COMMERCE FORM 5 – SCOPE OF COMMERCE
SCOPE OF COMMERCEGeneral introduction The concept of commerceThe word commerce originates from two Latin words(i) “CUM” which means with(ii) “MERX” which means “MERCHANDISE”The term refers
COMMERCE FORM 5 – WHOLESALE TRADE
WHOLESALE TRADE WHOLESALE TRADEThis is the trade which involves the buying of goods in large quantities from a manufacture and selling them to the other
COMMERCE As LEVEL(FORM FIVE) NOTES – TRANSPORT AND COMMUNICATION
TRANSPORT AND COMMUNICATIONA. TRANSPORTATION − means the process whereby the passengers and goods are moved from one place to another place. − Transport is one
COMMERCE As LEVEL(FORM FIVE) NOTES – RETAIL TRADE
RETAIL TRADEIntroductionThe word retail comes from a French word meaning to cut a big lot into small lots. It describes the most important function of
COMMERCE As LEVEL(FORM FIVE) NOTES – PRODUCTION
PRODUCTION This is the process of making goods or rendering services for the satisfaction of human wants e.g. process of changing the goat skin into
COMMERCE As LEVEL(FORM FIVE) NOTES – MONEY AND BANKING
MONEY AND BANKINGMoney is a medium of exchange or money is anything which is generally accepted in the settlement of debts and other obligations. WHY
COMMERCE As LEVEL(FORM FIVE) NOTES – ADVERTISING
ADVERTISING(a) − Advertising is the process of spreading information to customers about the availability of a product, persuading them to buy. It is both informative
COMMERCE FORM 5 – STOCK EXCHANGE
STOCK EXCHANGEWhat is stock exchange?This is the market where already issued securities like shares, bonds, and stocks can be bought and sold. Examples include DSE,