SIMPLIFIED BUSINESS STUDIES NOTES. DEMAND AND SUPPLY Meaning of demand Demand is the quantity of a product that buyers are willing and able to buy at a given price over a given period of time. DOWNLOAD THE PDF COPIES HERE; BUSINESS STUDIES NOTES FORM 1-4: UPDATED Factors that determine the demand for a product (determinants

TOPIC 1: FORMS OF BUSINESS UNITS TOPIC OBJECTIVES BUSINESS UNITS A business unit is an organization formed by one or more people with a view of engaging in a profitable activity. Business units are generally classified into private or public sector business units’ i.e DOWNLOAD ALL FREE BUSINESS STUDIES PDF NOTES HERE; BUSINESS STUDIES NOTES

BUSINESS STUDIES FORM ONE NOTES. INTRODUCTION TO BUSINESS STUDIES Objectives: By the end of the topic, the learner should be able to: Explain the meaning of Business studies Explain the importance of Business studies in society. Business: Any activity that is carried out by an individual or an organization concerning provision of goods and services

TOPIC: SOURCE DOCUMENTS AND BOOKS OF ORIGINAL ENTRY These are documents containing the information that makes basis of making entries in the books of accounts. They act as evidence that the transaction actually took place. They includes Cash sale receipt: – a document that shows that cash as been received or paid out of the