Concetti Chiave
- Commerce encompasses the buying, selling, and distribution of goods, while trade specifically involves buying and selling.
- Trade is categorized into import and export: importing when buying from abroad, and exporting when selling goods overseas.
- Essential services to trade include advertisement, promotion, raw materials, warehousing, transport, assurance, banking, and factory operations.
- Wholesalers purchase large quantities of goods to sell to retailers, who then sell to consumers.
- Retailers range from independent specialists to supermarkets and department stores offering a variety of products.
Commerce and trade
Commerce is a general term which refers to buying, selling and distribution of goods. Trade is a term which refers only to buying and selling. Trade can be import or export trade. Import trade when a country buys goods from abroad and expert trade is when a country sells its goods abroad. Services to trade are something of indispensable for the commerce such as advertisement, promotion, raw materials, warehousing, transport, assurance, banking and factory.
Wholesalers and retailers are very important. The first is the person who buys big quantities of goods and sells them to the retailers. The second is the person who has a shop and sells to consumers. There are independent retailers specialize in one product and supermarket, department store that sell a variety of products.
Accedi a tutti gli appunti
Tutor AI: studia meglio e in meno tempo
