Marketing Meaning of the Term Market from “Marketing” Define the term “market” from “marketing” Marketing are activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. People who
Stock Administration Meaning of the Term Administration Define the term stock administration Are the overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as
Ware-housing Management Meaning of the Terms Ware-housing and Ware-house Define the terms ware-housing and ware-house Warehousing is the institutional arrangement for the storage of goods i.e. receiving, storing and dispatching the goods to the uses. It is a very important aids
Wholesale Trade Meaning of Wholesale Trade Define wholesale trade Wholesale trade is a form of trade in which goods are purchased and stored in large quantities and sold, in batches of a designated quantity, to resellers, professional users or groups, but not to
Retail Trade Meaning of Retail Trade Define Retail Trade Retail trade is the sale of goods in small quantities to consumers. OR is a business activity involving buying goods and retailing them to ultimate consumers without changing the physical and
Theory of Supply Explain the meaning of supply What Is Supply? In economics, we have two forces: the producer, who makes things, and the consumer, who buys them. Supply is the producer’s willingness and ability to supply a given good at various
Theory of Demand Meaning of Demand Define demand Demand is willingness (desire) and the ability to buy a certain quantity of a commodity at the going price at a specific period of time. Condition for effective Demand Demand Schedule and
Production Meaning of the Term “Production” Define the term “Production” Production-is any activities, which results in the creation of goods and services in order to satisfy human wants. In economics sense, production is for exchanging, In the general meaning production
The Scope of Commerce The Nature and the Subject Matter of Commerce Explain the nature and the subject matter of commerce THE MEANING OF COMMERCE The scope of commerce means areas of study covered in commerce. It comprises the study
Commerce refers to the activity of buying and selling goods and services, especially on a large scale. It encompasses the entire process of exchanging goods or services for money, and it involves various activities like trade, distribution, marketing, and the
Translation is a process by which ideas that are written in one language ar...
Are the abilities that allow you to write effectively and concisely. A competent...
Reading is the process of going through written information or piece of wor...
What is Speaking? SPEAKING SKILLS: Speaking is simply the act of talking wh...
Listening is ability to accurately receive and interpret messages in the communi...
This is the field or branch of morphology which studies different principles or ...
Language is a symbol system based on pure or arbitrary conventions…...
Ecology is the study of the interactions between living things, such as humans, ...
EVOLUTION Evolution is a change in the genetic composition of a population...
Genetics is the study of heredity and variationHeredity- is the passage of chara...