Business Studies JSS 2 Curriculum Guides – Activities that Aid Commerce (Bank Service, Distribution, Market, Trade and Insurance)

 

THEME – ACTIVITIES THAT AID COMMERCE 

TOPIC 1 – BANK SERVICE

 

INSTRUCTIONAL MATERIALS

1. Pictures

2. Savings passbook/cheques

3. Newspaper cutting

4. Invitation of resource persons from a bank to give talk to give talk on ethical issues in banking.

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. define a commercial bank.

2. explain the service provided by the banks.

3. identify ethical issues in banking.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

Commercial bank:

  • Definition
  • Bank service
  • Ethical issues in banking.

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. leads discussion on commercial banks.

2. leads discussion on service provided by commercial banks.

3. leads discussion on ethical issues in banking.

4. arranges visit to a commercial bank.

 

 

STUDENT’S ACTIVITIES

The students,

1. mention commercial banks that they know.

2. visit a nearby commercial or community bank.

3. copy notes on ethical issues in banking.

 

 

LESSON EVALUATION

Students to,

1. define a commercial bank.

2. mention five services provided by commercial banks.

3. list four commercial banks you know.

4. list four ethical issues in banking.

 

 

THEME – ACTIVITIES THAT AID COMMERCE 

TOPIC 2 – DISTRIBUTION 

 

INSTRUCTIONAL MATERIALS

1. Charts and pictures on distribution

2. Charts and pictures of cases where chemicals were wrongly handled

3. Video clips from all regulatory agencies

4. Newspaper cuttings on the agents of distribution.

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. explain the meaning of distribution.

2. list the agent’s involved in distribution.

3. explain the functions of each agent in the channels of distribution.

4. identify licensed chemicals vendors.

5. identify safe ways of handling chemicals.

6. state the effects of wrong handling of chemicals.

7. identify when production ends.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Meaning of distribution

2. Channels of distribution:

  • producer/ manufacturer
  • wholesaler
  • retailer
  • consumer

3. Functions of each of the channels of distribution

4. Licensed chemical vendors

5. Handling and distribution of chemicals

6. Effects of wrong handling of chemicals

7. When production ends.

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. leads discussion on distribution and its chains/channels.

2. explains the functions of each agent in the chain of distribution and the production process.

3. restates that distribution ends the production process.

4. leads discussion on licensed chemical vendors and effects of wrong handling of chemicals.

5. explains ways of handling chemicals.

6. states that distribution ends when the commodity gets to the final consumer.

 

 

STUDENT’S ACTIVITIES

The students,

1. identify the channels of distribution.

2. participate in identifying each agent in the chain of distribution.

3. visit a licensed chemical vendor.

4. participate in identifying various ways of handling and distributing chemicals.

5. narrate their experiences of the effect of wrong handling of chemial.

6. copy notes on the functions of each agent.

 

 

LESSON EVALUATION

Students to,

1. explain the meaning of distribution.

2. list two channels of distribution.

3. discuss the functions of two channels of distribution.

4. list three effects of wrong handling.

5. state four ways of proper handling of chemicals.

6. identify two licensed chemical vendors.

7. Identify who is at the end of production.

 

 

THEME – ACTIVITIES THAT AID COMMERCE 

TOPIC 3 – INSURANCE 

 

INSTRUCTIONAL MATERIALS

1. Pictures

2. Specimen, documents from insurance companies.

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. define insurance.

2. explain services provided by insurance companies.

3. mention types of insurance.

4. identify the benefits of insurance.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Insurance:

  • Definition
  • Insurance services

2. Types (Policies) of Insurance

  • Vehicle
  • Fire
  • Burglary
  • Marine
  • Life insurance
  • Pension
  • Health

3. Benefits of Insurance

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. leads discussion on services provided by insurance companies.

2. guides students to identify type of insurance.

3. leads discussion on the benefits of insurance.

4. arranges a visit to nearby insurance company.

 

 

STUDENT’S ACTIVITIES

The students,

1. mention insurance companies they know.

2. visit nearby insurance company.

 

 

LESSON EVALUATION

Students to,

1. define insurance.

2. mention three services provided by insurance companies.

3. mention three types of insurance policies.

4. list four benefits of insurance.

 

 

THEME – ACTIVITIES THAT AID COMMERCE 

TOPIC 4 – MARKET 

 

INSTRUCTIONAL MATERIALS

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1, define the term market.

2. list the features of a market.

3. visit types of market.

4. list instruments traded in each market.

5. mention the career opportunities available in the capital market.

6. explain buying and selling by cash and (or) credit.

7. calculate turnover and net profit.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Market:

  • Meaning
  • Features

2. Types:

  • Capital market
  • Money market

3. Commodity market institutions and instruments traded in each market.

4. Careers in the capital market.

5. Buying and selling:

  • Meaning
  • By cash
  • By credit

6. Transactions

  • Costs of sale
  • Markup
  • Turnover
  • Profit and loss

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. explains the meaning of market.

2. leads discussion on the features of a market.

3. discusses types of market.

4. explains the institutions and instruments traded in each market.

5. discusses the various career opportunities in the capital market.

6. explains buying and selling.

7. explains cash credit and cost.

8. gives examples on markup, turnover and net profit.

 

 

STUDENT’S ACTIVITIES

The students,

1. write the institution and instruments traded in their note books.

2. mention items of costs to a business.

 

 

LESSON EVALUATION

Students to,

1. give meaning of market.

2. describe each type of market.

3. list the institutions and instruments traded in the market.

4. list four careers available in the capital market.

5. explain buying, selling by cash and (or) credit.

 

 

THEME – ACTIVITIES THAT AID COMMERCE 

TOPIC 5 – TRADE 

 

INSTRUCTIONAL MATERIALS

1. Charts on aids to trade

2. Pictures on trade

3. Newspaper cuttings of the activities of Customs and Excise board.

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. explain the meaning of trade.

2. list the importance of trade.

3. describe forms of trade.

4. explain the services that make trade easy.

5. explain the role of customs and excise in foreign trade.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Trade:

  • Meaning
  • Importance

2. Forms of Trade

  • Home trade
  • Foreign trade

3. Aids to Trade

  • Banking
  • Insurance
  • Advertising
  • Communication
  • Transport
  • Tourism
  • Warehousing
  • Commerce

3. Role of custom and excise in foreign trade

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. explains trade as a commercial activity.

2. illustrates forms of trade using chart.

3. leads discussion on aids to trade.

4. asks questions relating to aids to trade.

5. explains the role of the customs and excise in foreign trade.

 

 

STUDENT’S ACTIVITIES

The students,

 

 

LESSON EVALUATION

Students to,

1. draw on the chalkboard a chart showing the forms of trade.

2. draw a chart showing forms of trade into their note books.

3. tour area office of custom and excise in their environment.