2. Rajiv wants to start a whole sale business of readymade garments, but he is hesitating as it involves
various problems such as searching for customers, for moving goods from place of production to
market, informing customers about new designs and varieties added every season, threat of risk loss
by fire or accident, storing the excess stock of goods, etc.
He approaches his friend Sandeep who explained him about some branches of commerce, which can
help Rajiv to overcome his hesitation.
a) State the type of business Rajiv is planning to start.
b) State which dimension of business can help Rajiv to overcome these hindrances.
c) Specify different types of Auxiliaries to trade which can help Rajiv to overcome his problems.
Quote the line for each type from above para.
Answers
Answered by
14
Let me help you in answering this out.
- Rajiv wants to start the clothe selling business. The location of the business should be put to close to the area of production to ensure that there is distribution of the clothes to the market.
- He should also ensure that he has insured his stock against loss to prevent an upcoming loss due to fie or accidents.
- He should establish a reliable channel of communication to his clients to ensure that there is a reliable communication in case of any market changes taste and preferences.
Answered by
9
Answer:very easy case study
.
Explanation:a) he is going to start a wholesale business which is sole proprietorship
B) Economic environment can help him
C) 1)hindrance of transport and communication
2) warehousing and advertising
3) insurance
Similar questions