Commerce

Export Trade The Meaning and Importance of Export Trade Explain the meaning and importance of export trade Is the selling of goods, materials or services to foreign markets. An export is a function of international trade whereby goods produced in one country are shipped…

Import Trade The Meaning of Importance of Import Trade Explain the meaning and importance of import trade Import trade is the trade that involves buying goods from abroad. Examples of goods in Tanzania they are bought from abroad are cars,…

International Trade The Meaning of International Trade Explain the meaning of international trade International trade, economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery;…

Explain the historical background of banking Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit. However, with the…

Money The Historical Background of Money Expalin the historical background of money Commerce plays a fundamental role in the satisfaction of human wants. In primitive societies, the producers themselves were the consumers. Hence; they were compelled to provide themselves with…

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…