Basics of Commerce A Complete Study

In a single course, learn Internal Trade, International Trade, Transport, Warehousing, Banking, Insurance, Advertising.

Take this Course for $21
Welcome to this course on Basics of Commerce A Complete Study.
The very first disclaimer: This is an Academic Oriented Course with an intention to enable the student to understand the various aspects of Commerce so that they can prepare themselves for various academic examinations.
In this course, you are going to understand as to What is Commerce and its related aspects. But why we should understand What is Commerce?
"In Modern world, we are enjoying a very happy life and good standard of living because of development of commerce. Commerce provides all the things that are required to lead a happy life. Commerce refers to those activities which are necessary to bring goods and services from the place of their origin to their place of consumption."
So, what you will learn in this course?
In this course, you will learn the following:
Section 1: Introduction to Commerce:
Meaning of barter system - definition of commerce -business-industry-trade-hindrances of trade-branches of commerce.
Section 2: Internal Trade - Small Scale Retail Organisation:
Home trade - wholesale and retail trade - middle men types of small retail organisation - street stalls - second hand goods dealers - speciality shops
Section 3: Internal Trade - Large Scale Retail Organisation:
Types of large scale retail organisation - departmental stores - features - merits - demerits - multiple shops meaning - definition -features - consumer co-operative storesmail order business - hire purchase and instalment system - recent developments - web marketing -E-commerce - Tele shopping
Section 4: International Trade:
International trade - meaning - need - merits and demerits - differences between home trade and foreign trade - types of foreign trade - import, export, entrepot trade with examples - import trade - procedure - intermediaries involed in import trade - indent house - clearing agents - export trade - procedure - intermediaries involved in export trade -
commission agents - export and trading houses - globalisation multinational company - WTO.
Section 5: Transport
Meaning of transport - importance of transport functions of transport - types of transport - land - water - air - merits -
demerits - private and public carrier - containerisation - documents used in transport - bill of lading - charter party -
way bill - railway receipt - air way bill
Section 6: Banking
Need for banking - meaning of bank - kinds of banks - commercial banks - central bank - functions of commercial banks - co-operative banks - indigenous bankers - Reserve Bank of India - functions - internet banking and EFT (electronic funds transfer ) cheque - definition - features - MICR cheques - crossing - kinds - endorsement - meaning - kinds of endorsement - dishonour of cheque - reasons - ATM card - credit card.
Section 7: Warehousing
Need of warehousing - meaning of warehouse and warehousing - functions of warehousing - kinds of warehousing - private - public - co-operative - bonded - advantages - warehousing documents - warehouse warrant - dock warrant - dock receipt - delivery order - warehouse keepers receipt - warehousing in India and in Tamil Nadu.
Section 8: Insurance:
Necessity of insurance - meaning of insurance - insurance - assurance difference - principles of insurance - forms of insurance - life insurance - kinds of life policies - surrender value and nomination - fire insurance - marine insurance - burglary insurance - mediclaim policy - privatisation of insurance - meaning - need and benefits.
Section 9: Advertising:
Meaning of advertising - objectives of advertising - merits and demerits - media of advertising - press, indoor
advertising , news paper, magazines, journals, radio & T.V outdoor advertising - film, window display - web
advertising or internet advertising.
Section 10: Salesmanship and Consumerism:
Meaning of salesmanship - definition - importance of salesmanship - consumerism - meaning - consumers
exploitation with examples - rights and duties advocated by - a) Mahatma Gandhi - b) John F. Kennedy - consumer
protection councils - national - state - district - procedure for making complaint - role of government in protecting the
interest of consumer.
How this course is structured?
This course is structured in self paced learning style. Video lectures (screencast) are used for explaining the concepts.
Any Prior Knowledge is required?
No Prior knowledge is required for taking this course.
What are the basic equipment required for this course?
PC / Laptop / Tab / Mobile (Android / iOS) with good Internet Connection.
Content update:
As on 22nd December, 2016:
35 Lectures have been uploaded and remaining lectures as described above will be added in the following days.

Course Curriculum

Introduction to Commerce
Barter System and its difficulties
Money as Medium of Exchange and Wheel of Commerce
Definition of Commerce
Nature of Commerce
What is Business?
Industry and its various classifications
Trade and Hindrances of Trade
Branches of Commerce
Commerce and Trade
Difference between Trade, Business and Industry
Why Commerce is so important?
Trade and its Classifications
Classification of Trade Explanation
Channel of Distribution in Home Trade
Factors of Channel of Distribution
Middle Men (Mercantile Agents)
Merchant Middle Men
Wholesales and their Characteristics
Functions of Wholesalers
Difference between Factors and Brokers
Services provided by Wholesalers to Producers and Retailers
Retail Traders and their Functions
Services provided by Retailers to Wholesalers and Customers
Difference between Wholesaler and Retailer
Various types of Retailers
Introduction to Internal Trade Large Scale Retail Organisation
Departmental Store, Features and Type of Organisation
Advantages and Disadvantages of Departmental Store
Multiple Shops and its Features
Advantages and Disadvantages of Multiple Shops
Difference between Departmental Store and Multiple Shops
Consumer Co-Operative Stores
Advantages and Disadvantages of Consumer Co-Operative Stores
Mail Order Business Houses
Advantages and Disadvantages of Mail Order Business Houses
Introduction to International Trade
Meaning and Features of International Trade
Merits and Demerits of International Trade
Difference between Home Trade and Foreign Trade
Import Trade and its General Procedures
Intermediaries involved in Import Trade
Export Trade and General Procedures Part I
Export Trade and General Procedures Part II
Export Trade and General Procedures Part III
Intermediaries involved in Export Trade
Entrepot trade, Features and need
Globalisation, merits and demerits
Multi National Companies, Merits and Demerits
World Trade Organisation
Introduction to Banking
Meaning of Bank
Different Kinds of Bank
Classification of Banks
Classification of Banks based on Ownership
Classification of Banks based on Schedules
Indigenous Banker
Functions of Commercial Bank
Primary Functions of Banks
Secondary Functions of Bank
Cooperative Banks
Primary central state co operative banks
RBI and its Objectives
Functions of RBI
Credit Control Functions
Internet Banking
Cheque
Crossing of Cheque and its different kinds
Dishonour of Cheque
Endorsement and its types
Introduction to Transport
Definition, Importance and Fucntions of Transport
Types of Transport Part I (Motor Transport)
Types of Transport Part 2 (Tramways)
Types of Transport Part 3 (Railways)
Types of Transport Part 4 (Water - Inland)
Types of Transport Part 5 (Water - Ocean)
Types of Transport Part 6(Air Transport)
Common Carrier and Private Carrier
Containerisation
Bill of Lading
Charter Party and Way Bill
Railway Receipt and Air Consignment Note
Introduction to Insurance and Assurance
Difference between Insurance and Assurance
Principles of Insurance
Life Insurance
Kinds of Life Policies
What is Surrender Value?
What is Nomination?
What is General Insurance?
Advertising - Introduction and Meaning
Objectives of Advertising
Benefits of Advertising
Disadvantages of Advertising
Media of Advertising
Indoor Advertising - Press Media
Radio Advertising
Television Advertising
Film Advertising
Outdoor Advertising
Direct Advertising
Promotional Advertising
Web Advertising
author

CA N Raja Natarajan

Instructor

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.