COMMERCE

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COMMERCE FORM FOUR NOTES ALL TOPICS

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...
COMMERCE FORM FOUR NOTES ALL TOPICS

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...
COMMERCE FORM FOUR NOTES ALL TOPICS

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...
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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...
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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....
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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...
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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...
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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...
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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...
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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...

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