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The National Institute of Open Schooling (NIOS) formerly known as National Open School (NOS) was established in November 1989 as an autonomous organization in pursuance of National Policy on Education 1986 by the Ministry of Human Resource Development (MHRD), Government of India. NIOS is providing a number of Vocational, Life Enrichment and community oriented courses besides General and Academic Courses at Secondary and Senior Secondary level. It is an ‘Open School’ to cater to the needs ... Learn the rationale, objectives, theory and project work of Business Studies for Class XI students in India. The course covers topics such as nature and purpose of business , forms of business organizations, public and private enterprises, business services, finance and trade, and more. The course in Business Studies prepares students to analyse, manage, evaluate and respond to changes which affect business . It provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces. What is Business Studies ? Business Studies is the acronym for Business Administration. Business administration helps companies achieve their goals by giving them the tools they need to be successful. In this regard, it is of value that Business Studies is a broad subject that deals with the fundamentals of business success, from finance to strategy and marketing. In our Business Studies Dictionary, we will look at the impact of lobbying on our society and our political process, among other ...
