Business Studies JSS 2 Week 7 Topic: Insurance I Contents: Meaning of Insurance Principles of Insurance A. Meaning of Insurance Insurance can be defined as the process whereby there is protection against any risk that may terminate life or destroy the business or individual property. Loss of damage to property may arise from accident, theft,
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Business Studies JSS 2 Week 7 Topic: Insurance Contents: Meaning of Insurance Principles of Insurance Types of Insurance Importance of Insurance A. Meaning of Insurance Insurance can be defined as the process whereby there is protection against any risk that may terminate life or destroy the business or individual property. Loss of damage to property
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Business Studies JSS3 Week 7 Topic: Office Equipment II Contents Uses of office equipment Care of office equipment The importance and advantages of office equipment A. Uses of Office Equipment 1. Computer: A computer is an electronic device that is capable of accepting data or information in a prescribed process or format and presents them
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Preparation and Acceptance of Bill and Invoice Once an order is received, it immediately goes to the sales office personnel who records the detail, fills in missing details and completes calculations. When all vitals are assembled, a customers’ bill or invoice is made out. There are various mechanised procedures used in spreading up the preparation
Business Studies Jss 2 Topic: Distribution I 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
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Business Studies, JSS 2, Week 3 Topic: Ledger Entries Content Meaning of a ledger Items on a ledger Classification of a ledger Record cash transaction Meaning of a ledger A ledger can be defined as an important book of account in which all accounts are recorded . It contains account of individuals, account of properties
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Business Studies Jss 1 Week 5 Topic: Occupation I Contents: Meaning of Occupation Classification of Occupation A. Occupation An Occupation can simply be defined as a business, trade or profession which occupies a person’s time either permanently or temporarily in other to earn a living. Occupation is any activity a person does to earn a
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Business Studies Jss 2 Week 2 Topic: Market II Contents: Methods of buying and selling Procedures for buying and selling For previous note on Market, visit: https://passnownow.com/namaste-lesson/market/ 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
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Business Studies Jss 1 Week 2 Topic: Division of Commerce Contents: Trade Division of Trade Differences between Home trade and Foreign trade A. Meaning of Trade Trade is the act of buying and selling and exchange of goods and services. It is the major part of commerce. B. Division of Trade Trade can be divided
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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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