Question

Explain any two categories 0f auxiliaries to trade

Answer 1

The two business activities which are auxiliaries to trade are as given below :

Transport and communication : The production of goods generally takes place in a particular location. For instance, tea is mainly produced in Assam, but it is required for consumption in different parts of
the country. The hindrance of place is eliminated by transport—road, rail or coastal shipping.Advertising ; Advertising is one of the most important methods of promoting the sale of products, particularly. Consumer goods such as electronic goods, automobiles, soaps, detergents, etc.