TYPES OF COMMERCIAL ACTIVITIES
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Short notes on commercial activities for the Branches of Commerce
Trade. Trade is the process of purchasing and procuring of goods and services with the object of selling them at a profit. ...
Foreign trade: ADVERTISEMENTS: ...
Transportation: ...
Warehousing: ...
Insurance: ...
Banking and finance: ...
Advertising and publicity: ...
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Commercial activities are the important part of the business activities
Explanation:
Definition of commercial activities:
"Commercial activity is an activity intended for exchange in the market to earn an economic profit."
The types of commercial activities are as follows:
- Accounting: This is the process that deals with the flow of money in an organisation.
- Marketing: This helps in the improvement of brand recognition in the market and it aids the process of sales.
- Sales Activities: This is a very important activity because sales are an important generator of revenue for any company.
- Customer satisfaction: This is the most important business activity because,costumer satisfaction is the most important concept in any organisation.
The primary objective of the commercial activities to earn profit.
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