1. Commerce
(i) Meaning
(ii) Functions
2. Occupation
(i) Meaning
(ii) Types
(industrial, commercial, and services)
3. Production
(i) Meaning
(ii) Factors,
characteristics, and rewards (land, labour, capital, and entrepreneur)
(iii) Division
of Labour
(iv)
Specialization
(v) Types
(primary, secondary and tertiary)
4. Trade
(a). Home Trade
(i) Retail trade
– types of
retailers
– functions of
retailers
– trends in
retailing (branding, self-service, vending machines, the use of luncheon and
fuel vouchers)
– advantages and
disadvantages of retailers
(ii) Wholesale
trade
– Types of
wholesalers (merchant, agent, and general)
– Functions of
wholesalers
– Advantages and
disadvantages of wholesalers
(b). Foreign
trade
(i) Basic issues
in foreign trade (balance of trade visible and invisible, balance of payments
and counter trade)
(ii) Procedures
and documents used in export, import, and entrepot trade
(iii) Barriers
to international trade.
5. Purchase and
Sales of Goods
(i) Procedure
and documentation (enquiry, quotation, order, invoice, proforma invoice,
statement of accounts, indent, consular invoice, bill of lading, certificate of
origin, consignment note, etc)
(ii) Terms of
trade (trade discount, quantity discount, cash discount, warranties, C.O.D.,
C.I.F., F.O.B., and E.O.E.)
(iii) Terms of
payments
a. Cash – Legal
tender
b. Credit
– Meaning
– Types and
functions
– Merits and
demerits
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6. Aids-to-trade
(a). Advertising
(i) Types and
media
(ii) Advantages
and disadvantages
(b). Banking
(i) Types of
banks
(ii) Services
(iii) Challenges
(c).
Communication
(i) Process
(ii) Types
(iii) Trends
(iv) Merits and
demerits
(v) Barriers
(d). Insurance
(i) Types
(ii) Principles
(iii) Terms
(iv) Benefits
(e). Tourism
(i) Terms
(ii) Benefits
(iii) Challenges
(f).
Transportation
(i) Importance
(ii) Forms/mode
(iii) Advantages
and disadvantages
(iv) Regulatory
agencies
(g). Warehousing
(i) Importance
(ii) Types
(iii) Functions
(iv) Location
7. Business
Units
(i) Forms of
ownership
(ii)
Characteristics/features
(iii)
Registration of businesses
(iv) Business
Mergers
(v)
Determination of choice of business units
(vi) Dissolution
and liquidation of businesses
8. Financing
Business
(i) Sources of
finance (personal savings, sale of shares and bonds, loans, debentures,
mortgage, bank overdraft, ploughing back of profit, credit purchase, leasing
(ii) Problems of
sourcing finance
(iii) Types of
capital (share capital, capital owned, authorized (registered or nominal)
capital, issued capital, called-up capital, paid-up capital, liquid capital,
working capital and owners’ equity)
(iv) Calculation
of forms of capital, profits (gross and net) and turnover
(v) Bureaux de
change
9. Trade
Associations
(i) Objectives
and functions of trade associations (e.g. Cocoa Farmers’ Association, Garri
Sellers’ Association, Poultry Farmers’ Association)
(ii) Objectives
and functions of consumer association (e.g. thrift, credit and loans)
(iii) Objectives
and functions of Chambers of Commerce (e.g. NACCIMA)
10. Money
(i) Evolution
(ii) Forms
(iii)
Qualities/characteristics
(iv) Functions
11. Stock
Exchange
(i) Importance
and functions
(ii) Procedure
of transactions and speculations
(iii) Types of
securities (stocks, shares, bonds, debentures, etc)
(iv) Second-Tier
Securities Market (STSM), listing requirements, types of companies for the
market, advantages and operating regulations of the market.
12. Elements of
Business Management
(i) Functions
(planning, organizing, staffing, coordinating, motivating, communicating and
controlling)
(ii) Principles
(span of control, unity of command, delegation of authority, etc)
(iii)
Organizational structure (line, line and staff, functional, matrix and committee)
(iv) Functional
areas of business (production, marketing, finance and personnel)
13. Elements of
Marketing
(i) Functions
and Importance
(ii) The
marketing concept (consumer orientation, customer satisfaction and integrated
marketing)
(iii) Marketing
mix (product, price, place (distribution and promotion)
(iv) Market
Segmentation
(v) Customer
Service.
14. Legal
Aspects of Business
(i) Meaning and
validity of a simple contract
(ii) Contract
Agency, Sale of Goods Acts and Hire Purchase Act
(iii) Rights and
obligations of employer and employee
(iv) Government
regulations of business – registration of business, patents, trade marks and
copyrights
(v) Consumer
protection – need for, and means of protection (Government legislation, Foods
and Drugs Act, Standards Organization Act, Trade Descriptions Act, Consumer
Association, Consumer Protection Council, NAFDAC, NDLEA, Customs and Excise,
etc.)
15. Information
and Communication Technology (ICT)
(a). Computer
(i)
Appreciation/application
(ii) Types
(iii) Functions
(iv) Advantages
and disadvantages
(v) Challenges
(b). Terms
(Internet, Intranet, browsing, password, e-mail, google, yahoo, search, cyber
café, Local Area Network, etc.)
(c). Activities
(i) e-commerce
(ii) e-banking
(iii) e-business
16. Business Environment
and Social Responsibility
(i) Legal,
political, economic, social, cultural, technological environment, etc
(ii) Safe
products, philanthropic and social environment and societal consideration
(iii) Types of
pollution (water, air and land) and their implications.
JAMB Commerce
Recommended Textbook
Anderson, D. J.
(1978). Commerce for West Africa, London: Macmillan.
Ahukannah, L. I.
names(s)? (1992). Commerce for Secondary Schools
Onitsha:
Africana – First Publishers.
Asaolu, A. and
Igwe, P. M. (2005). New Syllabus Commerce for Secondary Schools
Books 1 – 3
(Second Edition) Ibadan: Evans.
Babatunde, A. H.
(1999). Handbook on Commerce for Schools and College,
(First Edition),
Global Publications.
Eriki, P. O.
(1998). Working with Computer, Benin: Bofic Publishers.
French, C. S.
(2000). Computer Science, (Fifth Edition), Britain: Ashford.
Ibru, G. M.
(2004). Nigeria: The Promise of Tourism, Lagos: G.S.L. Publishing Limited.
Igwe, P. M.
names(s)? (2004). Countdown to WASSCE/SSCE/NECO/JME Commerce, Ibadan: Evans.
James, A. F,
names(s)? (1996). Management, (Sixth Edition), New Delhi: Prentice Hall).
Nwachukwu, C. C.
(1999). Management Theory and Practice, Onitsha: Africana – FIRST Publishers.
Odedokun, M.
Onames(s)? (1999). Commerce for Senior Secondary School, Books 1 – 3, Lagos:
Longman.
Odoom, F. F.
(1998). Commerce for Senior Secondary School, Books 1 – 3, Ibadan: Onibonoje.
Onifade, A.
(2001). Management: Office Business Education, Abeokuta: KAPPCO.
Onifade, A.
(2002). The Computer for Word Processing and Internet, Abeokuta: KAPPCO.
Onu, A. J. C.
(2000). Marketing Today, Abuja: Precious Treasures Ltd.
Pallister, J.
and Isaacs, A. (eds) (2002). A Dictionary of Business (Third Edition), Oxford:
Oxford
University Press.
