Commerce

course outline

Topics

• Introduction to Commerce

  This module introduces the purpose and scope of commerce and its situation in the general environment.

• Goods and Services

  This module covers categorizing goods and services, distinguishing between consumable and durable types.

• Documents and Terms in Buying and Selling

  This module explains essential documents, trade terms, and means of payment used in commercial transactions.

• Organization of Production

  This module explains factors of production and the advantages and disadvantages of specialization.

• Trade

  This module identifies channels of distribution, procedures, and documents for home and foreign trade, including relevant terms and groupings.

• Business Organisation

  This module describes forms of business organizations, their formation procedures, and functions of business associations.

• Banking and Finance

  This module distinguishes between functions of central, specialized banks, and the stock exchange.

• Transport

  This module describes various forms of transportation and factors determining the mode of transport.

• Insurance

  This module explains the importance of insurance to business and individuals, distinguishing types and basic principles, and analyzing contract procedures.

• Communication

  This module explains the importance of communication, its types, development in Nigeria, and the role of communication agencies.

• Advertising

  This module explains the meaning, role, types, and media of advertising, including consumer protection.

• Business Capital, Profit and Turnover

  This module identifies profit and turnover and explains methods of calculating profit and rate of turnover.

• Legal Aspect of Business

  This module describes areas of law related to business and explains laws guiding buyers and sellers.

• Consumer Protection

  This module explains laws that guide consumers and means of consumer protection.

• Public Relations and Customer Services

  This module defines public relations and explains forms of public relations work and media in an organization.

• Sales Promotion

  This module explains the concept of sales promotions and analyzes different forms it can take.

• Nationalization and Indigenization

  This module explains the meaning, aims, objectives, advantages, and disadvantages of nationalization and indigenization.