BUSINESS STUDIES JS III SECOND TERM
SUB-THEME: CONSUMER AND THE SOCIETY

Note: This scheme contains performance objective, content, teacher and students activities as well as teaching resources.

Week 1: Revision of last term’s examination
Week 2: Consumer protection agency
Objective: Students should be able to:
(1) state the meaning of consumer protection agency
(2) need for consumer protection
(3) mention consumer protection agencies
(4) state the roles and responsibilities
of the consumer protection agencies

Content:
(1) Consumer protection agencies:

– meaning
– need
– regulators
(i) Consumer Protection Council (CPC)
(2) National Communication Commission (NCC)
(3) Standard organization of Nigeria (SON)
(4) National Electricity Regulatory
Commission (NERC)
(5) National Agency for Food and Drug
Administration and Control (NAFDAC)
(6) Roles and responsibilities of
consumer protection agencies
Teacher: (1) Explains the meaning and needs of consumer protection agency. (2) Discusses the regulatory
agencies in Nigeria. (3) Leads discussion on the roles and responsibilities of each consumer
protection agencies. (4) Write shortnote on the chalk board.
Students: Participate in discussions on the meaning of needs for consumer protection agencies
Resources: (1) Consumer protection education leaflets and brochures.
(2) Posters. (3) Relevant reading
materials.

Week 3: How to seek redress
Objective: Students should bebable to:
(1) define consumer rights
(2) define consumer redress
(3) list ways of seeking redress
(4) list the benefits of providing redress.

Content:
(1) Meaning of consumer rights and
redress.
(2) Ways of seeking redress
(3) Benefits of providing redress
Teacher: (1) Explains the meaning of redress. (2) Guides students to state benefits of seeking redress. (3) Leads discussion on ways of providing redress to consumers.
Students: (1) Listen and participate on class discussion. (2) Share
experiences on the provision of redress.
Resources: (1) Relevant reading
materials. (2) Samples of laws e.g NERC, NAFDAC, NCC laws

Week 4: How to make complaints
Objective: Students should be
able to:
(1) explain what a complaint is;
(2) distinguish between a justified
and unjustified complaint;
(3) state the steps in lodging complaint
(4) write a letter of complaint.

Content:
Meaning of;
(1) Complaint
(2) Justified complaint
(3) Unjustified compliant
(4) steps in lodging a Complaint
(5) Writing a complaint letter
Teacher: (1) Explains the meaning of
compliant. (2) Discussion on difference between justified and unjustified consumer complaint.
(3) Discuss steps in lodging consumer
complaint. (4) Directs students to write a consumer complaint letter
Students: (1) Participate in defining a compliant. (2) Distinguish between justified and unjustified consumer
complaint through roleplaying
(3) Participate in discussion on steps in lodging consumer complaint. (4) Write a complaint letter
Resources: (1) Flop charts (2) Cardboard sheet. (3) Marker (4) Pictures. (5) Sample of a complaint letter for seeking redress.

Week 5: Personal finance

Objective: Students should be able to:
(1) explain the meaning of personal
finance;

(2) state the uses of personal budget;
(3) manage personal funds and keep records of expenditure.

Content:
(1) Meaning of personal finance
(2) Sources of finance for
individuals.
(3) Consumption and choice
(4) Scale of preference
(5) Preparation of individual budget.
Teacher: (1) Defines personal finance.
(2) Identifies good consumption habits. (3) Shows how to record personal expenses. (4) Illustrates how
to keep expenditure within means
(5) Prepares a simple sample budget.
Students: by(1) Define personal finance. (2) List sources of fund. (3) Identify areas of expenditure. (4) List needs and priorities. (5) Practice budgeting for individuals. (6) Prepare simple personal budget.
Resources: (1) List of commodities
(2) Chalkboard. (3) Charts. (4) posters
(5) cartoons

Week 6: Forms of trial balance
Objective: Students should be able to:
(1) identify the forms of trial balance
(2) draw the forms of trial balance

Content:
Forms of trial balance:
– Trading
– Profit and loss account

– Balance sheet
Teacher: (1) Demonstrates the forms of trial balance. (2) Supervises student to practice the forms of trial balance.
Students: Practice drawing the forms of trial balance.
Resources: (1) Ledger, (2) Paper, (3) Ruler, (4) Chalk, (5) Chalkboard, (6) sample of trial balance.

Week 7: Trial balance

Objective: Students should be able to:
(1) explain the meaning of a trial balance;
(2) state the functions of trial balance;
(3) extract balances from ledgers to form trial balance.

Content:
(1) Trial balance
– Meaning
– Uses
(2) Balances that form the trial balance.
(3) Formation of trial balance from
ledger.
(4) Identification of balance sheet
items on the trial balance.
Teacher: (1) Demonstrates balancing of ledger and forming trial balance
(2) Guides students to prepare the trial balance. (3) Supervises the students to practice trial balance. (4) Distinguishes between the profit and
loss items in the trial balance. (5) Guides students to identify balance sheet items on the trial balance.
Students: (1) Practice balancing of
accounts. (2) Prepare a trial
balance. (3) List the functions of trial
balance. (4) Identify items of balance sheet on the trial balance.
Resources: (1) Ledgers, (2) Chalkboard, (3) Chalk, (4) Rulers
(5) Exercise for practice.

Week 8: Trading, profit and loss account
Objective: Students should be able to:
(1) state the purpose of trading, profit and loss accounts
(2) calculate the cost of goods sold
(3) determine net sales
(4) determine net profit or loss and gross profit
(5) outline the rules for the construction of a simple profit and loss account.

Content:
(1) Purpose of trading, profit and
loss accounts.
(2) Trading accounts
(3) Profit and loss account
(4) Rules for constructing simple profit and loss account.
Teacher: (1) Guides students in
determining cost of goods sold, net sales and gross profit or loss
(2) Prepares trading accounts
(3) Prepares profit and loss account
(4) Explains the rules for constructing profit and loss account.
Students: (1) Identify items on trading and profit and loss accounts. (2) Practice exercises in calculating cost of goods sold, net sales and gross
profit. (3) Practice exercises in the
preparation of trading, profit and
loss accounts.
Resources: (1) Ledgers, trading profit and loss accounts. (2) Rulers. (3) Chalkboard. (4) Samples of practiced problems and exercises. (5) Relevant
textbooks/work books.

Week 9: Balance sheet

Objective: Students should be able to:
(1) explain the meaning of balance sheet. (2) state the items in a balance sheet. (3) State the uses of balance sheet. (4) classify assets into fixed and current (5) distinguish capital from liabilities.
(1) Balance sheet

– Meaning
– Content

– Uses
(2) Classification of items:

– Assets
– Capital

– Liabilities
(3) Preparation of simple balance
sheet
Teacher: (1) Explains the meaning of a balance sheet. (2) Explains the uses of balance sheet. (3) Identifies the items and balance sheet. (4) Prepares a balance sheet from trial balance.
Students: (1) Define a balance sheet
(2) List contents of balance sheet
(3) Define assets, liabilities and capital. (4) Prepare balance sheet.

Resources: (1) Trial balance. (2) Ruler
(3) Chalk. (4) chalkboard. (5) exercises

Week 10: Business letters
Students should be able to:
keyboard business letters

Content:
Parts of a business letter.
– Heading
– Opening
– Body
– Closing
– layout
Teacher: (1) Explains what business letters are. (2) Discuss business letter layout and styles. (3) Pastes different business letters on the chalk board.
Students: Practice writing business letter in different layout and styles.
Resources: (1) Charts on different layouts. (2) chalk (3) chalkboard.
11&12 REVISION/EXAMINATION

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