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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...

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