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Saturday 17 October 2020

FBISE HSSC PRINCIPLES OF COMMERCE REDUCED SYLLABUS-fusion stories

 

FBISE HSSC I REDUCED SYLLABUS

PRINCIPLES OF COMMERCE

1. Introduction

 Definition of Commerce, its importance and scope. Branches of commerce, Trade,

 Insurance, Finance, Marketing, Warehousing and Industry, Essentials of establishing a

 business house and qualities of a good businessman

2. Types of Commercial Organizations

 a. Sole Proprietorship:

 Definition, Features, merits and demerits

 b. Partnership:

 Formation Features, Partnership Agreement/Deed Advantages, Disadvantages and

 Dissolution

 c. Joint Stock Company/Corporation:

 Special Feature, Kinds, Formation; Memorandum of Association, Articles of

 Association, Certificate of Registration, Prospectus, Certificate of

 Commencement of Business, management: share holders, Directors and

 Managing Director, Winding up

 d. Cooperative Society:

 Features, kinds, advantages and disadvantages; Basic concepts of Musharqa,

 Mudarba

4. Trade

 Kinds:

a. Home Trade:

 Whole sale, Retails, Middlemen

b. Foreign Trade

Import:

 Import procedure, documents used

Export:

 Export procedure, documents used and role of Export Promotion Bureau

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