Complete JSS1 Business Studies Lesson Note

Description

These lesson notes cover the following topics for JSS1 First, Second and Third Term Business Studies:

FIRST TERM

1                     Introduction to Business Studies

2                     The Office

3                     Office Staff

4-5                 Right Attitude to Work

6                     Different Departments  in an Organization

Occupation

7                     Introduction to Commerce

8                     Division of Commerce

9                     Production

10-11             Revision

SECOND TERM

1. Production – Meaning of Production, Types of production: industry – Extractive manufacturing and constructive industry. Commerce- Trade, Aids to Trade, Services. Effects of Production on the Environment/Society
2. Factors of production: land, labour, capital, entrepreneur and importance of each.
3. Forms of business organization: Types of business organization – Sole Trade/sole proprietorship, partnership, limited liability companies, cooperative society, advantages and disadvantages of each forms of business organization
4. Relationship between producers and consumers.

5. Insurance: advantages and disadvantages of insurance

6. Methods of Buying: sample method, inspection method, description method, auction method.

7. Trade: Meaning, Home and foreign trade, visible import and export, invisible import and export.
8. Double entry bookkeeping: meaning of double entry, double entry treatment of asset, double entry treatment of liability, double entry treatment of expenses, meaning of journals, types of journals, meaning of ledgers, classes of ledger, classification of accounts: real, personal and impersonal

9 Revision
10, Revision
11 – 12 Examination

THIRD TERM

1	CONSUMER MARKET AND SOCIETY	1. Meaning of a consumer 2. Meaning of a customer 3. Meaning of market 4. Meaning of Society 5. Need for Consumer Education 6. Importance of consumer Education 7. Consequences of lack of Consumer Education
2	NEED FOR MONITORING AND CONTROL OF CHEMICALS	1. Explain the meaning of chemicals 2. Distinguish between chemical suitable for use and those not suitable for use 3. Explain the need for monitoring and controlling chemical suitable for use and those not suitable for use 4. List chemicals suitable for use 5. List chemicals not suitable for use
3	INTRODUTION TO BOOK-KEEPING	1. state the meaning of book-keeping 2.explain the importance of book-keeping 3.identify qualities of a book-keeper…..