SS2 Commerce Lesson Notes1st term 1. The development of communication of Nigeria 2. NIPOST3. NITEL4. SATELLITE5. Courier services and its functions.6. Computer appreciations7. Computer appreciation-; internet, Facebook, Twitter.8. E-mail9. Media of advertising10. Meaning of advertising, roles/importance.11. Media of advertising continued12. Types of advertising13. Merits and demerits of advertising14. Methods of advertising15. Consumer protection in advertising16. Factors affecting choice of advertising 17. Tourism18. Tourist centers in Nigeria19. Insurance 20. Basic principles of insurance21. Types of insurance;22. Non-life insurance;23. Accident, consequential loss insurance.24. Marine insurance policies25. Marine losses26. Types of insurance risks27. Procedures for insurance contract28. Role of insurance broker and agents.29. Importance of insurance to business.2nd term1. Nigerian traditional means of communication2. Meaning, origin and types of banking 3. Commercial bank4. Types of bank account5. Current accounts6. Types of cheque7. Crossed cheque- 8. Reasons for dishonouring cheques.9. Automated payments 10. Computer and the bank11. Meaning, origin and functions of central bank.12. How central bank controls commercial banks13. Roles of central bank in economic development of West Africa.14. Differences between central bank and commercial bank.15. Specialized banks16. Mortgage bank17. Building societies18. Universal banks19. Warehousing 20. Importance and functions of warehousing 21. Advantages and disadvantages of warehousing.22. Types of capital 23. Working capital3rd term1. Credit sales2. Types of credit sales 3. Differences and similarities between hire purchase and deferred payment4. Functions of credit to the wholesaler and retailer.5. Credit instrument6. Functions of credits to retailer and wholesalers.7. Problems facing users of credit8. Profit9. Calculation of gross and net profit to turnover.10. Turnover 11. Variation in turnover in different types of business.12. Business law13. Law of contract14. Types of misrepresentation mistakes.15. Types of contracts16. Termination of a contract and remedies for breach of contract.17. Sales of goods act18. Principle of agency 19. Rights and obligation of employer and employees.20. Government regulations of business21. Organizational setup22. Concepts of organizational structure23. Concepts of organizational structure24. Advantages and disadvantages of delegation of power/authority.25. Inter-intra-departmental communication26. Importance of inter and intra-departmental communication.27. Importance of inter and intra-departmental communication.28. Various media of communication.29. Meaning of business and management.30. Business resources31. Business objectives.32. Departments, departmentalization, function and its environment.33. Responsibilities of business34. Responsibilities to community, government, shareholders and employee.35. Introduction to marketing36. Marketing concept and marketing mix.37. Price mix 38. Methods of promotion.