{"id":3395,"date":"2023-10-05T08:26:40","date_gmt":"2023-10-05T08:26:40","guid":{"rendered":"http:\/\/localhost\/ecole9ja\/?p=3395"},"modified":"2023-10-05T08:27:12","modified_gmt":"2023-10-05T08:27:12","slug":"week-9-and-10-ss2-third-term-commerce-notes","status":"publish","type":"post","link":"https:\/\/ecolebooks.com\/nigeria\/posts\/week-9-and-10-ss2-third-term-commerce-notes\/","title":{"rendered":"Week 9 and 10 – SS2 Third Term Commerce Notes"},"content":{"rendered":"

\u00a0WEEK NINE AND TEN\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Date:\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.
\n<\/strong>TOPIC: COMMUNICATION
\n<\/strong>CONTENT
\n<\/strong><\/p>\n

    \n
  1. Importance of Communication to Commerce\n<\/li>\n
  2. Functions\/Services of NIPOST\n<\/li>\n
  3. Functions\/Services of NITEL\n<\/li>\n
  4. \n
    Services of Courier firms(companies)\n<\/div>\n

    \u00a0NOTES
    \n<\/strong>Communication is the act of sending and receiving message\/information from one person or place to another. Communication could be oral, written or visual.<\/p>\n

    \u00a0IMPORTANCE OF COMMUNICATION TO COMMERCE
    \n<\/strong><\/li>\n

  5. It facilitates contacts between businessmen\n<\/li>\n
  6. It creates awareness for goods and services thereby increasing demand for goods\/sales\n<\/li>\n
  7. It facilitates the settlement of business debts e.g. Mail transfer\n<\/li>\n
  8. The use of wireless makes it possible to control ships, aeroplanes, spacecrafts etc.\n<\/li>\n
  9. It facilitates mail order business\n<\/li>\n
  10. It links the whole world into one economic unit thereby facilitating international trade.\n<\/li>\n
  11. It facilitates the distribution of vital business documents as well as goods\n<\/li>\n
  12. \n
    It reduces the cost and risk in traveling for business transactions\n<\/div>\n

    \u00a0MEANS OF COMMUNICATION
    \n<\/strong>i. Posters ii. Radio iii. Television iv. Letters v.Telephone vi. Telegrams vii. Telex viii. Internet ix. Satellite x. Post office.<\/p>\n

    \u00a0FUNCTIONS\/SERVICES OF NIPOST
    \n<\/strong><\/li>\n

  13. Issuance of postage stamps\n<\/li>\n
  14. Ordinary letter post\n<\/li>\n
  15. Parcel post\n<\/li>\n
  16. Registered Letters\n<\/li>\n
  17. Express Letters\n<\/li>\n
  18. Private boxes (P.O Box) and bags (P.M.B)\n<\/li>\n
  19. Poste Restante\n<\/li>\n
  20. Recorded Delivery\n<\/li>\n
  21. Business Reply Services\n<\/li>\n
  22. Licensing of franking machine.\n<\/li>\n
  23. Free post\n<\/li>\n
  24. Air mail services\n<\/li>\n
  25. Acting as agent of payment\n<\/li>\n
  26. Cash on Delivery (C.O.D) Services\n<\/li>\n
  27. Acts as a savings Bank\n<\/li>\n
  28. \n
    Provision of means of payment e.g. postal orders, money orders etc.\n<\/div>\n

    \u00a0
    \n\u00a0EVALUATION QUESTIONS
    \n<\/strong>1.\u00a0\u00a0\u00a0\u00a0List five services provided by NIPOST.
    \n2.\u00a0\u00a0\u00a0\u00a0State five importance of communication in commerce.<\/p>\n

    \u00a0FUNCTIONS\/SERVICES OF NITEL
    \n<\/strong><\/li>\n

  29. Telephone services\n<\/li>\n
  30. GSM services i.e. through MTEL\n<\/li>\n
  31. Telex Services \u2013 for printed messages sent through machines called teleprinter\n<\/li>\n
  32. Satellite services e.g. for live transmissions of games ,events etc\n<\/li>\n
  33. Data Transmission Services\n<\/li>\n
  34. Provision of Telephone Directories\n<\/li>\n
  35. \n
    Telegram Services\n<\/div>\n

    \u00a0FUNCTIONS\/ADVANTAGES OF COURIER SERVICES
    \n<\/strong><\/li>\n

  36. Fast and safe delivery of mails and parcels\n<\/li>\n
  37. They undertake air cargo and bulky shipments of commodities\n<\/li>\n
  38. They render nationwide (and world wide) services. Services are extended even to rural areas.\n<\/li>\n
  39. Twenty four hour services are provided\n<\/li>\n
  40. Important mails and parcels are insured\n<\/li>\n
  41. Their services are more personal and cordial\n<\/li>\n
  42. \n
    The courier companies provide employment opportunities\n<\/div>\n

    \u00a0Differences between the Courier Services and Post Office Service<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
    \u00a0<\/td>\nCourier services\u00a0<\/td>\nPostal services\u00a0<\/td>\n<\/tr>\n
    1\u00a0<\/td>\nMaterials are usually insured<\/td>\nMaterials are not usually insured\u00a0<\/td>\n<\/tr>\n
    2\u00a0<\/td>\nLoss of goods are low\u00a0<\/td>\nLoss of goods are high\u00a0<\/td>\n<\/tr>\n
    3\u00a0<\/td>\nVery expensive \u00a0<\/td>\nRelatively cheaper\u00a0<\/td>\n<\/tr>\n
    4\u00a0<\/td>\nVery quick, efficient and reliable service\u00a0<\/td>\nVery slow and inefficient service\u00a0<\/td>\n<\/tr>\n
    5\u00a0<\/td>\nLonger hours of services are rendered\u00a0<\/td>\nLess hours of services are rendered<\/td>\n<\/tr>\n
    6\u00a0<\/td>\nNationwide and worldwide coverage\u00a0<\/td>\nLess coverage of activities\u00a0<\/td>\n<\/tr>\n
    7\u00a0<\/td>\nPersonal and cordial relationship with customers\u00a0<\/td>\nLess personal attention is given to customers\u00a0<\/td>\n<\/tr>\n
    8\u00a0<\/td>\nProvide door- to-door service\u00a0<\/td>\nDo not usually door-to-door service<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    \u00a0EVALUATION
    \n<\/strong>1.\u00a0\u00a0\u00a0\u00a0State five functions of a) NIPOST b) NITEL
    \n2.\u00a0\u00a0\u00a0\u00a0List five advantages of courier services over public postal services<\/p>\n

    \u00a0READING ASSIGNMENT
    \n<\/strong>Essential Commerce for SSS by O.A Longe page 222-231<\/p>\n

    \u00a0WEEKEND ASSIGNMENT
    \n<\/strong><\/p>\n

      \n
    1. Mail order firms largely depend on the services of the a) banks b) insurance companies\n<\/li>\n<\/ol>\n

      c) mobile vans d) post office<\/p>\n

        \n
      1. Telecommunication services are provided by a) NITEL b) NIPOST c) courier services d) Bureau De Change\n<\/li>\n
      2. \n
        Which of the following involves the delivery of mails to a traveler without fixed address\n<\/div>\n

        (a) Speed post (b) Reply paid (c) Recorded delivery (d) Poste Restante\n<\/li>\n

      3. The fastest and mot accurate means of passing information is (a) airmail letter (b) express letter (c) telegram (d) telephone\n<\/li>\n
      4. \n
        In which of the following does the number of words used determine the cost of the message\n<\/div>\n

        a) Telephone b) Recorded delivery c) Telex d) Express mail.\n<\/li>\n<\/ol>\n

        \u00a0THEORY
        \n<\/strong>1.\u00a0\u00a0\u00a0\u00a0State three functions of courier companies
        \n2.\u00a0\u00a0\u00a0\u00a0List three importance of communication to commerce<\/p>\n

        \u00a0GENERAL EVALUATION QUESTIONS
        \n<\/strong><\/li>\n

      5. State seven functions of a chamber of commerce\n<\/li>\n
      6. Explain five functions of a trade association\n<\/li>\n
      7. State five problems that a co-operative society may likely face\n<\/li>\n
      8. Explain five importance of working capital to a business\n<\/li>\n
      9. State five factors that can affect the rate of turnover of a company\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

        \u00a0WEEK NINE AND TEN\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Date:\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026. TOPIC: COMMUNICATION CONTENT Importance of Communication to Commerce Functions\/Services of NIPOST…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,270],"tags":[],"class_list":["post-3395","post","type-post","status-publish","format-standard","hentry","category-posts","category-third-term-ss2-commerce"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3395","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=3395"}],"version-history":[{"count":1,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3395\/revisions"}],"predecessor-version":[{"id":3396,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3395\/revisions\/3396"}],"wp:attachment":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/media?parent=3395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/categories?post=3395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/tags?post=3395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}