SSS 2 COMMERCE Scheme of Work | 1st, 2nd & 3rd Term

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Exploring the world of commerce can open doors to numerous career paths. 

In the SSS 2 Commerce scheme of work, you dive into essential topics such as co-operative societies, insurance, and the stock exchange. 

These subjects are designed to provide a comprehensive understanding of commercial activities and their role in the economy. 

The recommended textbooks offers clear explanations and detailed examples to solidify your grasp of these concepts.

SSS 2 COMMERCE Scheme of Work

SSS 2 COMMERCE First Term Scheme of Work

Week 1: Career Opportunities in Commercial Studies

  • Overview of different career paths in commerce
  • Sectors within commerce, such as banking, insurance, and retail
  • Necessary skills and qualifications for various careers

Week 2: Career Opportunities in Commercial Studies (Cont’d)

  • Career development strategies
  • Entrepreneurial opportunities in commerce
  • Case studies of successful professionals in commerce

Week 3: Co-operative Societies

  • Definition and types of co-operative societies
  • Objectives and roles of co-operative societies in commerce

Week 4: Co-operative Societies (Cont’d)

  • How co-operative societies contribute to community development
  • Case studies of successful co-operatives in Nigeria

Week 5: Public Enterprises

  • Definition and characteristics of public enterprises
  • The role of public enterprises in the economy
  • Differences between public and private enterprises

Week 6: Limited Companies

  • Definition and types of limited companies (public and private)
  • Characteristics of limited companies, including limited liability

Week 7: Mid-Term Break

Week 8: Limited Companies (Cont’d)

  • Formation and registration of limited companies
  • Roles of shareholders, directors, and company secretaries

Week 9: Limited Companies (Cont’d)

  • Rights and responsibilities of shareholders
  • Case studies of limited companies in Nigeria

Week 10: Trade Association and Other Enterprises

  • Definition and examples of trade associations
  • Functions of trade associations in promoting business interests
  • Other forms of enterprises and their roles in commerce

Week 11: Revision

Week 12: Examination

Week 13: Closing

SSS 2 COMMERCE Second Term Scheme of Work

Week 1: Trade Association

  • History and purpose of trade associations
  • Examples of trade associations in Nigeria
  • The role of trade associations in business regulation

Week 2: Insurance

  • Definition and importance of insurance in commerce
  • Types of insurance: life, health, property, and marine insurance
  • The role of insurance in risk management

Week 3: Stock Exchange

  • Functions of the stock exchange
  • How the stock exchange facilitates capital raising for companies
  • Examples of major stock exchanges

Week 4: Consumer Protection

  • Definition and importance of consumer protection
  • Consumer rights and responsibilities
  • Regulatory bodies that protect consumers in Nigeria

Week 5: Advertising

  • Definition and types of advertising
  • The role of advertising in commerce
  • Advertising media and their effectiveness

Week 6: Transportation

  • Types of transportation in commerce: land, sea, air, and rail
  • Importance of transportation in the distribution of goods and services

Week 7: Mid-Term Break

Week 8: Transportation (Cont’d)

  • Challenges faced by transportation systems in commerce
  • Function of port and airport authority

Week 9: Second Tier Security Market (SSM)

  • Definition and role of the second tier securities market
  • Differences between the main stock exchange and the second tier market
  • How small and medium-sized enterprises (SMEs) benefit from the SSM

Week 10: Communication

  • Importance of communication in commerce
  • Forms of communication in business, including written and verbal
  • Impact of technology on business communication

Week 11: Revision

Week 12: Examination

Week 13: Closing

SSS 2 COMMERCE Third Term Scheme of Work

Week 1: Communication (Cont’d)

  • Role of effective communication in business success
  • Barriers to effective communication and how to overcome them
  • Means of telecommunication

Week 2: Profit

  • Definition of profit and its importance to businesses
  • Types of profit: gross profit and net profit
  • How businesses calculate and maximize profit

Week 3: Turnover

  • Definition of turnover and its relevance in business performance
  • Factors affecting turnover in businesses
  • Case studies on how businesses improve turnover

Week 4: Insurance

  • Review of insurance concepts covered in the second term
  • The role of insurance brokers and underwriters
  • Challenges facing the insurance industry

Week 5: Insurance (Cont’d)

  • Further discussion on specialized types of insurance, such as fire and burglary insurance
  • Case studies of insurance companies in Nigeria

Week 6: Banking

  • Definition and types of banks: commercial, merchant, and central banks
  • Functions of banks in facilitating commerce and industry
  • The role of banks in providing loans and credit facilities

Week 7: Mid-Term Break

Week 8: Banking (Cont’d)

  • The regulatory framework of banking in Nigeria
  • Challenges facing the banking industry
  • Case studies on successful banking practices

Week 9: Warehousing II

  • Types and functions of warehouses in commerce
  • The importance of warehousing in maintaining a steady supply of goods
  • Challenges faced by warehousing operations

Week 10: Tourism

  • Definition and importance of tourism to the economy
  • Types of tourism: domestic and international
  • How tourism contributes to commerce and employment

Week 11: Revision

Week 12: Examination

Week 13: Closing

SSS 2 COMMERCE Recommended Textbook

  1. Comprehensive Commerce for Senior Secondary Schools by J. K. Oye
  2. Essential Commerce by M. O. Osunde
  3. “ntroduction to Commerce for Senior Secondary Schools by A. Adeola

RECAP

Throughout SSS 2, Commerce takes you on a comprehensive journey through career opportunities, cooperative societies, and trade associations. 

You explore the inner workings of public enterprises and limited companies, learning how they shape commercial activities. 

In the second term, you dive into consumer protection, insurance, and the stock exchange, gaining insight into the importance of advertising and transportation. 

By the third term, you investigate banking, warehousing, and tourism, rounding off a well-rounded commercial education.

DISCLAIMER: Everything on this page is based on our research of what is obtainable for schools in all the states in the country, including government and some private schools. Schemes of work normally undergo a series of reviews and some schools modify them to suit their specific needs. 

While we do all our possible best to keep up with the latest and approved schemes of work in the country, check the specific template your school uses. For example, some private secondary schools integrate the British curriculum. If you teach in such schools, expect to see slight changes to what we offer on this page. If you have any questions or require personalised support, kindly feel free to contact us.

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