COMMERCE

Home trade is the act of buying and selling goods within a geographical area, usually a country. It can be referred to as domestic or internal trade. In home trade, ...

Exchange is the process of giving out value in order to have something of value in return. In the olden days, barter was the main system of exchange, i.e ., ...

New trends have been introduced in retailing business because of the dynamic nature of commercial activities. In order to enhance and facilitate business activities, new ideas and techniques have been ...

Retail co-operative society is a form of co-operative in which many small independent retailers pool their resources together to enable them make bulk purchases and then sell the goods at ...

Discount Houses A discount house is a retailing business unit that features a large variety of products which they sell on a low price basis and operate on a low ...

Mail Order Mail order is a form of large retailing in which buying and selling is carried out by post. They contact prospective customers by mail, receive their order by ...

Super Market A super market is a large retailing business unit selling mainly food and household items on the basis of high turnover, wide variety and assortment, self-services with much ...

The departmental store is a collection of shops under one roof with ownership of each shop or department specialising in selling a special range of goods. Each department normally buys ...

Large scale retailers achieve their growth by increasing the physical size of their units to cater for more customers. Large scale retailing could exist as: Chain or multiple stores. Departmental ...

MEANING OF OCCUPATION Occupation can be defined as any economic or productive activities which people engage in to create and procure goods and services in order to make a living ...