CBSE Class 10 Elements of Business Notes

Welcome students! Continue your studies on Elements of Business for Class 10 using our study material here. We have included detailed notes which cover all topics included in the syllabus. They have been written in a lucid and organised manner to enable you to easily retain the material. We only suggest that you understand the concepts before memorising the material, for maximum benefit. Have fun!

Unit I -Joint Stock CompanyUnit II – Sources of Business Finance
Unit III – Communication in Business OrganisationsUnit IV – Selling and Distribution
Unit V – Large Scale Retail TradeUnit VI – Selling

Unit I -Joint Stock Company
(a) Joint Stock Company
(b) Private and Public company – meaning and feature

Unit II – Sources of Business Finance
Sources of business finance – owned and borrowed funds

Unit III – Communication in Business Organisations
(a) Communication in business
(b) Meaning and methods – letter, e-mail, video conferencing, telephone

Unit IV – Selling and Distribution
Selling and Distribution(a) Concept of purchase and sale
(b) Types of Cash, Credit, Hire purchase system and Instalment payment system

Unit V – Large Scale Retail Trade
(a) Forms of large scale retail trade, Departmental stores and Multiple shops
(b) Non store retailing – mail-order business, teleshopping, automated vending machine and selling through internet

Unit VI – Selling
(a) Personal selling – meaning and importance
(b) Sales promotion – meaning and techniques
(c) Advertising – meaning and importance and media of advertising

Practice Papers:

Class 10 Elements of Business Test Paper 1

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In this study material, we have explained the syllabus in a lucid and easy-to-understand manner to enable you to retain the concepts well. We have also complemented it with a practice exam paper, to help you test your understanding and retention of the material. We only suggest that you understand the material before just memorising for maximum understanding and retention.

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2. How to use educationroundtheworld.com’s study material for CBSE Class 10 Elements of Business?

Study the notes from the beginning.
Understand the material instead of just memorising the facts.
Revise repeatedly until you can recall all the concepts.
Test the concepts using the test paper.

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