Lesson Notes By Weeks and Term - Junior Secondary School 2

TERM: 2nd TERM

SUBJECT: BUSINESS STUDIES                                

CLASS:  JSS 2

REFERENCE

• WABP Junior Secondary Business Studies 2 by Egbe Ehiametalor et’al.

WEEK SIX

TOPIC: Shopping Tips

CONTENT 

• Needs and Wants
• Difference between needs and wants
• Improve buying, needs and wants.
• Impulse buying and effects
• Aftersales services
• Warranty
• Installation

A need is something that is essential for a person to function effectively,it is a necessity to that person.. They are the basic necessities of life e.g food, clothing and shelther. Wants are mere wishes or desire to own goods and services but may not necessarily need. This desire may not be for the basic necessities of life e.g the desire to own a car or desire to build a house. Human wants are therefore numerous. 

EVALUATION

Define the following (i) Needs (ii) Wants.

READING ASSIGNMENT

WABP Business Studies JSS 2 by Egbe Ehiametalor Pg 91-94.

STEPS TO MAKE DECISIONS ABOUT NEEDS

1. Creating a list of items needed
2. Budget for each item
3. Separate essential ones from non-essential ones
4. Calculate all costs
5. Decide in advance exactly what you want and can afford
6. Get information from people on their experience about the product.
7. Get price quotation from different sellers.
8. Make sure the seller has appropriate license

EVALUATION 

List the steps involved in making a decision about needs.

READING ASSIGNMENT

WABP Business Studies JSS 2 by Egbe Ehiametalor pg91-94

IMPULSE BUYING:

This is the act of purchase without prior budget or planning.Itis buying an item suddenly and without thinking carefully. 

Effects:

1. Buying things not necessarily needed
2. Overspending
3. Indiscipline on the part of the buyer.
4. Tendency not to be able to buy the more important things.

EVALUATION 

What is impulse buying?

READING ASSIGNMENT

WABP Business Studies JSS 2 by Ehiametalor pg 91-94.

AFTERSALES SERVICES: 

This is the service provided to customers in the form of home delivery, installation and maintenance of goods bought from the shop.

WARRANTY:

A written guarantee given to the buyer of a new product by the manufacturer which specifies that manufacturer will make any repair or replace the faulty part free of charge for a period of time.

INSTALLATION:

An act or process of making a machine or service ready to be used in a certain place. It is an act of fixing equipment or furniture in position so that it can be used.

EVALUATION 

What is (i) warranty (ii) installation.

READING ASSIGNMENT

WABP Business Studies JSS @ by Ehiametalor pg 91-94.

GENERAL EVALUATION 

1. What is shorthand?
2. Define a typewriter.
3. Mention six parts of a typewriter.
4. Who is a receptionist?
5. Give a brief description of a reception office.

WEEKEND ASSIGNMENT

1. The desire to own goods and services that is primary to survival is ------ (a) want (b) purchases (c) sales (d) need.
2. An extra services provided by the seller after the buyer has purchased the goods is --- (a) warranty (b) aftersales service (c) guarantee (d) installation.
3. The process of making a machine ready to be used is ---- (a) warranty (b) branding (c) installation (d) packaging.
4. Buying commodities without prior planning is ------- (a) budget (b) auction buying (c) purchasing (d) impulse buying.
5. Human wants are ------- (a) few (b) expensive (c) numerous (d) satisfied.

THEORY

1. (a) Define impulse buying. (b) Mention three effects of impulse buying.
2. Define the following (a) warranty (b) installation (c) aftersales service.