VISUAL VIDEO CLIP
PART ONE
PART TWO
TOPIC: CHANNELS OF DISTRIBUTION
Performance objectives
By the end of this lesson the students will be able to
1 describe the channel of distribution from manufacturer to the consumer.
2 outline the functions of wholesalers and retailers
3 state the role of government agencies in product distribution
4 identify the problems of distribution
CHARACTRISTICS OR QUALITIES OF GOOD MONEY
For a commodity to serve as a good medium of exchange, it must possess the following characteristics: -
MONEY
Money is anything that generally accepted as a medium of exchange and for settlement of debt. It can also be define as any commodity that is generally accepted as a medium of exchange.
Development of Money
