SS2 Commerce

Commerce for SS2 students. Questions and answers, lesson notes. 1st, 2nd and 3rd term.

Practise for Exam/Quiz

1st term

  1. The development of communication of Nigeria
  2. NIPOST
  3. NITEL
  4. SATELLITE
  5. Courier services and its functions.
  6. Computer appreciations
  7. Computer appreciation-; internet, Facebook, Twitter.
  8. E-mail
  9. Meaning of advertising, roles/importance.
  10. Types of advertising
  11. Methods of advertising
  12. Media of advertising
  13. Advertising media continued
  14. Merits and demerits of advertising
  15. Consumer protection in advertising
  16. Factors affecting choices of advertising.
  17. Factors affecting choices of advertising
  18. Tourism
  19. Tourist centers in Nigeria
  20. Insurance
  21. Basic principles of insurance
  22. Types of insurance
  23. Non-life insurance;
  24. Accident, consequential loss insurance.
  25. Marine insurance policies
  26. Marine losses
  27. Types of insurance risks
  28. Procedures for insurance contract
  29. Role of insurance broker and agents.
  30. Importance of insurance to business.

2nd term

  1. Nigerian traditional means of communication
  2. Meaning, origin and types of banking
  3. Commercial bank
  4. Types of bank account,
  5. Current accounts
  6. Types of cheque
  7. Crossed cheque
  8. Reasons for dishonouring cheques.
  9. Automated payments
  10. Computer and the bank
  11. Meaning, origin and functions of central bank.
  12. How central bank controls commercial banks
  13. Roles of central bank in economic development of West Africa.
  14. Differences between central bank and commercial bank.
  15. Specialized banks
  16. Mortgage bank
  17. Building societies
  18. Universal banks
  19. Warehousing
  20. Importance and functions of warehousing
  21. Advantages and disadvantages of warehousing.
  22. Types of capital
  23. Working capital

3rd term

  1. Credit sales
  2. Types of credit sales
  3. Differences and similarities between hire purchase and deferred payment
  4. Functions of credit to the wholesaler and retailer.
  5. Credit instrument
  6. Functions of credits to retailer and wholesalers.
  7. Problems facing users of credit
  8. Profit
  9. Calculation of gross and net profit to turnover.
  10. Turnover
  11. Variation in turnover in different types of business.
  12. Business law
  13. Law of contract
  14. Types of misrepresentation mistakes.
  15. Types of contracts
  16. Termination of a contract and remedies for breach of contract.
  17. Sales of goods act
  18. Principle of agency
  19. Rights and obligation of employer and employees.
  20. Government regulations of business
  21. Organizational setup
  22. Concepts of organizational structure
  23. Advantages and disadvantages of delegation of power/authority.
  24. Inter-intra-departmental communication,
  25. Importance of inter and intra-departmental communication.
  26. Various media of communication.
  27. Meaning of business and management.
  28. Business resources
  29. Business objectives.
  30. Departments, departmentalization, function and its environment.
  31. Responsibilities of business
  32. Responsibilities to community, government, shareholders and employee.
  33. Introduction to marketing
  34. Marketing concept and marketing mix.
  35. Price mix
  36. Methods of promotion.