commerce trade aids to trade home trade foreign trade transport banking communication insurance...
DESCRIPTION
BANKINGBANKING Banks facilitate trade and production. Example: loans.TRANSCRIPT
COMMERCE
TRADE AIDS TO TRADE
HOME TRADE
FOREIGN TRADE
TRANSPORT
BANKING
COMMUNICATION
INSURANCE
WAREHOUSE
ADVERTISEMENT
oCOMMERCE consist of activities that involve the transfer of goods from producer to the
consumer.
HOME TRADEIs carried out among the people of the country itself.
FOREIGN TRADEinvolve trade between the people from one country and those from the rest of the world.
T R A D EBuying and selling of goods to make profit.
BANKING Banks facilitate trade and production.
Example: loans.
TRANSPORT With transportation, it is much easier for the
materials and finished goods to be moved from various sources through many stages until they reach the consumer.
COMMUNICATION
It is very important for all the traders and all commercial functionaries to transmit and receive commercial information. Examples: telephone, internet, fax machine, etc.
INSURANCE Insurance
companies provide protections and absorb some of the risks in trading.
Businesses may be able to claim indemnity in the event of a loss.
WAREHOUSE Warehouses
provide storage facilities for goods after processing or manufacturing, or purchase so that they can be sold later.
ADVERTISEMENT The purpose of
advertising the goods is to inform and remind consumer the availability of the particular brands of the goods and services and try to persuade them to buy.