COMMERCE A LEVEL(FORM SIX) NOTES – THE BUSINESS OFFICE
THE BUSINESS OFFICEDefinition of an officeAn office is a place, a room or a building where clerical activities of the business are carried out so
COMMERCE A LEVEL(FORM SIX) NOTES – FOREIGN TRADE
FOREIGN TRADEIs the trade which is conducted across the boundary of the country.It includes imports and exports .− Export trade is the selling of goods
COMMERCE A LEVEL(FORM SIX) NOTES – MARKETING
MARKETING This is a place where buyers and sellers meet and exchange will take place. OR Is a relationship that exist between buyers and sellers
COMMERCE A LEVEL(FORM SIX) NOTES – TAXATION
TAXATION – This is a legal transfer of money from the public to government mainly as government revenue.– A TAX is a compulsory contribution made
COMMERCE A LEVEL(FORM SIX) NOTES – CONTRACT OF SALES
CONTRACT OF SALESContractIs an agreement with legal force. It is an agreement which has legal binding nature.An agreement: It is an offer (proposal) by one
COMMERCE A LEVEL(FORM SIX) NOTES – EXPORT TRADE
EXPORT TRADEThis is one of the branches of foreign trade dealing with selling goods, raw materials, or services to foreign countries.It involves two main types:Direct
COMMERCE A LEVEL(FORM SIX) NOTES – BUSINESS UNIT (2)
SHARES OF A COMPANYA share or stock is a unit in which the capital of a company is divided.ORA share is a unit or portion
COMMERCE A LEVEL(FORM SIX) NOTES – IMPORT TRADE
IMPORT TRADEWhat is it?Is the purchase of goods or services from other countries.TYPES OF IMPORTImport trade may be classified into two parts of:Direct import trade.Indirect