1 / 9

Commerce

Commerce. First term scheme of work SS1. 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. TRADE. Trade is divided into home trade and foreign trade.

kendall-sutton
Download Presentation

Commerce

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Commerce First term scheme of work SS1

  2. 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.

  3. 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.

  4. 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

  5. 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

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

  7. 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

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

More Related