COMMERCE
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TOPIC 3: BUSINESS UNITS | COMMERCE FORM 4
The Term Business Units
Explain the term business units
A business organisation is one unit of control which is engaged in the production or distribution of...
TOPIC 2: INSURANCE | COMMERCE FORM 4
The Meaning of Insurence
Define Insurance
Insurance:
is an agreement in which a person makes regular payments to a company and the company promises to pay money...
TOPIC 1: TAXATION | COMMERCE FORM 4
Meaning of Taxation
Taxation refers
to the practice of government collecting money from its citizens to pay
for public services. or A means by which governments finance their
expenditure...
TOPIC 8: EXPORT TRADE | COMMERCE FORM 3
EXPORT TRADE
The Meaning and Importance of Export Trade
Explain the meaning and importance of export trade
Is the selling of goods, materials or services to foreign...
TOPIC 7: IMPORT TRADE | COMMERCE FORM 3
The Meaning of Importance of Import Trade
Explain the meaning and importance of import trade
Import trade is the trade that involves buying goods from abroad....
TOPIC 6: INTERNATIONAL TRADE | COMMERCE FORM 3
The Meaning of International Trade
Explain the meaning of international trade
International trade, economic transactions that are made between countries. Among the items commonly traded are consumer...
TOPIC 5: BANKING | COMMERCE FORM 3
Historical Background of Banking
Explain the historical background of banking
Banking can be defined as the business activity of accepting and safeguarding money owned by other...
TOPIC 4: MONEY | COMMERCE FORM 3
The Historical Background of Money
Explain the historical background of money
Commerce plays a fundamental role in the satisfaction of human wants.
In primitive societies, the producers...
TOPIC 3: MARKETING | COMMERCE FORM 3
Meaning of the Term Market from “Marketing”
Define the term “market” from “marketing”
Marketing are activities of a company associated with buying and selling a product...
TOPIC 2: COMMUNICATION | COMMERCE FORM 3
Communication
Mining of the Term Communication
Define the term communication
Communication is the transmission of information from one point or person to another point or person. Involves...
