Question

Wasim is successfully doing a business of manufacturing ready-made theme party costumes.
Recently, his friend Syed suggested to him to start selling his products online. However, Wasim is quite hesitant to implement his friend's suggestion.
In the context of the above case, answer the following questions:
a. State briefly any three limitations because of which Wasim may be hesitant to implement his friend's suggestion.
b. Briefly outline the resources

Answer 1

Answer:

Rajiv is planning to start a Trade, more specifically a Whole sale Trade.

(b) Commerce will help Rajiv to overcome the hindrances faced by him in his business.

(c) (i) "Searching for Customers" - Trade

(ii) "Moving goods" - Transportation

(iii) "Informing customers about new designs and varieties" - Advertisement

(iv) Threat of Risk" - Insurance