BUSINESS STUDIES JSS1 SECOND TERM

IN THIS TERM LEARNERS SHOULD LOOK OUT FOR THE FOLLOWING IN DETAIL:

FACTORS OF PRODUCTION 

Factors of Production 

i. Land 

ii. Labour 

iii. Capital 

iv. Entrepreneur 

2 

OCCUPATION 

Meaning of Occupation 

Division of Occupation 

i. Primary 

ii. Industrial 

iii. Commercial 

iv. Services 

3 

OCCUPATION 

i. Factors which affect occupation 

ii. Differences between Direct and Indirect Services.

4 

ETHICS IN SOURCING CHEMICALS 

1. Meaning of ethics 

2. Ethics of sourcing chemicals 

i. From licensed chemical vendors 

ii. Good handling techniques 

iii. Good distribution 

iv. Proper disposal 

5 

ENTREPRENEURSHIP 

1. Meaning of: 

i. Entrepreneurship 

ii. Enterprise 

iii. Self employment 

2. Facilities available for Self Employment 

6 

Successful Entrepreneurs 

i. Your locality 

ii. Nigeria 

iii International 

7 

Importance of entrepreneurship in: 

i. Individuals 

ii. Family 

iii. Society 

8 

FORMS OF BUSINESS ORGANIZATION 

1. Meaning of business organisation 

2. Types of business organisation 

SOLE PROPRIETORSHIP 

9 

- PARTNERSHIP 

- LIMITED LIABILITY COMPANY 

 10 

- COOPERATIVE SOCIETIES 

- Advantages and disadvantages of each form of

business