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