Commerce

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GOVERNMENT REGULATION OF BUSINESS

GOVERNMENT REGULATION OF BUSINESS  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 To raise money through taxes e.g. V.A.T. Education tax etc To protect consumers against exploitation by producers and middle-men eg

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AGENCY

AGENCY   Agency is the relationship which arises whenever one person (the agent) acts on behalf of another person (the principal) and has power to affect the principal’s legal position with regard to a third party. In practice, the two most important function of an agent are: Making contracts on his principal’s behalf Disposing of his

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TYPES OF AGENCY

TYPES OF AGENCY  An agent could belong to one of the following classification: Universal Agent – An agent has given unlimited or unrestricted power to enter into any type of business contract on behalf of the principal. General Agent – An agent that has authority to act in all matters relating to a particular business.

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ADVERTISING

ADVERTISING   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 means of various methods such as newspaper, radio, television.   FUNCTIONS OF ADVERTISING Creation of demand for goods and services Informing customers about the

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Business Studies

INTRODUCTION TO COMMERCE

Commerce is an important branch of business which involves buying and selling. Commerce can be defined as the large scale of buying and selling of goods and services.  Commerce is another term for describing trading of goods and services. It looks after the distribution aspect of a business. Transportation plays a very important role in

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COMMERCE SSS 3 SCHEME OF WORK

COMMERCE SS 3 FIRST TERM Business Capital and Customer Services – Capital – Credit – Profit – Turnover Establishment and Management of Business – Business Law – Law of Agency – Contract of Sale of Goods – Contract of Employment and Government Regulation of Business – Structure of Business – Introduction to Business Management  

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COMMERCE SSS 2 SCHEME OF WORK

COMMERCE (COMM) SSS 2- FIRST TERM 1. Career Opportunities 2. Cooperative Societies 3. Public Enterprises 4. Limited Companies   COMMERCE (COMM) SSS 2- SECOND TERM 1. Trade Associations and Other enterprises 2. Transportation 3. Communications 4. Advertising   COMMERCE (COMM) SSS 2- THIRD TERM 1. Tourism 2. Insurance 3. Banking 4. Warehousing.   Also See

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SCHEME OF WORK FOR COMMERCE SS 1

COMMERCE SS 1 FIRST TERM 1. Introduction to Commerce 2. History of Commerce 3. Occupation 4. Production, Division of Labour, Specialization and Exchange   COMMERCE SS 1 SECOND TERM 1. Trade 2. Home Trade 3. Foreign Trade (International) 4. Commodity Exchange COMMERCE SS 1 THIRD TERM 1. Sole Proprietorship 2. Partnership 3. Money   Also

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COMMERCE POST UTME (PRO)

COMMERCE POST UTME Practice the Commerce Post UTME for Universities, Polytechnics and College of Education with our CBT software and pass your commerce examination. PAST QUESTION BANK PRO (PQBP) (1) No Ads Display on Our Past Question Bank Pro (PQBP) (2) Get 2x or 3x more questions and answers (3) See all answers at the

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THE ELECTRONIC COMPUTER

Characteristics of a Computer Speed – high speed of operation Storage – Large storage volume 3.  Versatility – Can be used to perform wide range of tasks 4. Diligence – It can perform similar operations at the same speed and accuracy at all times. 5. Automatic – Tasks are performed automatically based on the programme

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INTRODUCTION TO DATA PROCESSING

INTRODUCTION TO DATA PROCESSING  Data Processing is the process of producing meaningful information from raw data.  It describes the series of actions taken to produce useful information by collecting all items of data together and performing operations on them.  The aim of data processing is to convert raw data into information.   Data: Data represent

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EMPLOYER / EMPLOYEE RELATIONSHIP

EMPLOYER / EMPLOYEE RELATIONSHIP  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 his employee’s safety Indemnity – The employee must reimburse the employee for any expense / loss incurred on behalf of the

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