Your father, Mr. Rajeev wants to start a business of manufacturing garments. But he is hesitating as it involves various problems such as arranging funds, searching for customers, moving goods from place of production to market, informing customers about new designs and varieties added every season, risk of loss by fire or accident, storing the excess stock of goods ,etc. You suggested him to approach to one of your friend’s father, Mr. Sandeep who is already into the business of footwears. He agreed to your suggestion. Mr. Sandeep adviced him to start a wholesale business of the same instead of manufacturing .Also,he explained him about some branches of Commerce, which can help Mr. Rajeev to overcome his hesitation . a) Identify and explain the type of business Rajeev planned to start. b) Identify and explain the type of business Sandeep suggested. c) Also, explain any three dimension of business can help Rajeev to overcome these hindrances.
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