NOTES - COMMERCEIETS

HOW TO HANDLE A CRISIS IN AN ORGANISATION – EFFECTIVE CRISIS MANAGEMENT

September 11, 2025September 11, 2025 commerceiets No Comments

Introduction Crisis management is the process by which an organization prepares for, responds to, and recovers from unexpected events that threaten its operations, people, reputation, or financial stability. In today’s dynamic business environment, crises such as natural disasters, cyberattacks, product failures, financial breakdowns, or public relations issues can arise suddenly and cause significant disruption. Effective…

BUSINESS MANAGEMENT

HOW DOES MANAGEMENT AFFECT AN ORGANISATION PERFORMANCE – 8 POINTS EXPLAINED

September 10, 2025September 10, 2025 commerceiets No Comments

INTRODUCTION Management is the backbone of every successful organization. It is the process of planning, organizing, directing, and controlling resources to achieve organizational objectives. Effective management not only ensures that day-to-day operations run smoothly but also positions the organization for long-term growth and sustainability. Poor management, on the other hand, can lead to wasted resources,…

BUSINESS MANAGEMENT

ACCT M50 PRINCIPLES OF INCOME TAXATION PRACTICE EXAM | FREE SOLVED ANSWERS

September 3, 2025September 5, 2025 commerceiets

With respect to the Income tax formula, which of the following statements is correct? With respect to the Income tax formula, which of the following statements is correct? Multiple Choice The correct statement is: C. Certain deductions from income are permitted before calculating tax liability. Explanation: The income tax formula generally involves calculating taxable income…

ACCT M50 PRINCIPLES OF INCOME TAXATION

PLACE OF COMMERCE IN SECONDARY SCHOOL CURRICULUM FOR THE HOLISTIC DEVELOPMENT OF THE STUDENTS

July 20, 2025July 20, 2025 commerceiets

COMMERCE IN SECONDARY SCHOOL CURRICULUM FOR THE HOLISTIC DEVELOPMENT OF THE STUDENTS Commerce plays a vital role in the secondary school curriculum as it contributes significantly to the all-round or holistic development of students. The subject does not merely teach trade and business, but also nurtures a range of life skills, attitudes, and practical knowledge…

PEDAGOGY OF COMMERCE

CORRELATION BETWEEN COMMERCE AND MATHEMATICS

July 17, 2025July 17, 2025 commerceiets No Comments

CORRELATION BETWEEN COMMERCE AND MATHEMATICS Meaning of Commerce Commerce refers to the exchange of goods and services between individuals or entities and includes all activities that facilitate this exchange such as trade, banking, insurance, and transportation. ACCORDING TO JAMES STEPHENSON “Commerce is the sum total of those processes which are engaged in the removal of…

PEDAGOGY OF COMMERCE

Management Information System and Commerce – How they are inter-related?

July 17, 2025July 17, 2025 commerceiets

Relationship of Management Information System and Commerce Meaning of Commerce Commerce refers to all activities involved in the exchange of goods and services, from the producer to the final consumer. It is a part of business which deals with distribution and exchange and includes trade (buying and selling), along with aids to trade such as…

PEDAGOGY OF COMMERCE

CORRELATION BETWEEN COMMERCE AND ECONOMICS – B.ED NOTES

July 13, 2025July 13, 2025 commerceiets No Comments

COMMERCE AND ECONOMICS Meaning of Economics Economics is the social science that studies how individuals, businesses, and governments make choices when faced with limited resources. It focuses on the production, distribution, and consumption of goods and services. Economics helps us understand how economies work, how wealth is created, and how financial decisions are made. It…

PEDAGOGY OF COMMERCE

CORRELATION BETWEEN COMMERCE AND PUBLIC ADMINISTRATION

July 12, 2025July 12, 2025 commerceiets

CORRELATION BETWEEN COMMERCE AND PUBLIC ADMINISTRATION Meaning of Public Administration Public Administration refers to the activities carried out by the government to implement laws, policies, and services for the benefit of the public. It includes planning, organizing, directing, and controlling government operations. ACCORDING TO WOODROW WILSON (1887) “Public Administration is the detailed and systematic execution…

PEDAGOGY OF COMMERCE

CORRELATION BETWEEN COMMERCE AND LANGUAGE – DETAILED NOTES

July 10, 2025July 10, 2025 commerceiets No Comments

CORRELATION BETWEEN COMMERCE AND LANGUAGE Meaning of Commerce Commerce refers to the exchange of goods and services, especially on a large scale. It includes all activities that directly or indirectly help in the smooth flow of goods from producers to consumers. It is a branch of business that facilitates trade through various services such as…

PEDAGOGY OF COMMERCE

Understanding the Correlation Between Commerce and Social Studies

July 10, 2025July 10, 2025 commerceiets

Correlation between Commerce and Social Studies Meaning of Social Science Social Science is the study of human society and how people behave in groups. It includes subjects like history, geography, economics, political science, and sociology. It helps us understand how people live, work, and make decisions in society. ACCORDING TO CHARLES BEARD “Social Science is…

PEDAGOGY OF COMMERCE