MAZ INTERNATIONAL SCHOOL SHAH ALAM

2019-2020 FIRST TERM SCHEME OF WORK

SUBJECT : Commerce
SECONDARY : Form 5

MINUTES
WEEK TOPIC / SUB TOPICS LEARNING OBJECTIVES LEARNING ACTIVITIES RESOURCE MATERIALS
PER WEEK
Learners should rectify their Correcting their mistakes where Teacher help the students.
Paper discussion of form 4 mistakes in the paper they appeared teacher will be helping the learners
for commerce and correct those mistakes. by showing them how to appear
WEEK 1 2 hrs
certain question and recognize
what the examiner wants from
them
10. WAREHOUSING At the end of the lessons, students Cambridge O level
should be able to: Commerce Coursebook
Activity 1: Identify the
10.1Role of warehousing. Second Edition.
importance of warehousing.
o Define the role of warehousing in Shows the importance of
 Warehousing functions trade. warehousing especially to seasonal
and its importance to
products and its role in stabilizing
trade. o Explain the general the price of such products.
functions/importance of For example;
 Link with seasonal warehousing to traders. 1. Explain how warehousing assists
production, demand seasonal products like rice and
and price stability. o Recognize the types of wheat to be available throughout
2 HRS + warehousing. the year.
WEEK 2,3&4 2 Hrs+ 10.2Types of warehouse. 2. Explain how warehousing helps
2 hrs o Explain the importance of in price stability of goods.
 Bonded; cold storage; warehousing to:
cash and carry; large Activity 2: Manufacturers,
scale retailers’ regional wholesalers and large-scale
 Manufacturer
distribution centres; retailers have their own reasons for
 Wholesaler
manufacturers’ and having a warehouse.
 Large-scale retailer
retailers’.
These three traders; manufacturer,
o Explain the importance of wholesaler and large-scale retailer
 Main features of each bonded warehouses to:
type of warehouse. need warehousing to store their
respective goods. Show different
 Exporters
reasons for each of them.
 Importers
For example;
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2019-2020 FIRST TERM SCHEME OF WORK
 Importance of each in 1. Explain why the following
either home or traders need a warehouse for their
international trade. goods:

i. Manufacturer
ii. Wholesalers
iii. Large-scale retailer

2. Bonded warehouses are

important for foreign traders, i.e.
exporters and importers. Explain
why.

Activity 3: Recognize the types

of warehousing.

Bonded warehouse and cash and

carry warehouse are among the
types of warehousing. Show the
importance of these two
warehouses.

For example;

1. Mable Enterprise is an importer.

The business is importing
construction products, like tiles,
toilet bowls and roofs. Explain how
bonded warehouses assist his
business.

2. Cash and carry warehouses are

normally owned by a manufacturer
and wholesaler. How does this
warehouse help small-scale
retailers in their businesses?
 MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK

11. INSURANCE At the end of the lessons, students Cambridge O level

Activity 1: Traders need
should be able to: Commerce Coursebook
insurance cover.
11.1 Purposes of Insurance. Second Edition
 Examples;  Understand the purposes of Show how an insurance agency
compensation, financial insurance to a trader/business. helps traders in covering against any
protection, business insurable risks on their businesses.
confidence,  know the idea of pooling of risks
investment. to the insurance company. For example;
 The importance of 1. How Company A benefits from
pooling of risk.  Identify the insurable and non- covering his business against fire?
insurable risks.
11.2 Business and personal
risks.
Types of risks.
 Identify the risks that might be Activity 2: Identify insurable
faced to international traders. risks and non-insurable risks.
2 HRS +  Examples of insurable
2 Hrs+ and non-insurable risks. Not all risks are protected by the
WEEK 5,6&7
2 HRS  Risks to international  Explain with examples the insurance agency. Show why some
traders. principles of insurance. risks are insured and some are not.
11.3 Insurance For example;
principles.  Recognize the procedures of 1. Mr. X is a sole trader. His
 Indemnity. taking insurance. business is not doing so well
 Insurable interest. recently. He has a problem with
 Utmost good faith.  Briefly explain the following managing the business.
documents: - (a) Why is an insurance company
 Proximate cause
unable to protect the risk of bad
11.4 Effecting insurance
Proposal form management of Mr. X?
cover.
Cover form (b) Mr. X could insure his business
 Outline of procedures,
Policy cover against fire and theft. Why could
including premiums.
an insurance company protect such
 Main documents:
proposal form, cover  Know factors to determine the risks?
note, policy. Key rate of insurance premium. Activity 3: Risks faced by home
traders and international traders.
 MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK
information and  Know the procedures for Shows students the risks that might
purposes of each. claiming the insurance. be encountered by home traders
 The role of an insurance and international traders.
broker. For example;
11.5 Statistical basis of 1. Davy Enterprise is a shipping
insurance. company. Their business is dealing
 The pooling of risk with shipping the exporters’ and
factors influencing the importers’ goods. Identify and
level of insurance briefly explain the risks that they
premium. might face.
 Calculation of premium
and evaluation of 2. Dahlia Sdn Bhd is a local factory.
insurance quotation. They supply spices products to the
11.6 Effecting a claim. local market. Identify and briefly
 Outline of procedures, explain the risks that they might
including claim form. encounter.
Activity 4: Insurance with idea
of pooling risks.
Shows students that insurance
business is not like an ordinary
business of selling goods and
provides services, like air-cut and
dress- maker. Insurance rests on the
idea of pooling risks.

For example;
1. Insurance business is about
pooling of risks. It is related to the
payment of the insurance
premium.

(a) Explain the idea of pooling of

risk.
(b) How does pooling of risk
influence the level of the
insurance premium?
MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK

Activity 5: Insurance and

rules/principles.

In order for people to insure

themselves with the insurance
company, they must follow the
principles of insurance. This is for
the benefits of both parties; an
insurer and an insured.

For example;
1. Utmost good faith, indemnity
and insurable interest are the three
basic of insurance principles.

(a) Why utmost good is faith

necessary when Mr. X wanted to
insure his jewelllery shop against
robbery?
(b) How might insurance principle
of indemnity apply to a fire
insurance policy?

Activity 6: Important
documents of Insurance.
Show the examples of documents,
which are used by the insurance
company, such as proposal form,
policy cover, cover note and an
insurance prospectus.
For example;
1. Explain briefly the following
insurance documents.
i. Proposal form
ii. Policy cover
iii. Cover note
 MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK
.

12. BANKING  Activity 1: Recognize the Cambridge O level

12.1 Banking Services At the end of the lessons, students banking services. Commerce Coursebook
 Deposit, savings should be able to: Show to the students what are the Second Edition
accounts and current services provided by a commercial
accounts and services Recognize the services provided bank to their customers especially
provided e.g. paying – by the commercial banks. business community.
in-slip, bank statement. For example;
12.2Means of payment for Identify the different means of 1. Mr. Jackie has a bank current
home and international payment for home and account and a fixed deposit
trade activities. international trade activities. account.
 Cash; cheques; credit (a) State two advantages to Mr.
transfers; standing orders; Describe the purpose of each Jackie of having both accounts.
direct debits; electronic means of making payment. (b) Why is a fixed deposit account
transfers; documentary suitable to people who have excess
credits; bank drafts; debit State the advantages and amount of funds?
2 Hrs+
cards; credit cards. disadvantages of the following c) Mr. Jackie is able to use the
WEEK 8&9 2 HRS
 Purposes of each means trends in banking: - following bank services to pay bills:
of making payment.
12.3Trends in banking. ATMs. BANK DRAFTS CREDIT CARD
 E.g. ATMs, telebanking, Telebanking.
Internet banking. Internet banking.. CREDIT TRANSFERS DIRECT DEBITS

State, with reasons, which bank

service Mr. Jackie should use to pay
each of the following:

i. Mortgage payments,
which vary with
changes in interest
rates.
ii. Settlement of a hotel
bill
 MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK
iii. Payment of his
insurance premium to
National Insurance
Company.

2. ATMs, telebanking and internet

banking are some of the services
offer by a bank to the customers.

Answer the following questions;

(a) Why a bank offers ATMs to

the customers?
(b) What are the advantages
of internet banking to: (a)
customers and (b) a bank?
(c) What is telebanking and
state the services offer?

Suggested places for a visit:

Hongkong and Shangai Banking
Corporation
BIBD
Standard and Chartered
Banking
.
13. The Business UnitBUSINESSAt the end of the lessons, students Activity 1: distinguish between Cambridge O level
13.1 Location of a business, should be able to: enterprises in the public and the Commerce Coursebook
including retail units  evaluate factors to be considered, private sector Second Edition
2 Hrs+
13.2 Public and private identify the characteristics of public
including: labour, markets, transport,
2 HRS +
WEEK 10,11&12 sectors power and raw materials, sector enterprises
2 HRS
13.3 Main forms of business  competition, suppliers, identify the main forms of business
organisation in the private communication, government organisation, including: sole trader,
sector influence in given situations partnership, limited company
13.4 Franchises (private and public)
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2019-2020 FIRST TERM SCHEME OF WORK
13.5 Multinationals.  describe their characteristics relatingActivity 2 :define multinational
to size, ease of company
setting up, ownership, control, explain reasons for the existence of
liability of owners (both limited and multinationals in
unlimited), documents required, the global economy
provision of capital, distribution of evaluate the importance of
profits multinationals in the global
 evaluate the appropriateness of economy
different forms of ownership in
given situations
 evaluate the importance of
multinationals in the global
 economy
 evaluate the opportunities
offered to, and conflicting
interests of, multinational
companies locating in
individual countries
Cambridge O level
Revising the above topics Revising the above topics and Revising the above topics and Commerce Coursebook
WEEK 13 2 Hrs+ and solving past year solving past year papers. solving past year papers. Second Edition
papers.

FIRST TERM EXAMINATION.

WEEK 14
MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK
MAZ INTERNATIONAL SCHOOL SHAH ALAM
2019-2020 FIRST TERM SCHEME OF WORK