COMMERCE FORM 3 SYLLABUS

Define the term transportation

Explain the different modes of transport (road transport, rail way, water, air and pipe-line)

Point out the advantages of each of the modes

Distinguish the various transport documents

Explain the various factors that determine choice of mode of transport

Define the term communication

Explain the nature of communication

Show the importance of communication to business

Identify the various types (divisions or classifications) of communication

Point out the factors that influence choice of communication media

Define the term “market” from “marketing”

Identify the various types of markets

Explain product planning and development

Explain Branding

Explain Grading

Explain Standardizing

Explain packing and packaging

Explain Market research

Explain Merchandising

Explain the term “advertisement”

Point out the various types of advertisements

Mention the advantages and disadvantages of advertisements

Explain the factors to be considered when choosing advertising Media

Explain the different types of marketing institutions in Tanzania e.g. BET, chamber of commerce

Expalin the historical background of money

Define the term “barter system”

Point out merits and demerits of “barter system”

Give a definition of “money”

Mention the functions of money

Distinguish inflation from deflation

Explain the historical background of banking

Explain the types and functions of banks

Identify the various bank accounts and how they operate

Differentiate the main means of payments: Cheques; Bills of exchange; Promissory notes; Postal orders

Explain the meaning of international trade

Point out how international trade arises

Mention the advantages and disadvantages of international trade

Differentiate visible from invisible trade

Distinguish between balance of trade and balance of payments

Explain the meaning and importance of import trade

Identify the main organizations involved in import trade in (Tanzania)

Differentiate, the two types of imports direct and indirect

Explain the import procedure and formalities with special emphasis on: Documentation; term of payment; Terms of delivery

Explain the meaning and importance of export trade

Identify the organization involved in the export trade

Mention the documents for export and the export procedures in Tanzania