Commerce Form 2 Syllabus

Theory Of Demand
1. THEORY OF DEMAND
  1. Define demand
  2. Draw demand schedule and curves
  3. Point the factors which determine the strength of demand (causes for demand changes)
  4. Define elasticity of demand
  5. Identify the factors that determine degree of elasticity (changes) of demand
Theory Of Supply
1. Theory of Supply
  1. Explain the meaning of supply
  2. Draw supply schedule and curves
  3. Mention the causes of supply changes
  4. Calculate elasticity of supply
Retail Trade
1. Retail Trade
  1. Define Retail Trade
  2. Distinguish between retailing and the Retailer
  3. Point out the functions of retail Trade
  4. Identify the different types of retailers
  5. Explain the qualities of a retailer
  6. Discuss the modern development in retail trade
Wholesale Trade
1. Wholesale Trade
  1. Define wholesale trade
  2. Distinguish between wholesaler and retailer
  3. Mention the functions of wholesaler
  4. Point the services rendered by wholesaler to manufactures, retailers, and the public
  5. Identify the types of wholesalers (merchant, national, agents)
  6. Explain the channels of distribution
  7. Show when the necessity of eliminating the wholesaler will arise
Ware-Housing Management
1. Ware-housing Management
  1. Define the terms ware-housing and ware-house
  2. Show the need for warehousing
  3. Distinguish the various types of warehouses
Stock Administration
1. Stock Administration
  1. Define the term stock administration
  2. Explain what is meant by: Receiving; Issuing; Stocktaking; Care of stock; Placement of stock items
  3. Give the meaning and determination of Turnover; Stock level