commerce syllabus jamb 2023

The best way to study for your exam and earn a high mark is to follow the JAMB syllabus.

The JAMB Commerce syllabus includes objectives for every subject as well. You need to be aware of these goals for every subject you study.

JAMB’s Commerce Aids-To-Trade Advertising Syllabus

Banking \sCommunication \sInsurance
Tourism \sTransportation \sWarehousing
Organizational Culture and Social Responsibilities
Objectives
Candidates must to be capable of

I. Talk about the various business environments.

ii. evaluate how the social environment affects the availability of safe items.

iii. Describe the various pollution forms and how they affect enterprises.

Content (a) Environments in the legal, political, economic, social, cultural, and technical spheres.

(b) Product safety, charitable giving, and societal consideration.

(c) Pollution’s different forms and effects (water, air, land, etc.).

business units’ goals
Candidates must to be capable of

i. list the characteristics and variations of business units.

ii. examine the business registration processes.

iii. evaluate the various company merger models and the driving forces behind them.

iii. investigate the variables that influence the selection of business units.

distinguish between the business’s dissolution and liquidation.
mention the advantages and disadvantages of company divisions in vi.

(A) Forms and features (Sole Proprietorship, Partnership, Limited Liability Companies, Public Corporations, Cooperative Societies, etc.).

(b) Business registration.

(c) Corporate mergers.

(d) Selecting the appropriate business units.

(e) Liquidation and dissolution.

(f) Positives and negatives.

Commerce \sObjectives
Candidates must be able to: i. distinguish between commerce and other closely related fields.

ii. enumerate the features of commerce.

3. List the purposes of commerce.

Meaning and scope of the content (a).

Characteristics (b).

Functions (c).

Components of Business Management Goals
Candidates must to be capable of

i. evaluate the managerial responsibilities.

ii. examine the management guiding concepts.
Determine organizational structures (iii).

iv. Evaluate the company’ functional divisions.

v. Inspect the company’s resources.

Functions (a) Content (planning, organizing, staffing, coordinating, motivating, communicating, controlling etc.).

(b) Guidelines (span of control, unity of command, a delegation of authority, etc.).

(c) The organizational chart (line, line and staff, functional, matrix and committee).

(d) Business functional areas (production, marketing, finance and personnel).

(e) Business assets (people, cash, goods, equipment, and opportunities/goodwill).

Components of Marketing Goals

Candidates must to be capable of

I. draw attention to the value and purposes of marketing.

ii. go over the marketing idea.

iii. evaluate the marketing mix’s components.

4. Describe the market segmentation.

v. Consider customer service and public relations.

Content (a) Relevance and purposes.

(a) The idea of marketing (consumer orientation, customer satisfaction, integrated marketing, etc.).

Marketing mix (c) (product, price, place and promotion).

Market segmentation is (d).

(e) Customer service and public relations.

Investing in Business Goals

Candidates must to be capable of

i. list the various business finance options.

ii. go over the various forms of capital.

iii. calculate the various capital, profit, and turnover forms.

iv. Analyze the difficulties in obtaining financing for the company.

v. Evaluate the function of money exchange offices in an economy.

Content (a) Financial Support (personal savings, sale of shares and bonds, loans, debentures, mortgage, bank overdraft, ploughing back of profit, credit purchase, leasing, etc.).

(a) Capital types, including authorized (capital, issued capital, called-up capital, paid-up capital, liquid capital, working capital, and owners’ equity) and share capital.

(c) Calculating capital forms, gross and net earnings, and turnover.

(d) Issues with obtaining financing.

Bureaux de change’s function in an economy.

Objectives for Information and Communication
Candidates must to be capable of

I will talk about using and appreciating computers.

ii. list the different categories and uses for computers.

iii. evaluate the advantages and disadvantages of ICT.

iv. Consider the difficulties in utilizing a computer.

v. list the various ICT terminology terms.

vi. assess the ICT trends.

Computer: (a) Content

I. appreciating and using.

ii. kinds and purposes.

iii. virtues and faults.

iv. difficulties

Terms (b) (Internet, Intranet, browsing, password, e-mail, google, yahoo, search, Local Area Network, etc.).

Activities (c)

I. Online shopping

2. Online banking.

iii. Online commerce.

Legal Considerations for Business Goals
Candidates must to be capable of

I. Examine the components and legality of a straightforward contract.

ii. Research the Hire Purchase Act, Sale of Goods Act, and Agency Act.

iii. evaluate the responsibilities and rights of employers and employees.

iv. make a distinction between copyrights, trademarks, and patents.

v. List the goals of consumerism.

Content (a) A simple contract’s definition and legality.

(a) The Hire Purchase Act, the Sale of Goods Act, and agencies.

(c) An employment contract.

(d) Business regulations by the government (registration of business, patents, trademarks, copyrights, etc.).

(e) Protection of consumers (Government legislation, Standards Organization Trade Descriptions Act, Consumer Protection Council, NAFDAC, NDLEA, Customs and Excise, etc.).

f) Regulatory organizations.

Money \sObjectives
Candidates must to be capable of

I. Talk about the history of money.

ii. examine the characteristics and forms of money.

iii. evaluate the uses of money.

(a) Content evolution.

Forms and attributes (a).

Functions (c).

Occupation \sObjectives
Candidates must to be capable of

I. Discuss the significance of employment.

ii. contrast the various professions.

iii. identify the factors determining the choice of occupation.

Content (a) Significance and value.

(b) Forms (industrial, commercial and services).

(c) The variables that influence career choice.

Production \sObjectives
Candidates must to be capable of

i. list the production components and their benefits.

ii. make a distinction between specialization and the division of labor.

iii. group the different manufacturing types.

Content (a) Elements, traits, and benefits (land, labour, capital and entrepreneur).

(a) Specialization and the division of labor.

(c) Examples (primary, secondary and tertiary).

Objectives in the Purchase and Sale of Goods
Candidates must to be capable of

i. Analyze the processes and paperwork involved in the acquisition and sale of products.

ii. decide on the trading terms.

iii. recognize that there are two types of payment: cash and credit.

iv. List the different credit categories.

v. Examine the advantages and disadvantages of credit transactions.

Content (a) Instructions and records (enquiry, quotation, order, invoice, proforma invoice, statement of accounts, indent, consular invoice, bill of lading, certificate of origin, consignment note, etc.).

(b) Commercial terms (trade discount, quantity discount, cash discount, warranties, C.O.D., C.I.F., F.O.B., and E.O.E. etc.).

(c) Payment terms:

i. Legal tender in cash

ii. Source

• kind and functionality.
• merits and shortcomings.

Stock Exchange Goals
Candidates must to be capable of

I. Describe the significance and purposes of the stock market.

ii. list the many securities that are traded on the stock exchange.

iii. examine the process of trades and speculative activity on the stock market.

iv. Evaluate the market’s benefits and rules for operation.

Content (a) Relevance and purposes.

(a) Securities categories (stocks, shares, bonds, debentures, etc.).

(b) Transaction and speculation processes.

(d) The secondary securities market (listing requirements, types of companies for the market, advantages and operating regulations of the market).

Foreign Trade Goals in Trade
Candidates must to be capable of

analyze the fundamental problems of international trade.

ii. describe the processes and paperwork involved in international trading.

Determine the obstacles to international trade, step iii.

iii. Evaluate the function of government organizations in international trade.

(a) Basic concerns in international trade (balance of trade, balance of payments and counter trade).

(a) The processes and paperwork involved in export, import, and business commerce.

c) International trade restrictions.

(d) In foreign trade, the function of the Customs and Excise Authority, the Ports Authority, etc.

Domestic Trade Goals

Candidates must to be capable of

I. contrast the different kinds of merchants.

ii. list the duties performed by retailers.

iii. emphasize the elements involved in establishing retail trade.

iv. categorize current retailing techniques.

v. list the benefits and drawbacks of the retail industry.

identify the different wholesaler categories.

vii. go through the roles of wholesalers.

viii. describe the advantages and disadvantages of the middleman.

Retail commerce (content (a)

types of stores

roles of retailers

Considerations for establishing a retail business

retailing trends (branding, self-service, vending machines, the use of luncheon, fuel voucher etc.).

retailers’ benefits and disadvantages.

(a) Retail business:

suppliers’ many types (merchant, agent, general, etc.).

wholesalers’ roles.

The benefits and drawbacks of wholesalers.

Goals of Trade Associations
Candidates must to be capable of

I. Go over the goals and roles of trade and manufacturer’s associations.

List the goals and duties of chambers of commerce in clause (ii).

Content (a) The goals and duties of trade and manufacturer’s associations (such as the associations for cocoa farmers, garri sellers, and poultry farmers).

(a) The goals and duties of business chambers.

Recommended Textbooks for Commerce for the JAMB
D. J. Anderson (1978) West African Trade, Macmillan, London.
L. I. Ahukannah and others (1992) Secondary School Commerce Africana, Onitsha, First Publisher.
A. Asaolu and P. M. Igwe (2005) Books 1–3 of the New Syllabus for Secondary Schools in Commerce (Second Edition) Evan’s, Ibadan.
The first edition of Babatunde, A. H.’s Handbook on Commerce for Schools and Colleges was published by Global Publications in 1999.

Working with Computer, Benin: Bofic Publishers, 1998. Eriki, P. O.
Computer Science, Fifth Edition, Ashford, 2000. French, C. S.
Nigeria: The Promise of Tourism, Lagos: G.S.L. Publishing Limited, Ibru, G. M. 2004.

P. M. Igwe et al (2004) Ibadan: Evans. WASSCE/SSCE/NECO/JME Commerce: Countdown.
Management, (Sixth Edition), New Delhi: Prentice Hall, 1996. James, A. F., et al.
Management Theory and Practice, C. C. Nwachukwu, Onitsha: Africana-First Publishers, 1999.
M. O. Odedokun and others (1999) Lagos: Longman, “Commerce for Senior Secondary Schools,” Books 1–3.
Ibadan: Onibonoje, 1998. Odoom, F. F. “Commerce for Senior Secondary Schools,” Books 1–3.

Management: Office Business Education, Abeokuta: KAPPCO, Onifade, A. 2001.
The Computer for Word Processing and the Internet, A. Onifade, Abeokuta: KAPPCO, 2002.
Marketing Today, Abuja: Precious Treasures Ltd., Onu, A. J. C. 2000.

A Dictionary of Business, Third Edition, Pallister, J., and Isaacs, A. (2002) Oxford University Press.
Commerce Simplified for SSS 1–3, WAEC, NECO, JAMB, and NABTEB EXAMS, by O. A. Ubaka (2012), Garki, Abuja: Andyson Millennium Concepts Ltd.