In this unit, you will learn about various forms of business organisations which are usually set up by entrepreneurs as well as their advantages and disadvantages.
In this unit, you will learn the functions, responsibilities and qualities of an entrepreneur. Y
In this unit, you will learn about communication, effective communication and the importance of communication in an enterprise.
In this unit, you will learn about marketing and the difference between selling and marketing. You will be exposed to the importance of market and market research.
In this unit, you will learn about the importance of a business plan to entrepreneurs and the different components of the document. You will also be involved in writing a simple business plan for an enterprise.
In this unit you will learn about demand and supply as well as the factors affecting them. You will also read demand and supply diagrams and identify the equilibrium position.
In this unit, you will learn about money and its characteristics as well as functions. You will also be introduced to commercial banks and central banks as well as learn their functions
In this unit, you will learn about how people use their income either on spending and/or savings. People also borrow money to satisfy their needs and wants.
In this unit, you will learn the basis of trade while discovering about home and international trade. You will also learn about the importance of trading with other countries.
In this unit, you will record business transactions (cash, bank and credit) in the ledger while following the double entry principle
In this unit, you will calculate the balances of ledger accounts.
In this unit, you will identify debit and credit items in the ledger. Using these items, you will then learn and practise how to prepare a trial balance.
In this unit, you will practise recording in the income statement to find whether the enterprise has made profits or incurred losses.
In this unit, you will discover the statement of financial position in which enterprises record their assets, liabilities and capital.
