Name the auxiliary to trade which removes the hindrances of persons
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Answer: For example, transport removes the hindrances of place by moving goods from the places of production to the markets for sale, storage and warehousing activities removes the hindrance of time by facilitating holding of stocks of goods to be sold as and when required.
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Answer:
Advertising is auxiliary to trade which removes the hindrances of persons.
Explanation:
Commerce includes all the activities related to the distribution of goods and services. Commerce is considered as the backbone of industry and helps in removing various hindrances and problems.
- Practically it is impossible for a manufacturer and trader to contact each and every customer.
- Advertisement helps to overcome this problem.
- goods & services are advertised to inform the customers about their uses, quality, and prices.
- Advertisement spared awareness among the consumers regarding the new goods and their uses.
- It directly promotes the sales of goods & a very good technique of sales promotion and improves the knowledge of customers.
Thus, Advertising helps to remove the hindrance of persons.
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