Ch 1 Nature, Purpose and Scope Of Business | Std 11 OCM | Gujarat Board | Detailed Explained

📚 Chapter 1: Nature, Purpose, and Scope of Business
Welcome to Shapers Education! In this video, we are covering Chapter 1 from Organization of Commerce and Management for 11th Standard Gujarat Board students.

This chapter lays the foundation of business studies, exploring what business actually means, why it exists, and how it functions in various forms.

🔍 Topics Covered in This Video:
1. Introduction to Human Activities
• Economic Activities
• Non-Economic Activities
2. Types of Economic Activities
• Business
• Profession
• Employment
3. Meaning and Characteristics of Business
4. Objectives of Business
• Economic Objectives
• Social Objectives
• Human Objectives
• National Objectives
5. Classification of Business Activities
• Industry
• Primary Industry
• Secondary Industry
• Tertiary Industry
• Commerce
• Trade
• Internal Trade
• External Trade
• Auxiliaries to Trade (Aids to Trade)
• Transport
• Banking
• Insurance
• Warehousing
• Communication
• Advertising
6. Differences Between Business, Profession, and Employment
7. Scope of Business
• Wide coverage of industries and services
• Emerging trends in commerce

Whether you’re preparing for exams or building your basics, this video explains every concept clearly, along with relatable examples and visuals to help you understand better.

🧠 This video is ideal for:
✔️ 11th Std Gujarat Board Students
✔️ OCM Beginners
✔️ Commerce Stream Students

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