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Section 7-

Logistics and supply chain


Obj 1- explain the term logistics and
supply chain operations. Explain the
components of logistics, contain-
forward flow of goods, reverse flow of
goods, storage of goods. Services and
related information between
destinations. Describe activities involved
in supply chain operations (example
transforming natural resources, moving
and storing of raw materials, processing
of raw materials into finished goods,
storing of work in progress and finished
goods and delivering the finish product
from point of origin to point of
destination)

Obj 2- describe the links in the chain of


distribution

Obj 3- distinguish between multimodal


and intermodal transport (definition,
what they are suitable for air transport,
rail, road transport, marine transport,
pipeline and digital delivery)

Obj 4- interpret information on transport


documents( research transport
documents, define each documents,
format of documents, purpose of
document)

Obj 5- export the role of transport in


marketing

Obj 6- identify advantages and


challenges of supply chain operations

Obj 7- explain the impact of logistics and


supply chain operations on the
competitiveness of business

Obj 8- identify the problems likely to be


encountered in distribution

Obj 9- outline measures to mitigate or


lessen problems in distribution

Obj 10- outline the impact of information


technology on logistics and supply chain
operations (GPS- global positioning
system, GIS- Geographic information
system, PORTNET, TELEMARKETING
ECOMMERCE, global logistics
providers- FedEx, Amazon, logistics
hubs)

Section 8-
Business finance
Obj 1- identify various financial
institutions (definition) eg. Central Bank,
commercial banks, credit unions,
insurance companies, building societies,
microlending agencies, government
agencies

Obj 2- describe the functions and


services offered by financial institutions
(functions are the main duties offered,
service is an additional features offered)

Obj 3- describe the role and functions of


financial regulatory bodies eg. Central
bank, financial services commission,
Jamaica

Obj 4- describe the relationship between


financial institutions and regulatory
bodies. (Central bank and commercial
bank) (financial services commission
and credit unions) (supervisor of
insurance and financial
institutions)

Obj 5- outline ways used by individuals


to manage personal income (use of a
budget, savings, investment, financial
advising)

Obj 6- def. between saving and


investment (definition)

Obj 7- explain short term financing and


long term financing ( short term- trade
credit, commercial bank loans,
promissory notes, installment credit,
indigenous credit or private money
lenders, advances from customers,
factoring, venture capitalist, crowd
funding, angel investors) (long term-
loans from government agencies,
mortgages, debentures, shares or
stocks, insurance, investment and unit
trusts)
Obj 8- identify personal sources of
capital for setting up a business such as
crowd funding, venture capital, equity,
loans, government brands, personal
savings, family and friends
Obj 9- identify the purposes of basic
financial records for sole traders
(examine- types of bookkeeping
systems such as single and double
entry) (explain the purpose of the
following basic financial statement-
income statement, balance sheet,
statement of cash flows of a sole trader )

Friday 15th october- exam om section 7


Friday 19th November- exam on section
8

Friday 26th November- paper 2 EOT


Wednesday 1st December- paper 1
EOT

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