🛒 Commerce
📘 Commerce study notes for every topic ›
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Introduction to commerce
meaning, scope and history of commerce
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Occupation
industrial, commercial and service occupations
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Production
factors of production · division of labour and specialisation
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Home trade: retail trade
types of retailers · functions · modern trends
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Home trade: wholesale trade
functions of wholesalers · elimination of the middleman
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Foreign trade
import and export procedures · documents · balance of trade
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Purchase and sale documents
enquiry, quotation, order, invoice, credit note · terms of payment
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Advertising
types, media and merits of advertising
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Banking
types of banks · services · central bank functions
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Insurance
principles of insurance · types of policies · claims
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Transport
modes of transport · advantages and disadvantages
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Communication
postal, telecommunication and electronic services
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Warehousing
types and functions of warehouses
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Business units
sole trader, partnership, limited companies · formation and dissolution
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Cooperative societies
types, features and benefits
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Sources of business finance
capital, shares, debentures and loans
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Stock exchange
functions · securities · Nigerian Exchange
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Trade associations and chambers of commerce
roles and functions
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Consumer protection
consumer rights · agencies such as SON and NAFDAC
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Government and business
regulation · privatisation and commercialisation
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Information technology and e-commerce
computers in business · online payments
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Business management
functions of management · organisation structures
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Marketing
marketing mix · market research · product life cycle
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Legal aspects of business
contract, agency, sale of goods and hire purchase
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ⓘ Practice questions written by Sabipage AI from the JAMB syllabus. Not official JAMB questions.