MEANING OF STOCK EXCHANGE Stock exchange market is a highly organised market where investors can buy and...
Year: 2022
MEANING OF PAYMENT Payment can be defined as the process or means of settling financial or business...
Wholesaling is a business activity which entails buying of goods in bulk from the producer and selling in...
Small scale retailing is retail trading with small scope of operations. Little capital can be used to...
Home trade is the act of buying and selling goods within a geographical area, usually a country....
Exchange is the process of giving out value in order to have something of value in return....
New trends have been introduced in retailing business because of the dynamic nature of commercial activities. In...
Retail co-operative society is a form of co-operative in which many small independent retailers pool their resources...
Discount Houses A discount house is a retailing business unit that features a large variety of products...
Mail Order Mail order is a form of large retailing in which buying and selling is carried...
Super Market A super market is a large retailing business unit selling mainly food and household items...
The departmental store is a collection of shops under one roof with ownership of each shop or...
Large scale retailers achieve their growth by increasing the physical size of their units to cater for...
MEANING OF OCCUPATION Occupation can be defined as any economic or productive activities which people engage in...
A consumer is an individual who makes the final use of goods and services provided by a...
MEANING OF BUSINESS Business can be defined as the sum total of all economic activities which people...
MEANING OF PUBLIC RELATIONS The British Institute of Public Relations defines public relations as: “a planned and...
Advertising can be defined as any paid form of non-personal communication which is directed to the customers...
THE EMPLOYER The employer is somebody or an institution that hires or provides work for another person...
DEFINITION OF NEGOTIABLE INSTRUMENT A negotiable instrument is a document evidencing an obligation which is transferable by...
DEFINITION OF SALE OF GOODS The Sale of Goods Act 1893 defines sale of goods as: ”...
DEFINITION OF AGENCY An agency can be defined as a legal relationship that exist between two parties,...
DEFINITION OF CONTRACT A contract can be defined as: “An agreement between two or more parties which...
Devaluation may be defined as the reduction in the value of the country’s currency in terms of...
Definition of Balance of Payments Balance of payments may be defined as the relationship between the sum...
MEANING OF TRADE ASSOCIATION Trade association is an association of traders or producers engaged in the same...
A carrier is a firm or organisation that specialises in transporting other people’s goods. Carriers can be...
The flower is the reproductive structure of flowering plants. It contains the male and female sex organs...
Adaptation is defined as the possession of the characteristics or traits or behaviour or structure or features...
Tolerance is the ability of living organisms to withstand or tolerate little unfavourable changes in the environment...
Decomposers Decomposers are fungi or bacteria which live saprophytically or feed on dead remains of plants, animals...
Ceramics Earthen material exists in many forms such as sand, clay, mud, stone, rocks, and so forth....
Identification of Metals There is a wide variety of metals. In fact about three-quarters of chemical elements...
Democracy is a system of government that allows all qualified citizens of a country to elect their...
Human rights are “rights and freedom to which all humans are entitled”. Such entitlement can exist as...
Meaning of Traffic Regulations Traffic regulations refer to motor vehicle traffic regulations (rules of the road). It...
Meaning of Interpersonal Relationships Interpersonal relationships are the mutual, reciprocal relationships or relatedness between and among people...
What is Public Service? This is the administrative unit of the government through which government’s day to...
Civil Society is composed of the totality of voluntary civic and social organisations and institutions that form...
The concept of the rule of law was made popular by Professor A.V. Dicey in his book...
Constitutional democracy is a form of representative government. It is a form of government that is made...
Slave trade was abolished in the late 18th century and early 19th (1807) century in the British...
Responsible parenthood suggests the responsibility of parents to guide, protect and provide for the basic needs of...
Nigeria is a society in which the use of mind-altering substances is fast becoming a central part...
Meaning of Human Rights Although, the earliest origin of human rights can be traced to the “magna...
Popular participation is defined as the act of taking active part in political activities publicly or in...
Meaning of Political Apathy Apathy means the feeling of not being interested in or enthusiastic about anything....
Capitalist is a person who supports capitalism or a person who owns or controls a lot of...
Meaning of Citizenship Education A citizen is a person who is born in a particular country. It...
What is Orderliness? Orderliness simply means a situation whereby citizens do things right in obedience to the...
