The chain of production, types of production, and commerce as the aids to trade.
Sole traders, partnerships, limited companies, co-operatives, public corporations and multinationals, plus liability and the public/private sectors.
Home and foreign trade, imports and exports, and the documents used in trade.
The functions of wholesalers and retailers and the different types of retail outlet.
Online trading, methods of payment, and modern retailing developments.
The documents used in a trade transaction and their purposes.
Modes of transport, choosing the right mode, and containerisation.
The functions and types of warehouse, and stock control.
The purposes and types of advertising, media choice, and sales promotion methods.
The functions of money, bank accounts and services, and the role of the central bank.
Short-, medium- and long-term finance, and choosing the right source.
The principles of insurance, types of cover, and how insurance helps trade.
Methods of communication and their uses, and how consumers are protected.