COMMERCE

TRADE AIDS TO TRADE

HOME TRADE

FOREIGN TRADE

TRANSPORT

BANKING

COMMUNICATION

INSURANCE

WAREHOUSE

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oCOMMERCE consist of activities that involve the transfer of goods from producer to the

consumer.

HOME TRADEIs carried out among the people of the country itself.

FOREIGN TRADEinvolve trade between the people from one country and those from the rest of the world.

T R A D EBuying and selling of goods to make profit.

BANKING Banks facilitate trade and production.

Example: loans.

TRANSPORT With transportation, it is much easier for the

materials and finished goods to be moved from various sources through many stages until they reach the consumer.

COMMUNICATION

It is very important for all the traders and all commercial functionaries to transmit and receive commercial information. Examples: telephone, internet, fax machine, etc.

INSURANCE Insurance

companies provide protections and absorb some of the risks in trading.

Businesses may be able to claim indemnity in the event of a loss.

WAREHOUSE Warehouses

provide storage facilities for goods after processing or manufacturing, or purchase so that they can be sold later.

ADVERTISEMENT The purpose of

advertising the goods is to inform and remind consumer the availability of the particular brands of the goods and services and try to persuade them to buy.