Topics in Business StudiesAgencies of Consumer Protection Consumer Right and Protection Methods of payment through commercial Banks, Part 2 Methods of payment through Commercial Banks Meaning, Scope and Importance of Business Studies Meaning and Types of Business Structure Clerical Staff, their Qualities and Functions Principle of Double Entry Disadvantages of Money Scope of Business and Management Studies
Academic Questions in Business Studies
QUESTION: In buying and selling, the retailer will usually operate from the stall while the wholesaler operates from the _____.
ANSWER is: Warehouse
A warehouse is a building where large quantities of goods are stored. They are usually managed and operated by the wholesaler.
Whenever you exchange something of yours for another thing or money, then that's business. By definition, business is an economic activity or a process of exchanging goods and services between the buyers and sellers for the purpose of making profit. Goods and services are exchanged in business usually for money or perhaps, something else, from one party to another. In business, profit goes beyond money. It also includes other items, goods and services exchanged in the place of money.
Amazing facts in Business Studies
NOTABLE POINTS IN Business Studies