Skip to content

INTRODUCTION TO BUSINESS STUDIES

Business Studies

INTRODUCTION TO BUSINESS STUDIES

MEANING OF BUSINESS STUDIES Some decades ago, the means by which people earned their living was through trade by barter system. Trade by barter is a means of exchanging good s for goods and services for services. In this system, someone who needs one thing or the other has to look for someone who has what he wants and also needs what he has. But on the invention of money, people in the society started thinking of what to do in order to earn a living. This was the beginning of business in large volume because money started serving as a means of exchange.   Business can be defined as a legal means (i.e good means) of earning a living by people in a society. People in the society earn their living on daily or monthly basis by engaging in one trade or the other. Therefore we can define business… Read More »INTRODUCTION TO BUSINESS STUDIES

Business Studies

INTRODUCTION TO BUSINESS STUDIES

INTRODUCTION TO BUSINESS STUDIES What is business? Business can be defined as any service rendered to satisfy human needs or desires which is aimed at making profit in order to earn a living, although there may be loss.   Objections of Business Studies The following are the objectives of studying or the reasons why business studies is taught at the Junior Secondary School level: To acquire the basic skills in office education To develop basic skills in office occupation To prepare students for further training in business studies. To provide the basic foundation skills for those who may want to start working after the Junior Secondary School Level. To provide the basic skills for personal use in future.   Contents or components of Business Studies Business studies is made up of the following subjects Office practice: this includes the study of basic office procedures and practices. Commerce: this involves the… Read More »INTRODUCTION TO BUSINESS STUDIES

School Portal NG
error: Content is protected !!