COMMERCE SS1 FIRST TERM

last update on: 07/30/2025

Wk-1. INTRODUCTION TO COMMERCE - 

Meaning - Scope functions - Characteristics - E- commerce, meaning, and functions.

WK-2. HISTORY OF COMMERCE – 

 Historical background of commerce in Nigeria. Factors affecting the growth of commerce. The barter system.

WK-3. OCCUPATION –

 Meaning Classifications; industrial, commercial and services occupation. Factors that determine types of occupation and employment.

WK-4. PRODUCTION –

 Meaning and types of industry (primary & secondary). Commerce (aids trade). Services/tertiary (direct & indirect)

WK-5. PRODUCTION CONTD – 

Factors determining the volume of production. Factors of production ; land, labour, capital, entrepreneur. Division of labour; meaning, advantages and disadvantages. -Limitations to division of labour. Specialization and exchange. Interrelationship between production, division of labour, exchange and specialization.

WK – 6.  TRADE – 

Meaning and types of trade. - Home trade - Foreign trade - Entrepot trade - Relationship among the different types of trade.

WK-7. HOME TRADE – 

Characteristics and functions of retail trade, highlight the features, advantages and disadvantages of retail trade. - Factors to be considered before setting up retail shop. - Small scale retailing; hawking, mobile shops, kiosk etc - Meaning, characteristics, advantages, and disadvantages of each.

WK-8. SMALL SCALE RETAILING – 

Store/market trader- meaning, characteristics, features, advantages and disadvantages. - Unit/tied shop- meaning, characteristics, features, advantages and disadvantages. - Reasons for survival or small scale retailers. - Problems of small scale retail business.

WK-9. LARGE SCALE RETAIL TRADE-

TYPES - Super market; meaning, features, advantages and disadvantages. - Departmental store; meaning, features, advantages, and disadvantages. - Multiple/chain store; meaning, features, advantages and disadvantages.

WK-10. LARGE SCALE RETAIL – 

Mail order business r firms; meaning, features, advantages and disadvantages. - Hyper market- meaning, features, adv. & disadvantages. - Variety store/one top shop- meaning, features, advantages and disadvantages. - Retail/whole sale co-operative society; meaning, features, advantages and disadvantages.

WK-11. LARGE SCALE RETAILING II

WK-12. MODERN TREND IN RETAILING –

 Branding –meaning, advantages and disadvantages. - Self services; meaning, advantages and disadvantages. - After sale services- meaning, advantages and disadvantages. - Describe necessary documents used in home trade