{"id":313,"date":"2023-09-25T10:59:02","date_gmt":"2023-09-25T10:59:02","guid":{"rendered":"http:\/\/localhost\/ecole9ja\/?p=313"},"modified":"2023-09-25T11:05:51","modified_gmt":"2023-09-25T11:05:51","slug":"week-1-jss-1-second-term-business-studies-lesson-notes","status":"publish","type":"post","link":"https:\/\/ecolebooks.com\/nigeria\/posts\/week-1-jss-1-second-term-business-studies-lesson-notes\/","title":{"rendered":"Week 1 – Jss 1 Second Term Business Studies Lesson Notes"},"content":{"rendered":"

SIGMA TERM SCHEME OF WORK FOR JSS1
\n<\/strong>BUSINESS STUDIES
\n<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
WEEKS<\/strong><\/td>\nTOPICS<\/strong><\/td>\n<\/tr>\n
1<\/td>\nRevision\/Production<\/td>\n<\/tr>\n
2<\/td>\nFactors of Production<\/td>\n<\/tr>\n
3<\/td>\nEntrepreneurship<\/td>\n<\/tr>\n
4<\/td>\nImportance of Entrepreneurship<\/td>\n<\/tr>\n
5<\/td>\nForm of Business organisation <\/p>\n
    \n
  • Sole proprietorship\n<\/li>\n
  • Partnership<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
6<\/td>\nPublic corporation <\/p>\n
    \n
  • Co-operative society <\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
7<\/td>\nLimited Liability Company <\/p>\n
    \n
  • Public Limited Liability Company\n<\/li>\n
  • Private Limited Liability Company<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
8<\/td>\nConsumer and society <\/p>\n
    \n
  • Consumer \u2013 market \u2013 society <\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
9.<\/td>\nNeed for monitoring and control of chemicals<\/td>\n<\/tr>\n
10<\/td>\nIntroduction of Book \u2013 Keeping <\/td>\n<\/tr>\n
11<\/td>\nREVISION<\/td>\n<\/tr>\n
12<\/td>\nEXAMINATION<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u00a0
\n\u00a0WEEK ONE
\n<\/strong>TOPIC: PRODUCTION
\n<\/strong>Production is the transformation\/changing or conversion of raw matterials into finished goods. It is the changing of natural resources or raw materials into finished goods, exchange and distributed in order to satisfy human wants.
\nIn other words, it is the creation of goods and service. Production is not complete until the goods reach the final consumers.
\nTypes of production<\/p>\n

    \n
  1. Primary or extractive production\n<\/li>\n
  2. Secondary or manufacturing production\n<\/li>\n
  3. Tertiary production\n<\/li>\n<\/ol>\n

    Primary or extractive production
    \n<\/strong>This is the first or early stage of production that involves bringing raw materials\/natural resources from the soil, sea and forest e.g farming, hunting, lumbering, mining, etc
    \nSecondary or manufacturing production
    \n<\/strong>This is the secondary stage of production, raw materials extracted are changed\/transformed into finished goods. It involves manufacturing and construction e.g. processed foods, textile industry, road\/bridge construction, building cars, etc
    \nTertiary Production
    \n<\/strong>At this stage, goods produced are distributed to the people for consumption. The people involves are wholesalers, retailers, exporters, transporters both professional and commercial services.
    \nEffects of production on the Government and Society
    \nThe effects of production on any society will either be positive or negative.
    \nPositive Effects<\/p>\n

      \n
    1. It makes goods and services available for people.\n<\/li>\n
    2. It helps to develop the society\n<\/li>\n
    3. It improves the standard of living of the people.\n<\/li>\n
    4. It helps in creating employment opportunities.\n<\/li>\n
    5. It helps people to acquire special skills.\n<\/li>\n<\/ol>\n

      Negative Effects<\/p>\n

        \n
      1. It brings about environmental pollution such as noise and smoke, etc\n<\/li>\n
      2. It pollutes the land, e.g lack of proper disposal of waste products such as pure water sachet.\n<\/li>\n<\/ol>\n

        ASSIGNMENT<\/p>\n

          \n
        1. What is production?\n<\/li>\n
        2. What are the effects of production on the society.\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

          SIGMA TERM SCHEME OF WORK FOR JSS1 BUSINESS STUDIES WEEKS TOPICS 1 Revision\/Production 2 Factors…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,62],"tags":[],"class_list":["post-313","post","type-post","status-publish","format-standard","hentry","category-posts","category-second-term-jss1-business-studies"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/comments?post=313"}],"version-history":[{"count":1,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/313\/revisions"}],"predecessor-version":[{"id":314,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/313\/revisions\/314"}],"wp:attachment":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/media?parent=313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/categories?post=313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/tags?post=313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}