Commerce O Level Notes
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-four-insurance_5202.png)
COMMERCE O LEVEL(FORM FOUR) NOTES – INSURANCE
- By ecadmin
- . September 30, 2023
INSURANCEDEFINITIONIs a contract whereby one party called the Insured (Person taking out Insurance) agrees to pay the sum of money to another party called the
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-two-retail-trade_732.png)
COMMERCE O LEVEL(FORM TWO) NOTES – RETAIL TRADE
- By ecadmin
- . September 30, 2023
RETAIL TRADEDefinition;-Retail trade is a type of trade which involves buying goods from wholesalers or manufacturers in large quantities and selling them in reasonable quantities
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/commerce-o-levelform-three-notes-marketing.png)
COMMERCE O LEVEL(FORM THREE) NOTES – MARKETING
- By ecadmin
- . September 30, 2023
MARKETING When goods are produced and are ready for use, the producers must get the people who need the goods. There is need to transport
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-two-warehousing-management_5206.png)
COMMERCE O LEVEL(FORM TWO) NOTES – WAREHOUSING MANAGEMENT
- By ecadmin
- . September 30, 2023
WAREHOUSING MANAGEMENTWarehousing : comes from the word warehouse, A warehouse is a large building especially made for storage of goods for future use and protect
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-three-international-trade_5204.png)
COMMERCE O LEVEL(FORM THREE) NOTES – INTERNATIONAL TRADE
- By ecadmin
- . September 30, 2023
INTERNATIONAL TRADEInternational trade or foreign trade is the buying and selling of goods and services outside the countries which means importing and exporting of goods
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-three-advertising_334.png)
COMMERCE O LEVEL(FORM THREE) NOTES – ADVERTISING
- By ecadmin
- . September 30, 2023
ADVERTISINGWhen a Company launches new products, the existence of such products in the market. This is enhanced through a process known as Advertising.Advertising Is the
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/commerce-o-levelform-four-business-units_5200.png)
COMMERCE O LEVEL(FORM FOUR) NOTES – BUSINESS UNITS
- By ecadmin
- . September 30, 2023
BUSINESS UNITS DefinitionIs an organization or firm that deals in the production or distribution of commodities usually for the purpose of making profit. It may
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/commerce-o-levelform-three-notes-transport-400x400.jpg)
COMMERCE O LEVEL(FORM THREE) NOTES – TRANSPORT
- By ecadmin
- . September 30, 2023
TRANSPORT Is the physical movement of people, goods and service from one place to another.ELEMENTS OF TRANSPORTThe way:Goods must move on something on land, on