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Business Studies JSS 3 Week 3 Topic: Wages and Salaries Contents: Meaning of wages and salaries The roles of wages in office Basic documents in the wages office A. Meaning of wages and salaries Wages It is a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an […]
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Topic: Honesty In Business I Contents: Meaning of truthfulness Attributes of truthfulness Factors that make people to tell lies A. Meaning of Truthfulness The purpose for any business or organization is to make profit. Therefore, for a business to make profit, the employee and the employer need to be faithful and honest to one another.
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Business Studies, JSS 2, Week 5 Topic: The Cash Book Contents Meaning of book keeping Meaning of cash book Rule of cash book Types of cash book Meaning of Contra Entries Meaning of Book keeping Book keeping can be define as the art of recording business transaction . These recordings are done from source documents
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A. Meaning of Office Procedure An office procedure can be defined as the sequence in which certain operations are carried out in respect of what is done. What it is done, how it is done, who does it, when and where it is done in the organization. B. Importance of Office Procedure The importance of
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Business Studies, JSS 1 Week 8 Topic: Consumer, Market and Society Contents: Meaning of a consumer Meaning of a customer Meaning of market Meaning of Society Need for Consumer Education Importance of consumer Education Consequences of lack of Consumer Education Who Is A Consumer? A consumer is a person or group of people who buys
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Business Studies, JSS 1, Week 5 Topic: Forms of Business Organization (Sole Proprietorship) Contents: Meaning of a sole proprietorship Sources of Capital Advantages of sole proprietorship Disadvantages of sole proprietorship Meaning of a Sole proprietorship A Sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that
Meaning of factors of production Factors of Production can be defined as the basic resources or agents used for producing goods and services. Factors of production make it possible for goods to be produced in the required quantity and quality. The factors of production are land, labor, capital and entrepreneur. LAND: The land is a
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Business Studies JSS2 Topic: The Right Attitude to Work Contents: Meaning of attitude Attribute of right attitude to work Consequences of a negative attitude to work A. What Is Attitude? Attitude involves feelings, values, beliefs and disposition that make individuals to act or behave in a certain way. The right attitude to work is the
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Business Studies, JSS 2, Week 1 Topic: National Pension Scheme Contents: Meaning of pension The National pension scheme Objectives of the new contributory pension scheme Advantages and disadvantages of the new contributory pension scheme Meaning of Pension Pension can be defined as a sum of money paid regularly to a person who no longer works
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Business Studies JSS 2 Week 3 Topic: Distribution I Contents: Meaning of Distribution Channels of Distribution Functions of the wholesalers to the Manufacturer Functions of the wholesalers to the Retailer 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
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