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Commerce Lesson Note for Complete SS3 First and Second Term

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SS3 Commerce Scheme of Work for First, Second and Third Term: These lesson notes cover the following topics.

First Term:

Introduction to Business Management
2 Business Management
3 Departments in a Business Organization, Social Responsibilities of a Business
4 Structure of a Business
5 Authority: Span of Control
6 Nationalization
7 Indigenization
8 Privatization
9-10 Economic Groupings in West Africa

Second Term:

1. Introduction to marketing meaning, functions and importance of market.
– Types of market, marketing concept and marketing mix. (4ps)
2. Market Segmentation and types.
– Market research
– Advertising – Meaning, types and methods.
– Advertising, media, merits and demerits of each medium.
– Sales promotion, firms etc.
3. Meaning of Business Document
– Means of payment – Legal tender.
– Through the post office.
4. Privatization and commercialization.
– Meaning of privatization and commercialization.
– Merits and demerits of privatization and commercialization.
– Deregulation-meaning, Advantages and disadvantages.
5. Economic grouping in west Africa.
– Meaning of economic groupings
– ECOWAS- History, member countries, objective, Achievement, problems etc.
– NIGER BASIN COMMISSION (NBC) History, member countries, objectives, Achievements, Problems.
– History, member countries, objectives, Achievements, Problems.
– West Africa Clearing House (WACH)
– History, member countries, Objectives, Achievements, Problems.


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