1. First term scheme of work SS1
Commerce

2. wk
Topic
Content 1
Introduction to commerce
Meaning ,scope, functions,e-commerce 2
History of commerce
Historical background, factors affecting the growth of commerce, barter system 3
Occupation
Meaning, classification, factors that determine type of occupation and employment 4
Production division of labour and specialisation
Meaning, classification 5
Trade
Meaning, types, and relationship between the different types of trade 6.
Home trade
Meaning, types, characteristics, functions of retail trade, factors to consider in setting up a retail trade 7
Home trade contd
Large scale retail trade ,types , modern trends in retailing, features 8
Wholesale trade
Meaning, channels of distribution, functions of wholesalers, types of agents, documents used in home trade

3. Introduction to commerce
Commerce is the buying, selling and distribution of goods and services to satisfy human wants.
SCOPE: commerce is divided into trade and aids to trade.

4. TRADE Trade is divided into home trade and foreign trade.
Home trade; is the buying and selling of goods and services within a country. It is divided into wholesale and retail trade
Foreign trade is the buying and selling of goods and services between two or more countries .it is divided into export, import and entrepot.

5. Aids to Trade
Aids to trade: are the activities that make buying and selling easier. They are also called ancillaries to trade. They include: advertising, banking, communication, insurance, tourism, warehousing, transportation

6. Provision of employment Warehousing of goods
FUNCTIONS OF COMMERCE
Provision of employment
Warehousing of goods
Exchange of goods and services
Improvement in the standard of living
Provision of assistance to trade
Leads to interdependence

7. Promotes rapid transfer of information
Transportation function
Facilitates international co- operation
Risk bearing
Economic growth and development
Mass production of goods

8. ELECTRONIC COMMERCE ( E- COMMERCE)
This is the process of buying, selling, and marketing of goods and services over the internet.
FORMS OF E – COMMERCE
E- retailing
Market data gathering through web
Electronic data interchange
E- mail and fax
Business to business contact through web

9. With the aid of a diagram, illustrate the scope of commerce.
ASSIGNMENT
With the aid of a diagram, illustrate the scope of commerce.