Get well-organized SS 3 Commerce notes covering 1st, 2nd, and 3rd terms, based on the WAEC & NECO syllabus. These notes are designed to help you understand core concepts and prepare effectively for your exams.
Access SS 3 Commerce notes for 1st, 2nd, and 3rd terms aligned with WAEC & NECO syllabus. Comprehensive notes for effective learning and revision.
Capital Market Capital Market refers to a platform designed for obtaining medium and long-term loans. Its primary purpose revolves around catering to the financial requirements of industries and the commercial… Read More »Capital Market, Stock Exchange & Second Tier Securities Market
Meaning of Indigenization Indigenization refers to a government policy aimed at promoting and increasing the involvement of Nigerian citizens in the ownership and management of business organizations previously owned by… Read More »Indigenization | Meaning, Advantages, Disadvantages & Reasons
When business transactions occur, certain documents are drawn up and passed from one person to another. These documents are used to effect transactions between buyers and sellers. The documents are… Read More »Business Documents | Quotation, Price List, Receipt, Invoice, Order
Meaning of Deregulation Deregulation, a multifaceted and often contentious policy approach, signifies the deliberate and systematic dismantling or relaxation of government-imposed regulations within a designated industry or sector of the… Read More »Deregulation | Meaning. Advantages, Disadvantages & Reasons
Structure of Business A business structure refers to the legal and organizational framework within which a business operates. It determines how the business is organized, managed, and owned. Different business… Read More »Business Structure & Organizational Structure
Definition of Marketing: Marketing can be described as the process of evaluating consumer needs, desires, preferences, and demands. It involves crafting and manufacturing products and services that cater to these… Read More »Marketing | Meaning, Importance, Roles & Terms
Economic Groupings in West Africa ECOWAS ECOWAS, which stands for the Economic Community of West African States, is a regional intergovernmental organization encompassing 15 countries in West Africa. Established on… Read More »ECOWAS, Niger Basin Commission & Lake Chad Basin Commission
A consumer refers to an individual who utilizes goods and services for their final purposes. Protection, in this context, signifies safeguarding. Consumer protection is a concept encompassing diverse strategies employed… Read More »Consumer Protection | Basis, Consumer Rights, Functions
Business Law Business law encompasses all aspects of legal regulations governing business transactions. Business laws consist of a set of rules that oversee business transactions. These rules pertain to the… Read More »Business Law & Contracts
Capital Certainly! The term “capital” has different meanings and implications depending on the context in which it is used, such as economics, accounting, and in everyday language. Economics Definition: In… Read More »Business Capital | Capital, Credit, Profits, Turnover, Hire purchase
MEANING OF PRIVATIZATION Privatization, a multifaceted economic concept, encapsulates the intricate transformation of ownership and governance structures within various sectors of an economy. This comprehensive phenomenon encompasses the systematic shift… Read More »Privatization | Meaning, Advantages, Disadvantages & Reasons
This refers to the various ways by which government controls the activities of business organization to ensure social and economic order in the society. REASONS FOR GOVERNMENT REGULATION OF BUSINESS… Read More »GOVERNMENT REGULATION OF BUSINESS
DUTIES OF THE EMPLOYER To pay wages – i.e. enumeration To provide work which the employee will handle To give holidays to the employee Duty to take reasonable care for… Read More »EMPLOYER / EMPLOYEE RELATIONSHIP | DUTIES, RIGHTS
SALE OF GOODS A contract of sale of goods is a contract whereby the seller transfer the property in goods to the buyer for a money consideration called the price.… Read More »SALE OF GOODS ACT / HIRE PURCHASE ACT
An agent could belong to one of the following classification: Universal Agent – An agent given unlimited or unrestricted power to enter into any type of business contract on behalf… Read More »TYPES OF AGENTS And AUCTIONEER
What is an agency? An agency is a relationship which arises whenever one person (the agent) acts on behalf of another person (the principal) and has the power to affect… Read More »AGENCY | METHODS, DUTIES, PRINCIPLES, PARTIES, AGENTS
A Contract is an agreement between two or more parties which creates legal rights and obligations as between the parties involved. Parties to a Contract This is the identity given… Read More »Contract | Definition, Parties, Types. Elements
Public relation is the image building done by an organization to give the public favourable impression about its aims and policies. FUNCTIONS OR IMPORTANCE OF PUBLIC RELATIONS It ensures the… Read More »PUBLIC RELATIONS / CUSTOMERS SERVICES | FUNCTIONS, IMPORTANCE, MEDIA
Advertising is the branch of commerce which deals with promoting sales of goods, services or ideas through messages that are meant to inform, educate and persuade the general public by… Read More »ADVERTISING | TYPES. FACTORS, FUNCTIONS, ADVANTAGES, DISADVANTAGES
Marketing may be defined as the process of assessing consumer needs, wants, preferences and demand; designing and producing goods and services that will satisfy such wants and moving such gods… Read More »INTRODUCTION TO MARKETING | DEFINITION, FUNCTIONS, CONCEPT