Commerce 7100 Supplementary Study Notes 0
MINISTRY OF EDUCATION
LUSAKA PROVINCE
COMMERCE 7100
SUPPLEMENTARY STUDY TEXT
FOR GCE/‘O’ LEVEL
2nd Edition
NOT FOR SALE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 1
COMMERCE7100
SUPPLEMENTARY STUDY TEXT FOR GCE/ ‘O’ LEVEL
SECOND EDITION
Authors
Richard Fisonga, MBA Fin., ZiCATech, BBA Ed., Dip. Ed.
Head of Business Studies Department – Highland Secondary School,
Winner of the 2018 Outstanding Educator Initiative National Award in Financial Literacy,
Past Chairperson of the Business Studies Teachers Association of Zambia, Lusaka Province
James Gwenani, MBA Fin., ZiCATech, BBA Ed., Dip. Ed.
Deputy Headteacher - Arakan Boys Secondary School,
Formerly Head of Business Studies Department - Nelson Mandela Secondary School,
Past Chairperson of the Business Studies Teachers Association of Zambia, Lusaka Province
Past National Treasurer General for the Business Studies Teachers Association of Zambia.
Edgar Shiluwe, BBA Ed., Group Dip. Marketing, Dip. Ed.
Deputy Headteacher, Roma Girls Secondary School,
Formerly Head of Business Studies Department - Roma Girls Secondary School,
Winner of the 2018 Outstanding Educator Initiative National Award in Financial Literacy,
John Kaputula, MBA Fin., ZiCALic, BBA Ed., Dip. Ed.
Head Teacher, Mahatma Gandhi Combined School,
Formerly Head of Business Studies Department - Chilenje South Secondary School,
Past Vice Secretary General for the Business Studies Teachers Association of Zambia,
Lusaka Province
BUSINESS STUDIES TEACHERS ASSOCIATION OF ZAMBIA
LUSAKA PROVINCE
NOT FOR SALE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 2
©2022 BUSTAZ Lusaka Province
Commerce7100 - A Supplementary Study Text for GCE/’O’ Level 2nd Edition
The right of Richard Fisonga, James Gwenani, Edgar Shiluwe and John Kaputula as authors
of this work under the umbrella of the Business Studies Teachers Association of Zambia has
been asserted by them. This supplementary book is not for sale, however express permission
for free distribution and education purposes has been granted.
Disclaimer
Although the authors have made every reasonable effort to ensure that the information in this
book was correct at press time, they make no express or implied representation, with regard
to the accuracy of the content herein and hereby disclaim any legal responsibility or liability to
any party caused by errors or omissions. Note that some pictures of products and services
that are referred to may be either trademarks and/or registered trademarks of their respective
owners. The authors make no claim to these trademarks.
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 3
PROVINCIAL EDUCATION OFFICER’S STATEMENT
The Ministry of Education envisions to achieve access to high quality education across the
nation and Lusaka province is no exception. One of the main indicators of quality education is
Examination results to which the availability of quality books is irrefutably one of the main
contributing factors. There is therefore a need at all times to have material written with the
teacher and learner in mind and which adheres to the official syllabus and the associated
learner outcomes.
The production of this supplementary book by the BUSTAZ is one of the provincial initiatives
to improve teacher and learner performance in class assessments and National
Examinations. The book has been written in such a way as to meet these needs and ensure
that teachers and learners have access to up to date subject content. The association and
authors deserve commendation for the job well done.
This initiative started in 2018 when the first edition of this book was produced. The province
would therefore like to express sincere thanks to the then, Provincial Education Officer, Mr.
Paul Ngoma, the Principal Education Standards Officer Mrs. Grace Sinkolongo and the Senior
Education Standards Officer – Business Studies, Dr. John S. Chola, for the administrative
support given to the association.
I sincerely believe that this supplementary material will go a long way in achieving the goals of
the Ministry of Education and improve learner performance in Lusaka Province and beyond.
School administrators are therefore encouraged to distribute the material to teachers and
learners in hard and soft copy at no cost to the recipients.
Allan Lingambe PhD
Provincial Education Officer
LUSAKA PROVINCE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
MINISTRY OF EDUCATION
LUSAKA PROVINCE
COMMERCE 7100
SUPPLEMENTARY STUDY TEXT
FOR GCE/‘O’ LEVEL
2nd Edition
NOT FOR SALE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 1
COMMERCE7100
SUPPLEMENTARY STUDY TEXT FOR GCE/ ‘O’ LEVEL
SECOND EDITION
Authors
Richard Fisonga, MBA Fin., ZiCATech, BBA Ed., Dip. Ed.
Head of Business Studies Department – Highland Secondary School,
Winner of the 2018 Outstanding Educator Initiative National Award in Financial Literacy,
Past Chairperson of the Business Studies Teachers Association of Zambia, Lusaka Province
James Gwenani, MBA Fin., ZiCATech, BBA Ed., Dip. Ed.
Deputy Headteacher - Arakan Boys Secondary School,
Formerly Head of Business Studies Department - Nelson Mandela Secondary School,
Past Chairperson of the Business Studies Teachers Association of Zambia, Lusaka Province
Past National Treasurer General for the Business Studies Teachers Association of Zambia.
Edgar Shiluwe, BBA Ed., Group Dip. Marketing, Dip. Ed.
Deputy Headteacher, Roma Girls Secondary School,
Formerly Head of Business Studies Department - Roma Girls Secondary School,
Winner of the 2018 Outstanding Educator Initiative National Award in Financial Literacy,
John Kaputula, MBA Fin., ZiCALic, BBA Ed., Dip. Ed.
Head Teacher, Mahatma Gandhi Combined School,
Formerly Head of Business Studies Department - Chilenje South Secondary School,
Past Vice Secretary General for the Business Studies Teachers Association of Zambia,
Lusaka Province
BUSINESS STUDIES TEACHERS ASSOCIATION OF ZAMBIA
LUSAKA PROVINCE
NOT FOR SALE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 2
©2022 BUSTAZ Lusaka Province
Commerce7100 - A Supplementary Study Text for GCE/’O’ Level 2nd Edition
The right of Richard Fisonga, James Gwenani, Edgar Shiluwe and John Kaputula as authors
of this work under the umbrella of the Business Studies Teachers Association of Zambia has
been asserted by them. This supplementary book is not for sale, however express permission
for free distribution and education purposes has been granted.
Disclaimer
Although the authors have made every reasonable effort to ensure that the information in this
book was correct at press time, they make no express or implied representation, with regard
to the accuracy of the content herein and hereby disclaim any legal responsibility or liability to
any party caused by errors or omissions. Note that some pictures of products and services
that are referred to may be either trademarks and/or registered trademarks of their respective
owners. The authors make no claim to these trademarks.
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
, Commerce 7100 Supplementary Study Notes 3
PROVINCIAL EDUCATION OFFICER’S STATEMENT
The Ministry of Education envisions to achieve access to high quality education across the
nation and Lusaka province is no exception. One of the main indicators of quality education is
Examination results to which the availability of quality books is irrefutably one of the main
contributing factors. There is therefore a need at all times to have material written with the
teacher and learner in mind and which adheres to the official syllabus and the associated
learner outcomes.
The production of this supplementary book by the BUSTAZ is one of the provincial initiatives
to improve teacher and learner performance in class assessments and National
Examinations. The book has been written in such a way as to meet these needs and ensure
that teachers and learners have access to up to date subject content. The association and
authors deserve commendation for the job well done.
This initiative started in 2018 when the first edition of this book was produced. The province
would therefore like to express sincere thanks to the then, Provincial Education Officer, Mr.
Paul Ngoma, the Principal Education Standards Officer Mrs. Grace Sinkolongo and the Senior
Education Standards Officer – Business Studies, Dr. John S. Chola, for the administrative
support given to the association.
I sincerely believe that this supplementary material will go a long way in achieving the goals of
the Ministry of Education and improve learner performance in Lusaka Province and beyond.
School administrators are therefore encouraged to distribute the material to teachers and
learners in hard and soft copy at no cost to the recipients.
Allan Lingambe PhD
Provincial Education Officer
LUSAKA PROVINCE
NOT FOR SALE
Business Studies Teachers Association of Zambia – Lusaka Province
