The motive of business is to earn profit by satisfying human needs in society. NCERT Solutions Class 11 Business Studies Chapter 1 Foundation of business. Nature and Purpose of Business – CBSE Notes for Class 11 Business Studies CBSE NotesCBSE Notes Business StudiesNCERT Solutions Business Studies Concept and Characteristics of Business, Profession and Employment. Its study amalgamates the concepts of finance, marketing, accountancy, economics and organizational studies. NCERT Solutions for Class 11 Business Studies provides a wide range of concepts and introduction to the subject which includes all the questions provided in the NCERT books. Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Business Studies for Class 11 so that you can refer them as and when required. (ii) Profession. National Council of Educational Research and Training (NCERT) Book for Class XI Subject: Business Studies Chapter: Chapter 1 – Nature and Purpose of Business . Quick Review— -> Types Of Human Activities (i) Economic Activities (ii) Non-Economic Activities -> Types Of Economic Activities (i) Business. Any illegal activity which is done to satisfy human need cannot come under the category of business. These ncert solutions are arranged subject-wise and topic-wise. Download NCERT Solutions for CBSE Class 11 Business Studies Nature and Purpose of Business in PDF format. LEARNING OBJECTIVES . Business Studies Class 11 NCERT PDF download can be done easily through the chapter-wise pdf links provided below. Class XI NCERT Business Studies Text Book Chapter 1 Nature and Purpose of Business is given below. Which of the following does not characterize a business activity? After studying this chapter, you should be able to: The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. Business studies is a curriculum subject that adopts areas like – marketing, accounting and economics. With consistent practice, it would become much easier for students to identify the areas that are not yet fully prepared. Case study on nature and purpose of business class 11 ... Live Account Business is an economic activity and any non-economic activity; like charity cannot come under the category of business. A business always involves production of and sale of goods and service. Chapter 1 - Nature and Purpose of Business. Chapter - Wise NCERT Solutions Class 11 Business Studies. NCERT Solutions for Class 11th: Ch 1 Nature and Purpose of Business Business Studies Page No: 19 Exercises Multiple Choice Questions 1.