6. As a businessman what are the different aids to trade you are using in
your daily transaction of business? (in 1 parra)
Answers
No Any Ideas in your question sorryyy Bro
Answer:
Explanation:
1. Transport:
Transport refers to the conveyance of goods and passengers from one place to another. It facilitates trade by assembling and distributing goods
2. Warehousing:It is necessary to store the goods until they are sold. so the need of storage is arised..
3.Insurance:Business involves several types of risk . To reduce the risk insurance is used ..
e.g fire insurance , life insurance
4. Banking : To meet the daily needs of business the finance is needed therefore banking facility is needed..
5. Advertising:Advertising brings goods and services to the knowledge of prospective buyers.
6.Communication:
Quick and reliable means of communication are essential for efficient operation of commercials acclivities ; Posts and Telegraph, Telephone Nigams, Fax, E-mail, Internet, etc. provide vital means of communication for commerce and industry.