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COMMERCE FORM THREE STUDY NOTES-TOPIC 4: MONEY.

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TOPIC 4: MONEY.  The Historical Background of Money Commerce plays a fundamental role in...
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COMMERCE FORM THREE STUDY NOTES-TOPIC 5: BANKING.

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TOPIC 5: BANKING Historical Background of Banking Banking can be defined as the business activity of accepting...
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COMMERCE FORM TWO STUDY NOTES-TOPIC 1: THE THEORY OF DEMAND

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TOPIC 1: THE THEORY OF DEMAND  Demandis willingness (desire) and the ability to buy a certain quantity of acommodity...
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COMMERCE FORM TWO STUDY NOTES-TOPIC 2: THE THEORY OF SUPPLY.

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TOPIC 2: THE THEORY OF SUPPLY  What Is Supply? In economics, we have two forces: the...
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COMMERCE FORM TWO STUDY NOTES-TOPIC 3: RETAIL TRADE

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TOPIC 3:RETAIL TRADE Retail Trade is the sale of goods in small quantities to consumers. OR is...
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COMMERCE FORM TWO STUDY NOTES-TOPIC 4: WHOLE SALE TRADE

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TOPIC 4: WHOLE SALE TRADE Wholesale trade is a form of trade in which goods are purchased and stored in large...
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COMMERCE FORM ONE STUDY NOTES-TOPIC 2: PRODUCTION.

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TOPIC 2: PRODUCTION. Production-is any activities, which results in the creation of goods and services inorder to satisfy...
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COMMERCE FORM FOUR STUDY NOTES-TOPIC 3: BUSINESS UNITS

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TOPIC 3: BUSINESS UNITS  The Term Business Units A business organisation is one unit of control which is engaged in the production or distribution of any...
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COMMERCE FORM FOUR STUDY NOTES-TOPIC 4: MANAGEMENT AND ORGANIZATION

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TOPIC 4: MANAGEMENT AND ORGANIZATION Management– act of allocating resources to accomplish desired goals and objectives efficiently and effectively....
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COMMERCE FORM THREE STUDY NOTES-TOPIC 6: INTERNATIONAL TRADE.

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TOPIC 6: INTERNATIONAL TRADE.  International trade, economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets...
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COMMERCE FORM THREE STUDY NOTES TOPIC 7: IMPORT TRADE.

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TOPIC 7: IMPORT TRADE. Import trade is the trade that involves buying goods from abroad. Examples of goods in...
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COMMERCE FORM THREE STUDY NOTES TOPIC 8: EXPORT TRADE.

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TOPIC 8: EXPORT TRADE. Export trade Is the selling of goods, materials or services to foreign markets.
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