Question

Sundar wants to start wholesale business of stationery items. But he is hesitating as it will involve hindrances related to finding consumers, moving goods from place of production to market, storing goods because of time gap between production and consumption ,risk of theft, fire, accidents, procurement of capital to finance above activities ,providing information to the consumer about products etc. He approaches his friend Amir to discuss his problem.Amir, who himself imports the electric appliances for the purpose of exporting them to other countries ,advises Sundar to carry on with his plan and explains to him various functions performed by the second limb of business i.e commerce. Amir elaborates on various advantages of trade and auxiliaries to trade. After getting convinced by the advice given by Amir Sundar starts the business and find no major problems at all in converting his desire into an ongoing business._(A) Trade may be broadly categorised into two categories.Name the category under which Sunder is doing the wholesale business of stationery items.(B) Before starting the business, Sundar was afraid of some hindrances which were removed by functions of commerce name that part of commerce which exclusively e helps in the process of trading the goods and services.(C) External trade may be classified into three types name the type under which Amir I was doing his business (D) Name the service which helps sunder to remove the hindrance of storing the stationary items (E) Name the service which helps Amir to remove the hindrance of place?

Answer 1

Answer:

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Answer 2

Answer:

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