WAEC Syllabus for Commerce 2024/2025 PDF Download

WAEC Syllabus for Commerce 2024/2025 PDF Download

WAEC Syllabus for Commerce 2024/2025 PDF Download: Are you preparing for the West African Examination Council (WAEC) Senior School Certificate Examination (SSCE) in Commerce? If yes, then you need to have the WAEC syllabus for Commerce. The syllabus will help you to know the topics, objectives, and recommended textbooks for the Commerce examination. In this post, I will show you how to download the WAEC syllabus for Commerce 2024/2025 in PDF format.

READ ALSO: WAEC Areas of Concentration for Commerce 2024/2025

What is WAEC Syllabus for Commerce?

The WAEC syllabus for Commerce is a document that contains the scope and objectives of the Commerce examination. It also lists the topics and subtopics that candidates are expected to cover in their preparation. The syllabus also provides the recommended textbooks and authors that candidates can use to study for the examination.

The WAEC syllabus for Commerce is designed to test the candidates’ knowledge and understanding of the basic concepts and principles of Commerce. It also aims to assess the candidates’ ability to apply the concepts and principles to various situations and problems in the business world.

Why Do You Need WAEC Syllabus for Commerce?

The WAEC syllabus for Commerce is very important for candidates who want to excel in the Commerce examination. The syllabus will help you to:

  • Know the topics and subtopics that you need to study for the examination.
  • Know the objectives and expectations of the examination.
  • Know the recommended textbooks and authors that you can use to study for the examination.
  • Plan your study time and schedule effectively.
  • Avoid wasting time and resources on irrelevant or outdated materials.
  • Prepare adequately and confidently for the examination.

List of Topics in the WAEC Syllabus for Commerce 2024/2025

  1. Introduction
    • Definition of Commerce and E-Commerce
    • History/Background of Commerce
    • Scope of Commerce and E-Commerce
    • Functions of Commerce and E-Commerce
  2. Occupation
    • Meaning of Occupation
    • Types: Industrial, Commercial, Service Occupation
    • Factors that determine types of occupation/employment
    • Career Opportunities
  3. Production
    • Meaning
    • Factors: land, labor, capital, and entrepreneurship
    • Types: Primary, Secondary, and Tertiary production
    • Division of labor/specialization
    • Inter-relationship between production and exchange
  4. Business Units
    • Meaning and objectives of business
    • Forms of business units
    • Sources of capital for each form of business
    • Amalgamations, Mergers and Acquisitions, Trust, Holding companies, Subsidiaries, Consortium, and Cartel
    • Dissolution/Liquidation of Companies/Partnership
  5. Trade Associations
    • Aims and functions of Trade Associations
    • Chamber of Commerce, Employers Association
    • Consumer Association/Consumerism
  6. Business Capital and Profits
    • Meaning and types of capital
    • Credit
    • Calculation of working capital
    • Profits, turnover, and factors affecting turnover
  7. Trade
    • Home Trade and Foreign Trade
    • Retail trade and small scale and large scale retailing
    • Wholesale trade
    • Factor making for elimination and survival of middlemen
    • Channel of Distribution
  8. Purchase and Sale of Goods in Home and Foreign Trade
    • Procedure and documents used in business
    • Price Quotation
    • Terms of Payment
    • Means of payment
  9. Finance and Financial Institutions
    • Money
    • Banks
    • Insurance
    • Capital Market
    • Stock Exchange
    • Commodity Exchange
  10. Transport, Tourism, Communication, and Warehousing
    • Transport
    • Tourism
    • Communication
    • Warehousing
  11. Advertising
    • Meaning
    • Roles, advantages, and disadvantages
    • Types
    • Methods
    • Media
  12. Introduction to Marketing
    • Marketing
    • Marketing Concept
    • Customer Services
    • Sales Promotion
    • Differences between market and marketing
  13. Legal Aspects of Business
    • Areas of law that relate to Business
    • Consumer Protection
  14. Government Policies Relating to Business
    • Commercialization
    • Privatization
    • Deregulation
  15. Introduction to Business Management
    • Objectives of business
    • Business Management
    • Business Resources
    • Structure of Business organizational setup
    • Business and its environment
    • Social responsibility of Business
  16. Economic Groupings
    • ECOWAS
    • NIGERBASIN COMMISSION (NBC)
    • LAKECHADBASIN COMMISSION (LCBC)
    • MANO-RIVER UNION
    • EUROPEAN UNION
    • WEST AFRICAN CLEARING HOUSE

How to Download WAEC Syllabus for Commerce 2024/2025 PDF

To download the WAEC syllabus for Commerce 2024/2025 in PDF format, you can follow these simple steps:

  • Click on any of the links below to access the web page that contains the syllabus.
  • Scroll down to the bottom of the page and look for the download button or link.
  • Click on the download button or link and save the file to your device or computer.
  • Open the file with any PDF reader or application and start studying.

Here is a link that you can use to download the WAEC syllabus for Commerce 2024/2025 PDF:

Conclusion

The WAEC syllabus for Commerce 2024/2025 PDF is a valuable resource for candidates who want to ace the Commerce examination. The syllabus will help you to know the topics, objectives, and recommended textbooks for the examination. It will also help you to plan your study time and schedule effectively. You can download the syllabus from any of the links provided above and start studying. I wish you success in your examination.

FAQs

What is the duration and mark scheme of the WAEC Commerce examination?

The WAEC Commerce examination consists of two papers: Paper 1 and Paper 2. Paper 1 is a multiple-choice objective test that lasts for 50 minutes and carries 50 marks. Paper 2 is a theory and essay test that lasts for 2 hours and carries 100 marks. The total mark for the examination is 150.

What are the topics and subtopics in the WAEC syllabus for Commerce?

The topics and subtopics in the WAEC syllabus for Commerce are:

– Introduction: Meaning, scope and functions of Commerce; History of Commerce.
– Occupations: Types – Industry, Commerce; Direct and Indirect Services.
– Production: Definition and factors of production; Primary, secondary and tertiary production; Inter-relationship between production and exchange.
– Business Units: Meaning and objectives of a business; Forms of business ownership and organization; Business environment and social responsibility of business; Business growth and expansion; Business failure and liquidation.
– Trade: Meaning and classification of trade; Home trade and foreign trade; Aids to trade; Terms of trade and balance of trade; International trade and economic integration.
– Finance: Meaning and functions of money; Banking – meaning, types and functions; Central bank and commercial banks; Other financial institutions; Stock exchange – meaning and functions; Procedure of transactions and speculations; Capital market and money market; Sources of business finance; Budgeting and budgetary control.
– Insurance: Meaning and functions; Types of insurance; Principles of insurance; Insurable and uninsurable risks; Importance of insurance to business and individuals; Procedure for taking an insurance policy; Claims and compensation.
– Transportation: Meaning and importance; Forms of transport – land, water, air and pipeline; Factors influencing choice of transport; Functions of seaports and airports; Problems of transportation and possible solutions.
– Communication: Meaning, importance and services of post office, courier agencies and other communication agents; Types of communication – oral, written, visual and electronic; Advantages and disadvantages of each type; Barriers to effective communication and how to overcome them.
– Marketing: Meaning, importance and functions; The marketing concept, the marketing mix (4p’s), market segmentation and consumer sovereignty; Channels of distribution – meaning, types and functions; Advertising – meaning, types, media and functions; Sales promotion – meaning, types and functions; Public relations – meaning and functions; Branding, packaging and labeling – meaning and functions; Pricing – meaning, factors and methods; Market research – meaning, importance and methods.
– Commercial Law: Meaning and sources of commercial law; Law of contract – meaning, types, elements, terms, discharge and remedies for breach of contract; Agency – meaning, types, creation, duties and rights of principal and agent, termination of agency; Sale of goods – meaning, types, conditions and warranties, transfer of ownership, rights and duties of buyer and seller; Hire purchase – meaning, features, advantages and disadvantages; Consumer protection – meaning, importance and methods.

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