Categories
Commerce

Small scale retailing – All you need to know

CONTENT Itinerant trading Other types of small scale retailing Reasons for the existence of many small scale retail businesses in […]

Categories
Commerce

Retail Trade and setting up retail business

CONTENT Definition of Terms Characteristics of the Retailer Functions of the Retailer          Factors to be considered while setting up […]

Categories
Commerce

Division of labour, Specialization and Exchange

CONTENT Definition of terms Advantages and disadvantages of Division of Labour/ Specialization Limitation of Division of Labour Division of Labour […]

Categories
Commerce

Production, goods and entrepreneur in Commerce

CONTENT TYPES OF GOODS CLASSIFICATION OF PRODUCTION FACTORS OF PRODUCTION THE PROCESS OF PRODUCTION DEFINITION OF PRODUCTION Production is the […]

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Commerce

Commodity exchange and the it’s use in the cooperate world

Benefits of Commodity Exchange The following are the major benefits or importance of commodity exchange. They also entail the roles […]

Categories
Commerce

what is a Commodity

Commodity is any good or material produced to satisfy wants or needs. Commodities may also be defined as materials or […]

Categories
Commerce

Meaning of Tariff in business

Import tariff which is also called import duty, is the tax levied on goods imported into the country. The tax […]

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Commerce

What is foreign trade

Foreign trade which is also called international trade, external trade refers to buying and selling across the border of a […]

Categories
Commerce

who is a Wholesaler and Wholesale Trade

A wholesaler is a trader who buys goods in bulk or in large quantities from the producer/manufacturer and sells in […]

Categories
Commerce

How Public enterprises work

A public enterprise is a business set up and managed by government with the sole aim to provide essential services […]