SS1 Commerce 2nd Term

SS1 Commerce 2nd Term Lesson Note

Announcement for Students in:
SS 1, SS 2 & SS 3, 2nd Term

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Week 1:  

Home Trade

SUB TOPICS:
A. Functions of wholesalers to the manufacturer
B. Functions of wholesalers to retailers
C. Argument against none existence of middle men
D. Argument in support of existence of middle men
E. Meaning of channel of distribution

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define wholesaling trade.
2 Define wholesalers.
3 State and explain the functions of wholesalers to producers.
4 List and explain the functions of wholesalers to retailers.
5 ETC

NEW! Exam Questions. Click on
SS2 Biology 2nd Term to get started.
Week 2:  

Wholesale Trade

SUB TOPICS:
A. Type of wholesales: Merchant wholesalers, Agent middlemen, etc
B. Forwarding and clearing agents
C. Advertising agents
D. Sales agents

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Draw diagram classifying wholesale trade.
2 Mention examples of wholesalers that fall under each classification.
3 ETC

Week 3:  

Foreign Trade

SUB TOPICS:
A. Meaning of foreign trade
B. Types of foreign trade: bi-lateral, multi-lateral, etc
C. Advantages and disadvantages of foreign trade
D. Barriers to foreign trade
E. Divisions of foreign trade
F. Procedures for foreign trade
G. Balance of trade and balance of payment

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define foreign trade.
2 Classify foreign trade.
3 Explain briefly the classification of foreign trade.
4 State the advantages and disadvantages of foreign trade.
5 ETC

Week 4:  

Foreign Trade (CONT'D)

SUB TOPICS:
A. Tariffs and reasons for the imposition of tariff
B. Tools for trade restriction and export promotion
C. Functions of customs and excise duty
D. Nigerian export promotion council
E. Nigerian Airport Authority
F. Nigerian Port Authority

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define tariffs and state reasons for imposing tariff.
2 Mention tolls used as restriction of foreign trade.
3 ETC

Week 5:  

Foreign Trade (CONT'D)

SUB TOPICS:
A. Relevant documents in foreign trade
B. Methods of payment in foreign trade
C. Common terms used in quoting prices in foreign trade

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain briefly the uses of these documents in foreign trade: -shipping note, -insurance certificate, -certification of origin, -ship manifest, -dock receipt, et.
2 Mention and explain means of payment in foreign trade.
3 ETC

Week 6:  

Commodity Exchange

SUB TOPICS:
A. Meaning of commodity and commodity exchange
B. Requirements for tradeing
C. Types of commodity exchange
D. Methods of tradeing
E. Benefits of commodity exchange
F. Constraints of commodity exchange
G. Differences and similarities between commodity and stock

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define commodities and commodities exchange.
2 State some requirement for trading.
3 Mention and explain briefly types of commodity exchange.
4 List the methods of trading.
5 ETC

Week 7:  

Mid Term Revision and Test for SS1 Commerce 2nd Term

Please use a Mobile Phone or Tablet to take the Online Quiz.
You can't take the Online Quiz on a Desktop.
Week 8:  

Partnership

SUB TOPICS:
A. Definition of partnership
B. Types of partnership
C. Types of partners
D. Sources of capital to a partnership business
E. Rights and obligations of partners
F. Advantages and disadvantages of partnership
G. Dissolution of partnership

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define partnership.
2 Describe types of partnership.
3 Give examples of partners.
4 Mention the sources of capital to a partnership business.
5 ETC

Week 9:  

Money

SUB TOPICS:
A. Meaning of money
B. Evolution of money
C. Functions of money
D. Qualities of money
E. Forms of money

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define money.
2 Narrate briefly the evolution of money.
3 ETC

Week 10:  

Money (CONT'D)

SUB TOPICS:
A. Meaning of money
B. Evolution of money
C. Functions of money
D. Qualities of money
E. Forms of money

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Define money.
2 Narrate briefly the evolution of money.
3 ETC

Week 11:  

Evaluation and Online Quiz

For Online Quiz and CBT
Please check WEEK 7 above

Google Classrooms & Reference Textbooks

Other Classes are Listed Below
for Commerce
SS 1 SS 2 SS 3
1st 2nd 3rd 1st 2nd 3rd 1st 2nd 3rd

Scheme of Work by Topic for:
SS1 Commerce 2nd Term
(Ana Arm Technologies)
Home Trade
Wholesale Trade
Foreign Trade
Commodity Exchange
Sole Proprietorship
Partnership
Money
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