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प्रश्न
Attempt the following.
State the role of auxiliaries to trade in trading activities.
उत्तर
Role of auxiliaries to trade:
- Auxiliaries to trade are all the services which help trade.
- Trade means buying and selling of goods. However, buying and selling is not possible unless it is supported by different services which will make the trade easy.
- There are different auxiliaries or services which support buying and selling. They are transport, warehousing, banking, insurance, advertising, etc.
- These services help the trader as well as the buyers. They remove the hindrances in the process of distribution and ensure the smooth flow of goods from the manufacturer to the consumer.
- In the modern world, manufacturers and consumers stay away from each other. It becomes very difficult for the manufacturer to contact the buyers and sell goods directly to them.
- In this regard auxiliaries to trade help in establishing a link between the manufacturer or seller to consumer.
APPEARS IN
संबंधित प्रश्न
Select the correct option and rewrite the sentence.
The raw material is converted into finished product by ______ industry.
Select the correct option and rewrite the sentence.
Commerce is a branch of _______
Give one word/phrase/term.
The type of industries that creates immovable wealth.
Give one word/phrase/term.
Name the business activity which is concerned with distribution of goods and services.
Find the odd one.
______ includes marketing of goods and services.
Complete the sentence.
Business is an _______ activity.
Complete the sentence.
In ________ trade, goods are purchased and sold in bulk.
Select the correct option.
| Group A | Group B |
| Trade between different countries | _________________ |
Select the correct option.
| Group A | Group B |
| ______________________ | Selling of goods and services to foreign customer |
Select the correct option.
| Group A | Group B |
| ______________________ | Link between producer and retailer |
Answer in one sentence.
What is primary industry?
Answer in one sentence.
What do you mean by genetic industry?
Distinguish between:
Industry and Commerce.
Answer in brief.
State any two types of primary industry.
Justify the following statement.
Transport creates place utility.
Justify the following statement.
Industrial activities take place before commerce starts its role.
Justify the following statement.
Available resources should be used to its maximum.
Justify the following statement.
Wholesaler is a link between retailer and manufacturer.
