BUSINESS STUDIES JSS2 FIRST TERM

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

AIDS TO TRADE 

Definition and explanation of aids to trade 

- Different aids to trade 

Transport 

- Means of transportation (air, rail, road, water, pipeline) 

- Importance of transportation to 

commerce. 

Teacher: Define and explain the term aids to 

trade. State various aids to trade. 

Explain various means of transportation 

Students: Define trade and mention the 

means of transport they know. 

Material: A photograph showing Aeroplane, 

car, ship train etc 

2 

AIDS TO TRADE 

Advertisement 

 Types of advertisement 

 Means of advertisement 

(newspapers, radio, 

television etc) 

 Communication 

- Meaning 

- Importance 

- Communication firms 

Teacher: Define and explain advertisement. 

Explain how advertisement aids trade. 

Explain various means of advertisement and 

types of advertisement. Discuss 

communication and communication firms. 

Importance to trade 

Students: list communication firms they 

know, also define communication. 

Material: A slot of advertisement pictures 

from newspapers, magazine etc. 

photographs of communication gadgets to 

be displayed. 

3 

AIDS TO TRADE 

Banking 

 Definition and explanation 

 Examples of bank (UBA, 

GTB, etc) 

- Types of Banks 

- Bank as aid to trade 

Insurance 

- Definition 

- Types of insurance policies 

- Importance of insurance to trade. 

Teacher: Define and explain bank. State the 

examples of banks. Discuss types of banks 

e.g. Central , commercial, development 

banks etc 

Students: Define banks; take an excursion 

to a bank. 

Materials: Pictures of banks activities. 

Teacher: Define and explain insurance. 

Discuss types of insurance policies. State 

the importance of insurance. 

Students: Define insurance; take an 

excursion to an insurance company. 

Materials: Pictures of insurance firms and 

things they can insure such as vehicles, 

houses etc. 

4 

AIDS TO TRADE 

Warehouse 

 Definition 

 Types of warehouse 

 Functions of customs and exercise 

duty 

 Importance of warehouse to trade 

Tourism 

- Definition 

- Tourism centres in Nigeria 

- Importance of tourism to trade 

Teacher: explain warehouse, types of 

warehouse and functions of customs and 

exercise duty in relation to warehouse. 

Discuss tourism, tourism centres in Nigeria 

and importance of tourism . 

Students: define warehouse and say where 

they have seen warehouse before. Mention 

tourism centres they have visited. 

Materials: A photograph of custom officers 

and warehouse, tourist centres. 

5 

MARKET 

- Definition 

- Types of market (money, capital and 

commodity) 

- Career opportunities in the stock 

exchange market 

- Functions of stock exchange 

operators e.g. brokers and jobbers. 

Teacher: Define and explain the term 

market. Discuss types of market, career 

opportunities in stock exchange market. 

Examples of commodity market, functions of 

brokers and jobbers. 

Students: Mention the types of market they 

know with definitions. 

6 

MARKET (cont.) 

- Definition of buying and selling 

- Meaning of cash and credit sales 

- Advantages of cash and credit sales 

- Document used when credit/cash 

sales or purchase is made. 

Teacher: explain buying and selling, the 

meaning of cash and credit sales, 

advantages of cash and credit sales. Sales 

documents involved. 

Students: Define market, mention some 

marketing activities. 

Materials: A sample of cash receipt, debit 

and credit invoices. 

7 

MARKET (cont.) 

Calculation of 

- Cost of sales 

- Mark-up 

- Turn over 

- Gross profit/loss 

- Net profit/loss 

Teacher: Discuss and calculate cost of 

sales, mark-up etc. 

Students: Define and calculate cost of sales, 

mark-up, turn over, gross/net profit. 

Materials: A chart of trading, profit and loss 

account. 

8 

DISTRIBUTION 

- Meaning of distribution 

- Channels of distribution 

- Handling of chemicals in distribution 

process 

- Licensed chemical 

distributors/vendors. 

Teacher: Define and explain the word 

distribution, stating and explaining the 

channels of distribution. also discuss how 

chemicals are to be handled when on sales. 

Students: Mention some chemical producing 

and distributing firms. Define channel of 

distribution 

Materials: A photographs, charts, video clips 

of regulatory agencies. 

9 

DISTRIBUTION (cont.) 

Functions of Channels of distribution: 

- Producer 

- Wholesaler 

- Retailer 

- Consumer 

Teacher: Discuss the functions of each of 

the channels of distribution with examples. 

Students: Go for an excursion to a whole to 

a wholesale or retail shop. 

Material: A photograph of retail and 

wholesale activities 

10 

SALES DOCUMENT 

Sales Document 

- Invoice 

- Performa invoice 

- Receipt 

- Sales daybook 

- Quotation; debit note 

Teacher: Define and explain invoice, 

Performa invoice, receipt etc 

Students: Define and explain sales 

document and other sales documents as 

taught 

Materials: Samples of invoice, receipt, sales 

day book to be shown to students. 

11 

PURCHASE DOCUMENTS 

- Letter of inquiry 

- Order letter 

- Open and close indent 

- Purchases daybook 

- Credit note 

Teacher: Define and explain purchases 

documents with worked examples. Explain 

letter of inquiry, order letter etc. 

Students: Define and explain purchase 

documents. 

Sample of letter of enquiry, purchases day 

book etc. 

12 

THE RECEPTIONIST 

- Meaning and qualities 

- Duties of a receptionist 

- How to receive and treat visitors. 

- Appropriate dress code 

Teacher: Define and explain reception and 

receptionist. State the importance, qualities 

and duties of a receptionist and how to 

receive and treat visitors. 

Charts/diagrams of a receptionist. Sample of 

visitors book, telephone etc. 

13 

REVISION