Commerce Topics - Three

 

TOPIC 1: Transportation

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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

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TOPIC 2: Communication

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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

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TOPIC 3: Marketing

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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

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TOPIC 4: Money

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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

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​TOPIC 5: Banking

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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

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TOPIC 6: International

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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

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TOPIC 7: Import Trade

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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

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TOPIC 8: Export Trade

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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