Welcome students, to our study material on Elements of Business Class 9. You will find that these notes cover the topic thoroughly and are presented in a logical and easy-to-understand manner. We only suggest that you understand the concepts before memorising the material, for maximum benefit. Have fun!
CBSE Class 9 Elements of Business Notes Topics
| Unit – I: Fundamentals of Business Activities | Unit – II: Operative Activities in Business |
| Unit – III: Steps involved in Establishing Business | Unit – IV: Fundamental Areas of Business |
Unit – I: Fundamentals of Business Activities
(a) Characteristics of Business Activities
(b) Business as an activity – how it is different from (i) Profession (ii) Employment
(c) Characteristics of vocational activities
(d) Factors affecting business (i) Economic (ii) Social (iii) Political
Unit – II : Operative Activities in Business
(a) Industry – Concept
(b) Commerce – Concept
(c) Industry – characteristics, Types and Nature
(d) Commerce: (i) Banking, (ii) Insurance (iii) Transportation (iv) Trade
Unit – III : Steps involved in Establishing Business
(a) Nature and forms of Business Organisation
(b) Sole Proprietorship – meaning, features
(c) Partnership – meaning, features and types
Unit – IV: Fundamental Areas of Business
(a) Finance – meaning
(b) Marketing – meaning
(c) Human Resources – meaning
Practice Papers:
Class 9 Elements of Business Test Paper 1
Frequently Asked Questions (FAQs) on CBSE Class 9 Elements of Business Notes
In this study material, we have given you a holistic picture of the subject as per the CBSE syllabus, to help you thoroughly prepare for your exams. We have even included a sample test paper, to help you understand what real exam questions might look like. We only suggest that you understand the material for maximum understanding and retention.
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Study the notes from the beginning.
Understand the material instead of memorising the facts.
Revise repeatedly until you can recall all the concepts.
Test the concepts using the test paper.
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