project work on internal trade
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Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers or producers in large quantities and selling them in smaller quantities to others who may be retailers or even consumers. Wholesale trade is undertaken by wholesale merchants or wholesale commission agents.
Retail trade is concerned with the sale of goods in small quantities to consumers. This type of trade is taken care of by retailers. In actual practice, however, manufacturers and wholesalers may also undertake retail distribution of goods to bypass the intermediary retailer, by which they earn higher profits.
Domestic trade, also recognized as internal trade, is the transaction of household goods within the borders of a nation. This may be sub-divided into two classes, wholesale and retail.
Wholesale trade is involved with purchasing goods from producers or sellers in large numbers and trading them in smaller amounts to others who may be retailers or even customers. Wholesale trade is offered by wholesale dealers or wholesale agencies.
Retail trade is involved with the exchange of goods in small amounts to customers. This kind of trade is demanded care of by retailers. In actual tradition, however, producers and wholesalers may also offer retail delivery of goods to neglect the intermediaries in order to earn higher profits.