COMMERCE

PERSONAL SELLING

PERSONAL SELLING

Personal selling involves the direct personal contact of sellers with the potential buyers with view to making sales. It can ...
DEFINITION OF PROMOTION MIX

DEFINITION OF PROMOTION MIX

Promotion mix deals with the communication aspect. The purpose is to make the goods and services known to prospective customers, ...
PACKAGING

PACKAGING

Packaging involves the development of a container and a graphic design for a product. A package can be a vital ...
LIQUIDATION OR WINDING UP

LIQUIDATION OR WINDING UP

Liquidation is the process of winding up or bringing a company to an end, i.e ., the coming to an ...
MERGER

MERGER

Merger is the coming together or amalgamation of two or more firms to form one new company. The old firm ...
DEFINITION OF A COMPANY

DEFINITION OF A COMPANY

A company can be defined as a legal person or entity created by the association of a number of people ...
DOCUMENTS IN BUYING AND SELLING OF GOODS

DOCUMENTS IN BUYING AND SELLING OF GOODS

MEANING OF COMMERCIAL DOCUMENTS Commercial documents are official papers which facilitate the act of buying and selling of goods. All ...
WATER TRANSPORT

WATER TRANSPORT

Water transport is the means of conveying goods and people from one place to another through the rivers, seas or ...
TRANSPORT BY AIR

TRANSPORT BY AIR

Transport by air is the system of moving goods and passengers through the air by aeroplanes, helicopters etc. Air transport ...
TRANSPORT BY PIPELINE

TRANSPORT BY PIPELINE

Transport by pipeline is a system of transporting gasses and liquid products from one place to another through the use ...
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