In the words of G.Black “Salesmanship consists of wining the buyer’s confidence for the sellers goods, thereby wining a regular and permanent customer”. With the revolution in the means of transport, the importance of sales functions has further increased. Goods are produced not only for selling in the home market, but also in other different […]
Explain the Various Types of Warehouses?
Before talking about the various types of warehouses, it is important to talk about warehouse. “Warehouse is a place or an establishment for the safe storage of goods”. The warehouses are specially built for preserving goods from the time they are produced until they are needed for consumption. The warehouses built for storage of goods […]
What is Joint Stock Company? Features & Characteristics of Joint Stock Company
A Joint Stock Company is voluntary association in which people contributes with capital in the forms of shares to carry on a certain type of business for earning profit”. Company operates in its own name under a common seal. It has separate body from its members. Below this post is all about the characteristics and […]
Define Business and Explain the Importance of Business
Today business has great importance in our lives, and we can easily see that people who own business are much successful in their lives. Before talking about the importance of business, lets talk about business first. The word “business” means the state of being busy. So “business” means all those human activities which are related […]
What is Wholesaling | Types and Importance of Wholesaler
Before moving towards the importance and various types of wholesalers, it is important to know the wholesalers definition. Wholesaling is defined as a set of activities that are carried out to sell a product or service to reselling business or entity. Wholesalers are involved in carrying out all these wholesaling activities. Mostly wholesalers purchase products […]
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