COMMERCE SS1 THIRD TERM

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

WK-1. CAREER OPPORTUNITIES – 

Types of occupation, career opportunity - Requirements for the various careers, factors to be considered before choosing career. - Career hazard.

WK-2. CO-OPERATIVE SOCIETIES – 

Definition, formation, characteristics and history of co-operative movement. Types of co-operative societies; - Consumer co-operative - Producer cooperative - Wholesaler cooperative - Retailer cooperative - Thrift and credit societies - multi-purpose.

WK-3. CO-OPERATIVE SOCIETIES CONTD. - 

Advantages, disadvantages, and problems of co-operative societies in Nigeria. Public enterprises; meaning, formation, management and sources of capital.

WK-4. PUBLIC ENTERPRISES CONTD.-

  Reasons for government ownership of public enterprises. Advantages and disadvantages of public enterprises. Discuss various types of publics· enterprises and their methods of formation.

WK-5. LIMITED LIABILITIES COMPANIES-

 Meaning, · Types; private and public· Formation (legal requirement for· the formation of a limited liability. company), memorandum of association, article of association, prospectus, certificate of incorporation and trading.

WK-6. LIMITED LIABILITY COMPANIES CONTD.-

  Sources of capital; a. Shares, debentures, retained profit, loans, and overdraft, etc other sources of capital; trade credits, equipment/leasing.  Advantages and disadvantages of limited companies.  Liquidation/dissolution of a limited liability company.

WK-7. TRADE ASSOCIATION AND OTHER ENTERPRISES-

  Definition and examples· Aim and functions ·Chamber of commerce; - meaning, aims, functions, and structure. Consortium, cartel, amalgamation/merger/combine trust holding.

WK-8. MONEY-

 Meaning, history/ evolution of· money. Qualities of money Types and forms of money. · Similarities and differences between money and other communities used for exchange in trade by barter.

WK-9. TRANSPORTATION- 

 Meaning, importance and forms. · Land (road & rail) advantages and disadvantages. Water (advantages and disadvantages).

WK-10. TRANSPORTATION CONTD.-

 Forms of transportation; air transportation; - advantages and disadvantages. Pipeline; advantages and disadvantages.  Identify documents used in transportation.

WK-11. COMMUNICATION- 

Definition· Types; - oral, written, visual, non-verbal etc. Advantages and disadvantages of communication.