WAEC Commerce · Section 1

Introduction, Occupation, Production and Business Units

Detailed Syllabus

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Syllabus content and objectives

Official WAEC Commerce outline · Detailed Syllabus

Content

Scope of Commerce/E-Commerce, occupations, factors of production, division of labour, business ownership structures, amalgamations

Objective

Define and trace the background and scope of Commerce and E-Commerce; classify industrial, commercial, and service occupations; analyze factors/types of production and division of labour; evaluate forms of business units (sole proprietorship, partnership, companies, public enterprises, co-operatives); examine mergers, amalgamations, cartels, trusts, and liquidation processes.

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