There are different types of shares, and you must be well familiar with all of them. But first, let’s talk about shares. You may define shares as a smaller part of the capital that is known as “Share” and a person, who owes shares is known as the shareholder. We may also define shares as […]
Define wholesalers. What are the functions of wholesalers?
Functions of Wholesalers: The word” wholesaler” is derived from the word “Wholesale” which means sell goods in large quantities or in bulk. According to S.E Thomas “A wholesaler is a trader who purchases goods in large quantities from the manufacturer and resells them to retailers in small quantities”. You may also define Wholesaler as […]
Warehousing Definition, Advantages, Functions, Roles and Types in Detail
Warehousing means storing goods in the physical buildings for later distribution. Here are the functions, advantages, and roles of warehousing.
What Are The Advantages and Disadvantages of Partnership?
Before moving towards the advantages and disadvantages of partnership, it is important to know what partnership? A partnership is an association of two or more persons to carry on a business and share its profit and loss among them”. It is not the same as a sole proprietorship, where a single person may take the […]
4 types of Distribution Channels Explained in Detail
Before we talk about the various types of distribution channels, it is important to know the distribution channels’ definition. “The route or the path through which product is transferred from the place of the production the final consumers is known as distribution channels.” You may transferred goods through both direct and indirect ways. A […]