Question

The auxiliaries to trade help to remove the various bottlenecks such as place ,time , person , risk and exchange. Explain how. (4 MARKS)​

Answer 1

Answer:

Advertising makes it possible for producers and traders to inform consumers about the goods and services available in the market. Hence, commerce is said to consist of activities of removing the hindrances of persons, place, time, risk, finance and information in the process of exchange of goods and services.

Explanation:

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Answer 2

Answer:

Advertising makes it possible for producers and traders to inform consumers about the goods and services available in the market. Hence, commerce is said to consist of activities of removing the hindrances of persons, place, time, risk, finance and information in the process of exchange of goods and service.