Hello and welcome!
ASSURE Educational Services has put-together the scheme of work on Store Management – SS1, SS2 and SS3 based on the National Curriculum and the syllabus of WAEC and NECO. All the topics highlighted in the National Curriculum and the syllabus of WAEC and NECO have been accommodated in our Scheme of Work.
End of term Assessment Tests in SS1, SS2 and SS3 alongside Overall Assessment Tests are available. Schools may adopt our scheme of work because of its simplicity and ease of monitoring of academic activities.
The Scheme of Work stated below is inexhaustible. Schools are encouraged to input weeks and periods of completion of topics in accordance with the academic calendar, number of students and available classes.
SS1 Store Management – 1st Term Scheme of Work
|SS1||1st Term||Introduction to Store Management||Store Management||(i) Meaning of store management;
(ii) Importance of store management;
(iii) Functions of a store manager;
(iv) Characteristics of a store manager;
(v) Customer services:
– pre sale services
– after sale services
|Functions of Management||(i) Planning;
|Factors to be considered in establishing a store||Market, Finance, types of stock, transport, accessibility, security, government regulation and personel.|
SS1 Store Management – 2nd Term Scheme of Work
|SS1||2nd Term||Concepts of retailing and wholesaling||Retailing||(i) Definition;
(ii) Functions of a retailer;
(ii) Functions of a wholesaler;
|Warehousing||– Meaning of warehousing
– types of warehousing;
– importance of warehousing;
– means of transportation;
– advantages and disadvantages of each means of transportation;
– factors that will determine the choice of transport.
|Stock Control||Introduction to Stock Control||(i) Meaning of stock control;
(ii) Importance of stock control;
(iii) Types of stock records-Stock list, Bin card/ Store
Card, Store requisition form and Delivery notes.
|Methods of Stock Control||(i) Manual method;
– Periodic, perpetual and annual stock taking.
(ii) Computerized method;
(iii) Levels of stock control;
– maximum level.
– minimum level.
– reorder level.
(iv) Issuing of stock:
– FIFO and LIFO.
|Pricing||(i) Definition of pricing;
(ii) Types of pricing;
– below or above mark pricing
SS1 Store Management – 3rd Term Scheme of Work
|SS1||3rd Term||Organizational policy||Organizational Policy||(i) Definition;
(ii) Employment policy;
– customer services
– public relations
|Organizational Standards||(i) Definition of standards;
(ii) Productivity standards;
(iii) Standard for customer’s satisfaction.
|Organizational Culture||(i) Definition of culture;
(ii) Explanation of organizational culture;
– attitude to customers
– relationship with co-workers
– relationship with the Boss
– dress code
SS2 Store Management – 1st Term Scheme of Work
|SS2||1st Term||Business Communication||Overview of Communication||(i) Definition of communication;
(ii) Types of communication;
– oral, written and non-verbal.
(iii) Business documents;
– letters, memos, reports and circulars.
|Electronic Communication||(i) Definition of communication;
(ii) Means of communication
– fax, telephone, email, radio messages.
(iii) Word Processing – Using computer to write business letter.
|Business Law||Overview of Basic Business Law||definition|
|Law of contract||– elements of contract.
– Rights and obligations of employer and employee.
(ii) Types of agents;
(iii) Creation of agency;
(iv) Rights and obligations of principals/agents
|Sale of Goods Act||(i) Contract of sale;
(ii) Formalities of sale;
|Government Regulation of Business||Meaning and uses of :
(i) Patent right;
(ii) Copy right;
(iii) Trade mark.
(i) Health and Safety at Work Act.
(ii) Consumer protection agency
|Government Regulatory Agencies||– NAFDAC, NDLEA, SON|
SS2 Store Management – 2nd Term Scheme of Work
|SS2||2nd Term||Record Keeping||Documentation||(i) Definition of filing and indexing;
(ii) Rules of filing;
(iii) Filing and indexing method.
|Source document||(i) Meaning;
(ii) Types – Invoice, receipts, cheques, vouchers
|Trade Documents||(i) Documents used in foreign trade;
Bills of Lading, Certificate of Origin, Consular invoice, Insurance certificate, inspection certificate, Bill of Exchange, Indent, Letter of Credit, Proforma invoice
(ii) Documents used in home trade.
Order, Enquiry, Waybill, Consignment note, Manifest, invoice, proforma invoice Receipts, Credit and Debit note, Vouchers
|Book Keeping||Subsidiary Books||– Meaning, Types, Uses, Purchase and Sales day book, Returns outwards/inwards books, Cash books.|
|Imprest System||(i) Definition and description of the imprest system;
(ii) Preparation of petty cash book.
|Final Accounts||(i) Definition and purpose;
(iii) Simple Trading, Profit and Loss Account and Balance sheet.
|Sales / Turnover||(i) Meaning;
(ii) Calculation of rate of sales turnover.
SS2 Store Management – 3rd Term Scheme of Work
|SS2||3rd Term||Risk Management||Risk Management||(i) Definition;
(ii) Methods of risk management.
– Sound management practices
– Reduction of risks – optimum stock level
– Risk transfer through insurance
|Handling Finances of the Store||Capital Investment||– Meaning
– investment in capital market;
– functions of Stock Exchange;
– advantages of share holding.
|Money market instruments||– Meaning
– treasury bill;
– commercial papers;
|Taxation||Meaning of tax;
(ii) Importance of tax;
(iv) Types of tax – Income tax, Import duties, excise duties, VAT
SS3 Store Management – 1st & 2nd Term Scheme of Work