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2022 Business studies Lesson Note for First Term JSS 2

Business Studies Lesson Notes

 Lesson Notes on Business Studies JSS 2 First Term 

WEEK 1&2 THE RECEPTION OFFICE

WEEK 3 OFFICE CORRESPONDENCE

WEEK 4 OFFICE DOCUMENTS

WEERK 5 THE RIGHT ATTITUDE TO WORK

WEEK 6 TRADE

WEEK  7 MARKET

WEEK 8 BUYING AND SELLING

WEEK 9 DISTRIBUTION

WEEK 10 BANK SERVICES

WEEK 11 CUSTOM AND EXCISE DUTIES IN FOREIGN TRADE

Lesson note on business studies for jss2

Below are the 2022 business studies lesson notes for jss2 First  term

Week 1 & 2

Topic: The Reception Office

A. Meaning of a Receptionist

A receptionist is employed to receive and assist visitors in an organization.

A receptionist receives messages from visitors and directs them to different offices in an organization. a receptionist gives the first impression about an organization.

receptionist is an employee taking office/administrative support positions. The work is usually performed in a waiting area such as a lobby or front office desk of an organization or business. To learn more, click here 

Week 3

Topic: Office Correspondence I

A. Meaning of Correspondence

For every organization, there must be incoming and outgoing mail. Letters that come into the organization or company are referred to as incoming mail while those going out are coming as outgoing mail. The volume of the incoming and outgoing mails depend on

  1. The size of the organization
  2. The nature of the business

The incoming and outgoing mails should be handled promptly and efficiently. The success of a company depends on how properly its mail is dealt with. To learn more, click here 

 

Week 4

Topic: Office Documents

A. Meaning of office documents

Office documents are the books kept to show records of sales and purchases a company or organization makes.

Sales and purchases are made in business organizations so therefore those working in the company should keep proper records on the sales and purchases made in the organization. To learn more, click here 

Week 5

Topic: The Right Attitude to Work

A. What Is Attitude?

Attitude involves feelings, values, beliefs and dispositions that make individuals act or behave in a certain way.

The right attitude to work is the ability to carry out our working duties with the appropriate mind and work towards the growth of the organization. To learn more, click here 

Week 6

Topic: Trade

Contents:

  • Meaning of Trade
  • Importance of Trade
  • Forms of trade

A. Meaning of Trade

Trade can be defined as the act of buying and selling of goods and services. Trade involves two set of people which are the buyer and the seller of goods and services.

Trade involves the exchange of goods and services between a seller and a buyer. The exchange is always at an agreed price and within a period of time. To learn more, click here 

Week 8

Topic: Market I

Contents:

  • Meaning of Markets
  • Factors To be considered before establishing a Market
  • Types of Markets

A. Meaning of Market

A market is a place where buyers and sellers are in contact with one another for the purpose of buying and selling.

Markets advertise or promote (something). A market is a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities. It is an area or arena in which commercial dealings are conducted.

A market is a means by which buyers and sellers are brought into contact with one another for the purpose of buying and selling.

Examples of markets are the local markets with stalls, covered markets, shops and shopping malls, and complexes which are located in big towns. Such markets include Agege market at Lagos, Gbagi market at Ibadan, etc. To learn more, click here 

Week 9

Topic: Buying and Selling

Contents:

  • Methods of buying and selling
  • Procedures for buying and selling

A. Methods of buying and selling

Buying can be defined as the possessing or acquisition of goods by paying a certain amount of money as price for the goods. Sellers carry their goods to the market to sell and the buyers go to the market with money to exchange for goods they need. In order to exchange money for goods, a price has to be negotiated. The buyer will like to exchange is money for goods he needs and the seller is willing to part his goods in exchange for money. Methods of buying are:To learn more, click here 

Week 10

Topic: Distribution 

Contents:

  • Meaning of Distribution
  • Channels of Distribution

A. Meaning of Distribution

It is the action of sharing something out among a number of recipients. It is the way in which something is shared out among a group or spread over an area. It is the action or process of supplying goods to stores and other businesses that sell to consumers. To learn more, click here 

Week 11

Topic: Bank Services I

A. Meaning of Bank

Money can also be borrowed from the banks for business activities or for personal use. Banks play an important role in buying, selling and distribution activities in the economy. It is an aid to trade To learn more, click here 

B. Types of Banks

There are different kinds of banks in Nigeria. They include

Central Bank of Nigeria (CBN): The CBN is the government bank and it acts as the banker to other banks.

Distribution is the process of moving a product that has been produced from the producer to the final consumer. The process of distribution is then called the channel of distribution.

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