LESSON 1
MAIN TOPIC:
INTRODUCTION TO BUSINESS STUDIES
SPECIFIC TOPIC: Revision and meaning of Business Studies
REFERENCE BOOKS:
Macmillan JSS1 Business Studies by Awoyokun A.A et al .Pages 1-3
WABP JSS Business Studies 1 by Egbe T. Ehiametalor. Pages 1-2
PERFORMANCE OBJECTIVES: At the end of the lesson, students should be able to:
Answer questions on topics taught in previous class correctly
explain the meaning of business studies
state the importance of business studies
CONTENTS:
Business study is a pre-vocational subject taught in junior secondary school which helps in facilitating the development of business skills.
Studying business allows people to understand strategy, marketing, finance, accounting, and managing people. By having an understanding of how these things work,people may find that they are better equipped to work in some jobs. Even if they don't end up specifically working in one of those areas, it will help them to understand what other people are working on. It also gives them credibility.
CONTENT:
(i) Meaning and Scope of Business Studies
(ii) Importance of business studies
(iii) Components of business studies: Office practice, Commerce, Financial Accounting/Book Keeping, Shorthand, Keyboarding/Typewriting
(iv) Career Opportunities
Meaning of Business Studies
Business Studies may be defined as a combination of inter-related business subjects which lead to learning of basic knowledge and skills. It is a course in education that is designed to cover the basic elementary knowledge and skills in organizing business enterprises as well as general office administration.
Importance of Business Studies
• Acquisition of basic knowledge of Business Studies.
• The development of basic skills in office practice.
• The preparation of students for further learning in Business Studies
• The provisions of orientation and skills for those who undergo further training in order to enable them start a life of work.
• The provision of basic skills for personal use in future.
• Relating the knowledge and skills to the national economy.
• Update knowledge on current information technology e.g. Internet, E-mail, fax and computer communication.
Components of Business Studies
Business Studies as a subject has an inter-related areas of study such as Office Practice, Commerce, Shorthand, Typewriting and Book-keeping which function at the same time when an enterprise is established. These inter-rated areas of study are also called the Inter-related Elements of Business Studies. There are five components of Business Studies.
(i)
Office Practice: This is to acquire skills for the purpose of office occupation and administrations.
(ii)
Commerce: It involves the production, exchange, distribution of goods and services in the organization.
(iii)
Book-keeping: This is for keeping records of all financial transaction of the organization.
(iv)
Typewriting/Keyboarding: it is for the preparation and production of office documents in the organization. Keyboarding is the technique of using the computer or typewriter keyboard to produce printed information in hard or soft copy. Hard copy refers to information on paper while soft copy refers to information on the computer storage device
(v)
Shorthand: This is for speedy writing of messages in an office by the secretary using signs to represent.
https://drive.google.com/file/d/1t3BGY3 ... sp=sharing
Career Opportunity in Business Studies
Those who have undergone training in Business Studies can be employed as:
1. Clerks who keeps general office records
2. Typists who do copy typing in the office
3. Computer operators who use computer to produce office information
4. Bookkeepers and accounts clerks who keeps record on business transactions
5. Salesmen who sell goods in supermarkets and stores
6. Receptionists who receives visitors and make telephone calls
7. Stenographers who take dictations in shorthand in office
8. Self- employed: Those who will go to secondary level (senior), they can study the following courses in higher institution:
• Accountancy
• Business Administration
• Marketing
• Personnel Management
• Insurance
• Actuarial Science
EVALUATION
1. What is Business Studies?
2. Mention three objectives of Business Studies
3. State five (5) components of Business Studies.
How can you define Business Studies?
4. State five Objectives of Business Studies.
5. List five career opportunity available to those who study Business Studies
READING ASSIGNMENT
Business Studies for Junior Secondary School Book 1 produced
by Cross River State Chapter 1 Pages 1-2
ASSIGNMENT
1. Business studies is designed to cover basic elementary knowledge and skills in organizing ----------- and --------. (a) school and home (b) business enterprise and general office administration (c) farm and school
2. Business studies is divided into -------- components. (a) 10 (b) 6 (c) 5
3. All these are elements of Business Studies except (a) Fine art (b) Commerce (c Shorthand
4. The production, exchange and distribution of goods and services is ----------
(a) Book-keeping (b) Commerce (c) Typewriting
5. The use of signs to represent words can best describe (a) Business Studies (b) Agricultural Science (c) Shorthand