Question

As a businessman what are the different aids to trade you are using in your daily transaction of business? Comment.

Answer 1

Answer:

The common different aids to trade are transportation, communication, banking, advertising, sales promotion, etc.

In our business on a daily basis all common transactions are done with the help of making use from these aids.

Explanation:

For example in a case of production house business. The business will need to market their services for the creation of content. This content will be created with the use of aid of effective communication. When the transaction is completed it will require a financial sum to be paid which will be done by using banking system.