CBSE Class 11 Business Studies Chapter 9 : Small Business and Enterprises Notes
Studying can be challenging if we do not have the necessary study materials or supervision. This is why it is critical that students select the CBSE Class 11 Business Studies Chapter 9 Notes from a reputable source that will benefit them not only in the exam but also in the future. This chapter discusses the many types of small enterprises in India, including their influence, government initiatives, benefits, and constraints. Following extensive professional investigation, the Business Studies class 11 notes chapter 9 has been developed.
Chapter 9 of Class 11 Business Studies analyses the many sorts of small enterprises existing in India, their effects, and the benefits and drawbacks of government efforts. A small business is one that operates on a small scale, with fewer equipment, manpower, and capital requirements than larger businesses.
Key Takeaways
- Small business
- Nature of small scale industries
- Administrative setup for small scale
- Role of small business in India
- Role of small business in rural India
- Problems of small business in India
- Government assistance and special schemes for industries in rural backward and hilly areas
- NABARD – National Bank for Agriculture and Rural Development
- RSBDC – The Rural Small Business Development Centre
- NSIC – National Small Industries Corporation Ltd
- SIDBI – Small Industries Development Bank of India
- RWED – Rural and Women Entrepreneurship Development
CBSE Class 11 Business Studies Chapter 9 Notes PDF Download
The goal of the Chapter 9 Business Studies Notes PDF is to aid students in their exam preparation and help them ace it. Notes are available for students to download for free in PDF format.
Click here to Download CBSE Class 11 Business Studies Chapter 9 Small Business and Entrepreneurship Notes
Download free – Class 11 Business Studies Chapter 1 NCERT Handwritten Solution
FAQ
1. What are the problems of small businesses?
Small businesses are unable to sustain themselves in the market due to a lot of factors. There are numerous problems that are faced by them. They are;
Finance issues
Raw material production and transportation.
Management and operations related problems
Hiring labourers
Identifying effective strategies for marketing
Detecting methods for testing the quality of products
Capacity utilization
Knowing effective strategies to beat the competition
Health-related issues
Technology-related problems
2. How small businesses can do marketing?
Class 11 business ch 9 notes explain why marketing is important even for a small business. Yes, there are challenges like the existence of middlemen and fund constraints for building up infrastructure but technology makes it possible for them to stay ahead of the competition in their own sector. They can resort to social media marketing and a host of other digital marketing techniques to stay cost-effective yet marketing savvy.
3. Explain the role of small industries in terms of diversity of products and customisation
Role of small businesses in terms of;
- Diversity of products- Many small businesses in India are capable of generating different types of goods. These products are generated in a large amount. However, this amount can be changed due to fluctuations in demand. These businesses produce products like handicrafts, soaps, detergents, utensils, garments, ornaments, handlooms, clothes, etc.
- Customisation- These businesses have the liberty to customize goods according to the requirements of the buyers.
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