Tag: COMMERCE
TOPIC 2: PRODUCTION | COMMERCE FORM 1
Meaning of the Term “Production”
Define the term “Production”
Production-is any activities, which results in the creation of goods and services in order to satisfy human...
TOPIC 1: THE SCOPE OF COMMERCE | COMMERCE FORM 1
The Nature and the Subject Matter of Commerce
Explain the nature and the subject matter of commerce
THE MEANING OF COMMERCE
The scope of commerce means areas...
TOPIC 4: MANAGEMENT AND ORGANIZATION | COMMERCE FORM 4
The Meaning and Importance of Management
Explain the meaning and importance of management
Management
– act of allocating resources to accomplish desired goals and
objectives efficiently and effectively....
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
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 markets....
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...
