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Commerce Topics - Three


TOPIC 1: Transportation


  • Define the term transportation

  • Explain the different modes of transport (road transport, rail way, water, air and pipe-line)

  • Point out the advantages of each of the modes

  • Distinguish the various transport documents

  • Explain the various factors that determine choice of mode of transport

TOPIC 2: Communication


  • Define the term communication

  • Explain the nature of communication

  • Show the importance of communication to business

  • Identify the various types (divisions or classifications) of communication

  • Point out the factors that influence choice of communication media

TOPIC 3: Marketing


  • Define the term "market" from "marketing"

  • Identify the various types of markets

  • Explain product planning and development

  • Explain Branding

  • Explain Grading

  • Explain Standardizing

  • Explain packing and packaging

  • Explain Market research

  • Explain Merchandising

  • Explain the term "advertisement"

  • Point out the various types of advertisements

  • Mention the advantages and disadvantages of advertisements

  • Explain the factors to be considered when choosing advertising Media

  • Explain the different types of marketing institutions in Tanzania e.g. BET, chamber of commerce

TOPIC 4: Money


  • Expalin the historical background of money

  • Define the term "barter system"

  • Point out merits and demerits of "barter system"

  • Give a definition of "money"

  • Mention the functions of money

  • Distinguish inflation from deflation

TOPIC 5: Banking


  • Explain the historical background of banking

  • Explain the types and functions of banks

  • Identify the various bank accounts and how they operate

  • Differentiate the main means of payments: Cheques; Bills of exchange; Promissory notes; Postal orders

TOPIC 6: International

International Trade

  • Explain the meaning of international trade

  • Point out how international trade arises

  • Mention the advantages and disadvantages of international trade

  • Differentiate visible from invisible trade

  • Distinguish between balance of trade and balance of payments

TOPIC 7: Import Trade

Import Trade

  • Explain the meaning and importance of import trade

  • Identify the main organizations involved in import trade in (Tanzania)

  • Differentiate, the two types of imports direct and indirect

  • Explain the import procedure and formalities with special emphasis on: Documentation; term of payment; Terms of delivery

TOPIC 8: Export Trade

Export Trade

  • Explain the meaning and importance of export trade

  • Identify the organization involved in the export trade

  • Mention the documents for export and the export procedures in Tanzania

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