SCHEME OF WORK FOR JS TWO SECOND TERM 2020/2021

Week 1. Revision of last term work/Welcome back Test/Business opportunities --- Meaning.

Wk 2. Business Opportunities --- Types, Local, National and International.

Wk 3. Consumer Rights --- Meaning, origin of Consumerism, Eight universal consumer rights. ---- Responsibilities
of a consumer.

Wk 4. Shopping Tip __ Meaning of needs and wants, differences between needs and wants, making decision
about needs and wants ---- Impulse buying, effects of impulse buying --- After sales services I. Warranty ii.
Installation etc.

Wk 5. Bookkeeping Ethics --- Transparency, Accountability and Probity (TAP) --- Meaning, Need for TAP,
Attributes of TAP. Due process --- Meaning, Operation, Truthfulness, Openness, Fairness, Impartiality, and
Respect for the rule of law. ---- Problem created by lack of TAP and their solutions.

Wk 6. Ledger Entries --- Meaning of ledger, items on the ledger: date, particulars, folio, discounts and amount
and contra entries. How to record cash received and discount allowed.

Wk 7. Petty Cash book --- Meaning, advantages, format, columns, imprest/float and Reimbursement.

Wk 8. Cash book: ------meaning, types, items and preparation. Single Column cash book and two column cash.

Wk 9. Cash Book --- Three column cash book ---cash,bank and Discounts, preparation of cash book.

Wk 10. Office Equipment --- Meaning, importance, uses, identification, types and care of office equipment.

Wk 11. Revision

Wk 12&13. Examination.

NOTE ON BUSINESS OPPORTUNTIES

A business opportunity means the identification of possible goods and services within an environment that
might become a business In which an entrepreneur can invest money for a profit.

How to Discover Business Opportunities

1. Personal Experience
2. Job Exposure
3. Individual Talents
4. Individual Dreams/passion
5. Discovering the unsatisfied needs and wants of people/market research.

Types of Business Opportunities

Local Business Opportunities

1. Selling of vegetable and fruits.

 2. Selling of chicken and goats.
3. Selling raw food items such as garri, rice and beans.
4. Selling musical C.Ds.
5. Selling provision in lock up shops.
6. Providing cleaning and washing services.
7. Providing day care services.
8. Starting a cobbler’s shop to fix shoes.
9. Transporting passengers and goods.
10. Opening a bakery to provide bread and cakes.

National Business Oppotunuties

1. Farming and sale of farm products.

2. Operating chain stores and pack and shop and mr big’s.
3. Opening an advertising agency.
4. Establishing a radio or Television Station.
5. Operating a bank or insurance company.
6. Singing, dancing and acting movie.
7. Investing in shares and stocks.
8. Hospitality – providing food and accommodation.
9. Building and constructing roads, houses, etc.

International Business Opportunities

1. Importing and exporting of goods.

2. Setting up multinational businesses such as cokecola plc, Nestle PLC etc.
3. Setting up a car assembly plant.
4. Investing in tourism.
5. Trading in gold and diamonds.
6. Running an airline or a shipping company.
7. Trading in foreign exchange.
8. Selling products through the internet.
9. Manufacturing goods for export.
10. Establishing hospital, pharmaceutical shops, sports services.