Commodity Exchange

Explaining the term commodity.
Mentioning the types of tradable commodities.
Explaining the term commodity exchange.
Explaining the term tradable commodity.
Stating the requirement for trading.
Stating the methods of trading.
Stating the benefits of commodity exchange.
Identifying the major constraint to commodity trading in Nigeria.
Differentiating between commodities and stocks.
Similarities between commodities and stocks.

Foreign Trade (International)

Explain the meaning of foreign trade;
List types of foreign trade;
List qdvantages and disadvantages of foreign trade;
State the barriers of foreign trade;
Differentiate between;
– export,
– import and
– entrepot;
Differentiate between balance of trade and balance of payment;
Similarities between foreign trade and home trade.
Necessary documentation of foreign trade: mail transfer, documentary credit, letter of hypothecate, foreign bill of exchange, . travelers cheque, telegraphic transfer, etc.
Functions of customs and exercise,
Nigerian Export Promotion Council,
Nigerian Airport Authority and
Nigerian Ports Authority.

Home Trade

Identifying component of trade.
Stating the functions of . the retailer to consumer.
Explaining the factors to be considered in setting up a retail trade.
Classifying retail activities into small scale and large scale.
The organizational setup of each type of retail trade.
The selfrole of the wholesaler in the chains of distribution.
Functions of the wholesaler, retailer, and producer.
The necessary documents used in home trade.

Trade

Identifying the different types of trade;
Describing the relationship among the different types of trade.

Home Trade Ii

At the end of this lesson, the students should be able to understand Home Trade

Consumer Behaviour 2

At the end of this lesson, the students should be able to understand Consumer Behaviour

Foreign Trade Document

At the end of this lesson, the students should be able to understand Foreign Trade Document

Home Trade 2

At the end of this lesson, the students should be able to understand Home Trade

Home Trade 3

At the end of this lesson, the students should be able to understand Home Trade

Factors of Production

At the end of this lesson, the students should be able to understand the Factors of Production

Production (I)

At the end of the lesson, the student should be able to understand Production

Production (II)

At the end of the lesson, the student should be able to understand Production

Introduction to Commerce: E-Commerce

Define Electronic Commerce (E-Commerce)
List products for electronic commerce
List how e-commerce will affect business
List factors that contribute to the growth of commerce

Production, Division of Labour, Specialization and Exchange

Defining:
– Production and
– Division of labour
– Specialization
– Exchange.
Classifying production.
Listing factors of production.
Explaining the interrelationship among: production division of labour specialization exchange.

Occupation

Defining occupation.
Classifying occupation.
Differentiate between Commercial and Industrial occupations.
List factors affecting employment.