evaluate real world scenarios using theoretical constructs and arguments

demonstrate the aplication of critlcal and creative thinking skills and abilities to produce an
independent and extended piece of work

follow up aspects in which learners have interest

develop the communicationskills to argue logically

3. Stepsinvohvedintheconductofthe proiect
Students may work upon the following lines as a suggested flow chart:

Choose a title/toplc
Collection of the research material/data

Organization of material/data
Present material/data

Analysing the material/data for conclusion

Draw the relevant concluslon

Presentation of the Project Work

The project work can be in the form of PowerPoint Presentation/Exhibition/Skit

Jalbums/files/song and dance or culture show/story telling/debate/panel discussion, paper
presentation and so on. Any of these activities which are suitable to visually
impaired/differently-abled candidates can be performed as per the choice of the student.

4. Expected Checkdistfor theProjectWork:

.Introduction of topic/title

Identifying the causes, events, consequences and/or remedies

Various stakeholders and effect on each of them

Advantages and disadvantages of situations or issues identified

Short-term and long-term implications of strategles suggested in the course of research

Validity, reliablity, appropriateness and relevance of data used for research work and
for presentation in the project fille

Presentation and writing that is succinct and coherent in project flle

Citation of the materials referred to, in the file in footnotes, resources section,
bibliography etc.
CLASS XI

The teacher should help students to identity any one project from the glen topics.

The project may be done In a group or Indlividually

20 marks assigned for Project Work will be divided into two terms for 10 marks each.

L. Project One: Field Vislt

The objective of introducing this project among the students Is to give a first hand experience
to them regarding the different types of business units operating in their surroundings, to
observe their features and activitles and relate them to the theoretical knowledge given in
their textbooks. The students should select a place of fleld visit from the following: -(Add
more as per local area availability.)

1. Visit to a Handicraft unit.

2. Visit to an Industry.
3. Visit to a Wholesale market (vegetables, fruits, flowers, grains, gaments, etc.)
4. Visit to a Departmental store.
5. Visit to a Mall.

The folowing points should be kept in mind while preparing this visit.

1. Select a suitable day free from rush/crowd with lean business hours.
2. The teacher must visit the place first and check out on logistics. It's better to seek
permission from the concerned business incharge.
3. Visit to be discussed with the students in advance. They should be encouraged to
prepare a worksheet containing points of observaton and reporting.
4. Students may carry their cameras (at their own risk) with prior pemisslon for
collecting evidence of their observations.

1. Visit to a Handlcraft Unit

The purpose of visiting a Handicraft unit is to understand nature and scope of its bu 16/27
stakeholders Involved and other aspects as outlined below

a) The raw material and the processes used In the buslness: People /partles/fims from
which they obtain their raw material.
b) The market, the buyers, the middlemen, and the areas covered. c) The countries to which
exports are made.
d) Mode of payment to workers, supplers etc.

e) Working conditions.
Modernization of the process over a period of time.
for the staf and workers.
9) Facilites, security and training
h) Subsidies available/ availed.
1) Any other aspect that the teachers deem fit

2. Visit to an Industry.

The students are required to observe the following:

a)b) Determinants
Nature of the business organisation.
for location of business unit.
Fom of business enterprise Sole Proprietorshlp, Partnership, Undivided Hindu Family,
Joint Stock Company (a Multinational Company).
d) Diferent stages of productioniprocess
e) Auxiliaries involved in the process.
Workers employed, method of wage payment, tralning programmes and faclities available.
9) Soclal responsiblities discharged towards workers, investors, society, environment and
government.
h) Levels of management.
i) Code of conduct for employers and employees.
) Capital structure employed- borrowed v/s owned.
k) Quality control, recycling of defective goods.
) Subsidies available/availed.
m) Safety Measures employed.
n) Working conditions for labour in observation of Labour Laws.
e) Working conditions.
) Modernization of the process over a perlod of time.
9) Facilities, security and training for the staff and workers.
h) Subsidies available/ availled.
1) Any other aspect that the teachers deem ft.

2. Visit to an Industry.
The students are required to observe the following:
a) Nature of the business organisation.
b) Determinants for location of business unit.
c)Joint
Form of business enterprise: Sole Proprietorship, Partnership, Undivided Hindu Family,
Stock Company (a Multinational Company).
d) Different stages of production/process
e) Auxillaries involved in the process.
) Workers employed, method of wage payment, training programmes and facilities avallable.
9) Soclal responsibilities discharged towards workers, Investors, society, environment and
government.
h) Levels of management.
1) of conduct for employers and
Code employees.
) Capital structure employed- borrowed vis owned.
k) Qualty control, recycling of defective goods.
I) Subsidies available/availled.
m) Safety Measures employed.
working condltions for labour in observation of Labour Laws.
o) Storage of raw material and finished goods.
P) Transport management for employees, raw material and finished goods.
9) Functioning of various departments and coordination among them (Production, Human
Resource, Finance and Marketing)
r) Waste Management.
s) Any other observation.

3. Visit to a wholesale market: vegetables/fruts/fl owers/gralns/garments etc.

The students are required to observe the following:

a sources of merchandise.
bLocal market practices.
cAny linkeupbusinesses
d Nature of the goods dealt like
in.
transporters, packagers, money lenders, agents, etc.

e) Types of buyers and sellers.

Mode of the goods dispersed, minimum quantily sold, types of packaging employed.
9) Factors determining the price fluctuations.
h)Seasonal factors (ff any) aifecting the business.
Weekly/ monthly non-working days.
Dstrikes,any- causes thereof.
f
Mode f
k) payments.
) Wastage and disposal of dead stock.
m) Nature of price fiuctuations, reason thereof.
n)Warehousing facilities availablelavailed.
o) Any other aspect

4. Visit to a Dopartmental store

The students are required to observe the following:
a) Diferent departments and their layout.
b) Nature of products offered for sale.
) Display of fresh arivals.
d) Promotional campaigns.
e) Assistance
Spaces andbyadvertisements.
Sales Personnel.
g) Biling counter at store Cash, Credit Card/ Debit Card, swipe facility. Added attractions
and facilities at the counter.
h) Additional facilities offered to customers
i) Any other relevant aspect.

6. Visit to a Mall.

The students are required to observe the following:

a) Number of floors, shops occupied and unoccupied.

b) Nature of shops, their ownership status
c) Nature of goods dealt in: local brands, international brands,
d) Service business shops- Spas, gym, saloons etc.
e) Rented spaces, owned spaces,
of promotional schemes.
) Diferentypes
g) Most visited shops.of the Mall- Food court,
h) Special attractions Gaming zone or Cinema etc.
i) Innovative facilities.
i) Parking facilities. Teachers may add more to the list.

II.ProjectTwo: Case Study on a Product

a) Take a product having seasonal growth and regular demand with which students can
relate. For example,
Apples from Himachal Pradesh, Kashmir.
Orangesfrom Nagpur,
Mangoes from Maharashtra/U.P.Bihar/Andhra Pradesh etc.
Strawberries from Panchgani,
Aloe vera from Rajasthan,
Walnuts/almonds from Kashmir,
Jackfruit from South,
Guavas from Allahabad,
from North East India,
ineapples
Tea from Assam,
Orchids fraom Sikkim and Meghalaya,
Pottery of Manipur,
Fishes from coastal areas.

Students may develop a Case Study on the following lines:

() Research for changein price of the product. For example, apples in Himachal
Pradesh during plucking and non plucking season.
) Effect on prices in the absence of an effective transport system.
() Effect on prices in the absence of suitable warehouse facilities.
(V Duttes perfomed by the warehouses.
(V Demand and supply situation of the product during harvesting season, prices
near the place of origin and away.
Students may be motivated to find out the Importance of producing and selling these
products and their processed items along wth the roles of Transport, warehousin9
Advertising. Banking. Insurance, Packaging. Wholesale selling. Retailing, Co-operative
farming, Co-operative marketing etc.
The teacher may develop the points for other projects on simllar lines for students to work
on.

The teacher may assign this project as group' project and may give different products to
diferent groups. It could conclude in the form of an exhibition.

l. Project Three: Aids to Trade

Taking anyaspects
following one AID TO TRADE, for example Insurance and gathering information on

1. History of Insurance Lloyd's contributilon.

2. Development of
regulatory Mechanism.
3. Insurance Companies in lndia
4. of
Principles Insurance.
5. Typesof Insurance. Importance of Insurance to the businessmen.
5. 5enehtsof crop, orchards, animal and poultry insurance to the farmers.
7.Terminologies used (premium, face vaiue, market value, maturilty value, surrender value)
and their meanings.
8. Anecdotes and interesting cases of insurance. Reference of films depicting people
committing fraudulent acts with Insurance companies.
9. Careers in insura
Teachers develop such aspects for other aids to
trade
. Project Four: Import Export Procedure
Any one from the following

1.TheImport /Export procedure

students should identify a product of their city/country which is imported lexported. They
are required to find the detalls of the actual import/export procedure. They may take help
from the Chambers of Commerce, Banker, existing Importers/Exporters, etc.

They should find detals of the procedure and link it with their Text knowledge.

The specimens of documents collected should be pasted in the Project fle with a brief
description of each. They may also visit railway godowns/dockyards/ transport agencies and
may collect plctures of the same.

Presentation and submission of project report.

At the end of the stipulated term, each student will prepare and submit his/her project report.
Following essentials are required to be fulfilled for its preparation and submission.
1. The total project will be in a file format, consisting of the recordings of the value of shares
and the grapns.
2. Ihe project will be handwritten.
3. The projectwill be presented ina neat folder.
4. The project report will be developed in the following sequence
Cover page should projectthe tite, student Information, school and year.
O List of contents.
D Acknowledgements and preface (acknowledging the institution, the news papers
read, T.V. channels viewed, places visited and persons who have helped).
Introduction.
D Topic with suitable heading.
D Planningand activities done during the project, If any.
DObservatlons and findingswhlle conducting the project
D News paper clilppings to reflect the changes of share prices.
Concluslons (summarised suggestions or findings, future scope of study).
DAppendix (f needed).
DTeachers report.
DTeachers will initial preface page.
At the completion of the evaluation of the project, It will be punched in the centre
so that the report cannot be reused but is available for reference only.
The projecis wil be retumed arter evaluation. The school may keep the best
projects.

V. Project Five: A visit to any State Emporium (other than your school stato).
The purpose of this project is that it leads to -

Development of deeper understanding of the dlversity of products in the states like

Assam, Tripura, Nagaland, Mizoram, Manipur, Meghalaya, Sikkim, Arunachal Pradesh,
Jammu and Kashmir, Kerala, Chhattisgarh, Telangana, Andhra Pradesh and other states of
the country.
Sensitization and orientation of students about other states, their trade, business and
commerce,
Understanding the cultural and socio-economic aspects of the state by the students,
Developlng the underslanding of role of folk art, artisanship and craftsmanship of the state
in and economic
its growth development
Understanding the role of gifts of nature and natural produce In the development of trade,
business and commerce
Understanding the role of vocational skills and abilities on the livelihood of artisans/
craftsmann
DUnderstanding of entrepreneurial skills and ablities of the artisans/craftsman
Understanding of the unemployment problem of the state and role of art and craft of the
state in generating employment opportunitess
D Value aspect
Sense of gratitude by appreclating the contributons made by others in the betterment of
Our Iives
Appreclating the dignity of work
Sensitivity towards social, cultural, ethical and religious differences Benefits of soclal
harmonyand peace
Understanding and appreclatling the unity in diversity in India
Appreciating differences In race, skin colour, languages, religion, habits, festivals, clothing
coexistence

Presentation and Submission of Project Report

At the end of the stipulated term, each student will prepare and submit his/her project
report
Following essentals are required to be fulfilled for its preparation and submission.
1.2. Nature of the business organisaton (emporium)
Determinants for location of the concerned emporium
3. Is the space rented or owned
4. Nature of the goods dealt in
5. Sources of merchandise of the emporium
6. Role of co-operative societies in the manufacturing and/or marketing of the merchandlse
7. Role of
gits of
nature or natural produce in the development of goods/merchandise
8. Types
of buyers and sellers
9. Modes of goods dispersed, minimum quantity sold and type of carrying bag or package
used for deliveryofthe products sold
10. Factors determining the pricing at the emporlum
11. Comparison between the prices of goods available at the emporium with the prices in the
open market. Also highlight probable causes of variations if any.
12. Kind of raw material avallable naturally, used in making the products
13. The technique used in making the products i.e., hand made or machine made
14. Has the child labour being used in making the products sold at the emporium
15. Are the products eco-friendly, in tems of manufacturing, disposal and packing
16. Seasonal factors if any affectng the business of the emporium
17. Weekly/ Monthly non-working days
18. Mode of billing and payments - Cash, Credit Card/ Debit Card, Swipe facility.

19. Does the emporium sell its merchandise in installment f deferred payment basis
20. Do they provlde home delivery and after sales services?
schemes
21. Dirferent types o promotlonal
22. Assistance by Sales Personnel
campaigns/
23. Export orientation of this emporium and procedure used
24. Policies related to damaged/ returned goods
25. Any govemment facility avallable to the emporium
26. Warehousing facilltles available / availled
27. Impact of tourism on the business of emporium
28. Additional facility offered to Customers
29. Any Corporate Socdal Responsiblity (GSR) assumed by the emporium
30. Contribution made by the emporlum to its locality