SS1 Commerce

Differences between Commodities and Stocks i) Stocks represent ownership in a company, not a commodity:When you buy stocks, you become a part-owner of a…

Possible Examination Questions Term: Second Class: SS1 Multiple Choice Questions What is an incorrect statement about bilateral trade?

First Term Week 4 Subject: Commerce Class: SS1 Topic: Production Instructional Materials: Illustrate with a diagram Content: Meaning of Production…

Meaning of Trade Trade involves the buying and selling of goods and services.

Factors of Production Factors of production refer to the essential resources used in producing goods and services.

Large Scale Retail Trade As discussed previously, large scale retail trade involves businesses, that cater to a wider range of consumers, through different…

Co-operative societies are businesses jointly owned and managed by individuals who unite to pursue a shared objective.

Co-operative societies are a voluntary association of individuals who come together to meet their common economic, social, or cultural needs through a…

Limited liability companies are legal entities or artificial persons formed by a group of individuals in accordance with the law to achieve a specific…

Third Term Week 6 Subject: Commerce Class: SS1 Topic: Limited Liability Companies 2 (Sources of capital and liquidation) Instructional Materials:…