Economic Groupings in West Africa
Narrate the history of ECOWAS, NBC, LCBC, WACH, MANO River Basin;
List the member countries.
Explain the objectives of ECOWAS, NBC, LCBe.
Second Tier Securities Market (SSM)
Explain the meaning of Second-tier Market.
Advantages of SSM to companies and investing public;
The operating regulations
Distinguishing between primary and secondary markets.
Differentiating between first-tier securities and second-tier securities markets.
Stock Exchange (SE)
Explain the meaning of Stock Exchange;
State the functionsand importance of the stock exchange;
Describe organizational set-up and procedures at the stock exchange;
Mention the securities (i nstru ments) trade in the capital market;
Explain capital market and methods of raising funds;
Describe the speculators in the stock exchange.
Name bodies that can access the capital market.
History of the Nigerian Capital market
Trace the origin of Nigerian Capital Market.
List (with dates) the evaluation the committees that facilitated the development of the Capital . Market.
Nationalization
Explain Nationalization, commercialization, Indigenization, Privatization
Give reasons for Nationalization, commercialization, Indigenization, Privatization
State the advantages and disadvantages of Nationalization, commercialization, Indigenization, Privatization
Marketing Mix (Place and Promotion)
At the end of the lesson, the student should be able to understand Marketing Mix (Place andPromotion)
Marketing Mix (Product and price)
At the end of this lesson, the student should be able to understand Marketing Mix (Product and price)
Business Environment
At the end of this lesson, student should be able to:.
Deregulation
Explain the term deregulation;
Give the benefits of deregulation.
Privatization
Explain privatization;
Give reasons for privatization;
State the advantages and disadvantages of privatization;
Differentiate between com mercial ization and privatization.
Commercialization
Explain commercialization
Give reasons forN commercialization
State the advantages and disadvantages of commerciaIization
Business Documents
List and describe the various documents used in buying and selling of goods;
Explain trade terms;
State the full meaning of Mthe abbreviations used in trade;
Eumerate# terms of sale;
List and evaluate the various means of payments.
Consumer Protection
Explain the need to protect consumers;
Explain consumerism;
List the instruments for protection;
List the organs or agencies responsible for consumer protection.
Introduction to Marketing
Explain the meaning of marketing;
Discuss the importance and functions of marketing in an economy; ,
Explain the marketing concept and marketing mix;
Classify products;
Describe various pricing policies;
Identify marketing activities associated with place;
Explain the methods of promotion.
Introduction to Business Management
Explain the meaning and objective of business;
Identify business resources;
Define management;
Draw organizational chart of business;
List the departments in a business organization;
State the functions of each department;
State the social responsibilities of business.
Structure of Business
Draw an setorganizational chart showing various positions;
Distinguish between the power of an individual and the power of an office;
Define span of control;
State the importance of inter and intra departmental communications to business;
List the various media of communication.
Business Law
List and explain the branches of commercial law;
Distinguish between rights and duties of the principal and agent;
Describe the rights and obligations of the employer and the employee;
Explain patent, trademark, copyright, etc.
Identify documents required for business establishment.
Capital (ii)
Explain the meaning of capital from the point of view of the accountant, economist and the layman,
List and explain the chalkvarious types of capital;
Describe and calculate the working capital in a given problem.
State the importance of working capital.
Turnover
Explain turnover;
State the importance of turnover;
Calculate the rate of turnover;calculate thepercentage of gross profit to turnover;
Explain the variations in turnover in different types of business.
Profit
Explain the meaning of profit.
State the types of profit;
Calculate gross profit and net profit from a given data;
Calculate the percentage of gross profit or net profit to turnover.