JSS 3 Business Studies (1st, 2nd & 3rd Term)

Business Studies

APPLIED KEYBOARDING

International paper sizes Paper sizes are produced and prepared base on folding and getting half of such a paper to arrive at other sizes. The largest + size of the international paper is AO half of it is A1 – AO. A1 is half of AO                                                         594mm * 841mm A2 is half of A1                                                          594mm …

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Business Studies

SPEED DEVELOPMENT IN SHORTHAND

To speed up your development in shorthand, here are some tips that can help you improve your skills and increase your overall speed: 1. Master the Basics: Ensure you have a solid understanding of the shorthand system you’re using. Familiarize yourself with the basic symbols, strokes, and rules of the system. Practice writing them accurately …

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Business Studies

TRADING, PROFIT AND LOSS ACCOUNT

Trading account is prepared to determine the profit or gross loss in a particular business period. The gross profit or loss is the different between sales and cost of goods sold. Business prepares trading, profit and loss account to ascertain the financial position of a business at the end of the year. Contents of Trading …

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Business Studies

PERSONAL FINANCE

FINANCE: means decisions on how money is spent or invested i.e. it is the study of how money is managed, invested or spent on any project. Personal finance – is the process of controlling your money and making decisions to keep finances in check and out of debt. It helps to make monetary decision for …

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Business Studies

TRIAL BALANCE

TRIAL BALANCE Click on the link to open this lesson note TRIAL BALANCE   See also BOOK KEEPING CONSUMER COMMUNICATION TRANSPORTATION ADVERTISING

Business Studies

DOUBLE ENTRY BOOK KEEPING

DOUBLE ENTRY BOOK KEEPING Click on the link to open this lesson note DOUBLE ENTRY BOOK KEEPING   See also CONSUMER COMMUNICATION TRANSPORTATION ADVERTISING DIRECT AND INDIRECT SERVICES

Business Studies

CONSUMER PROTECTION AND AWARENESS

CONSUMER PROTECTION A Consumer – is an individual who makes final use of goods and services Protection – is covering Consumer protection – is defined as various ways and methods adopted by the government and private organisation to ensure that consumers are not cheated by producers and middlemen and that consumers enjoy maximum satisfaction from …

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Business Studies

COMMUNICATION

Communication may be defined as a means of sending and receiving information from one person to another or from one place to another. It connects buyers and seller together and also aid trade in commerce. Role of communication Communication provides quick means of sending and receiving information It enhances the spreading of information about market …

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Business Studies

TRANSPORTATION

Transportation is a means by which raw materials, finished goods and people are moved from one place to another. IMPORTANCE OF TRASPORTATION IN COMMERCE Transportation helps to widen the market It encourages international trade It prevents wastage of perishable goods It helps to provide job opportunities It facilitates and quickening effective distribution of goods It …

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Business Studies

ADVERTISING

Advertising may be defined as business term or means or bringing the existence of new and old products in the market to the knowledge of the consumers. It is the process by which members of the public are informed about available goods in the market. Importance/functions of Advertising Advertising provides information about the goods in …

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