1. COMMERCE
SS 1 WEEK 3

2. OCCUPATION
Meaning of occupation

3. Occupation is an activity or business people engage in so as to earn a lawful living e.g teaching, trading, fishing, farming, carpentry e.t.c.

4. Types of occupation
There are various kinds of occupations but they can be grouped into three major groups;
Industrial occupation
Commercial occupation
services

5. Industrial occupation
These are activities concerned with obtaining raw materials and turning them into finished products. Industrial activities are divided into three, namely;
Extractive
Manufacturing
construction

6. Extractive occupation : this is concerned with tapping the raw material from the land. Examples of occupation under here are fishing, quarrying, mining
Manufacturing industry: This has to do with changing of raw materials into finished products e.g limestone into cement.
Construction industry: This is the assembling of manufactured products into forms that can satisfy human wants.

7. Commercial occupation
This includes all activities concerned with the buying, selling and distribution of goods and services e.g advertising (advertisers), transportation (transporters), importers, bankers, traders e.t.c

8. Service
This involves occupations that provide personal and indirect services to the people. We have two types of service:
Direct service: Here the employees render their services to their employers who pay for such services e.g cooks, barbers, gardeners, taxi drivers
Indirect service: are services rendered to the public but the government pays for such services e.g civil servants

9. Career opportunities in commerce
These are the various professions that are available for students of commerce. The following are the career opportunities open to commercial students
Teaching at all levels
Career in the civil service
Trading
Insurance

10. Marketing
Management
Banking
Accounting e.t.c

11. Factors that determine choice of occupation
Geographical location
Education and training
Job conditions (salary and wages )
Government policies
Availability of large market
Interest and skills
Other factors include: sex type, industrial hazard, religion, risks involved in the performance of some occupation e.t.c

12. Assignment
List and explain FIVE (5) commercial occupations and THREE (3) industrial occupations