Download Bussiness Studies Form One Full Notes – Including All Topics· Topic 1: Introduction to Business Studies · Topic 2: Entrepreneurship · Topic 3: Sole Proprietorship. Business Studies for Ordinary Secondary Education is a compulsory subject studied by Form I-IV students. The purpose of learning this subject is to equip the student with knowledge and skills on business operations and management for running businesses, hence the student becomes conversant and confident in operating small-scale businesses successfully.
It also intends to enable the student to establish their own business by building-up a business idea, preparing a business plan, starting and registering a business, managing the business and complying with the business ethics and regulations. Furthermore, the subject enables the student to solve social challenges by applying business skills in various contexts.
Thus, studying this subject, enable the student to create selfemployment, employ others and be employed.
Benefits of learning business studies include:
Assists the learners/members of the society to acquire knowledge and awareness of business terminologies which are necessary when discussing business issues such as profit and loss.
Assists the individuals in appreciating the role of business in society/in provision of goods and services.
It enables the learners to acquire basic knowledge, skills and attitudes necessary for the development of self and the nation by starting and operating business.
Equips the members of society with knowledge and skills necessary to start and run a business comfortably.
Makes the members of society to appreciate the need for good business management practices
Assists individual to acquire self-discipline and positive attitude towards work
Equips individual with abilities to promote co-operation in society through trade
Enables the individual to understand the role of government in business activities
Equips individuals with abilities to understand the role of communication and information technology in modern business management
Helps the individuals to develop positive attitudes towards the environment
Equips the individual with knowledge and skills required to evaluate business performance
Leave a Comment