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Which hindrance of commerce is highlighted …

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Which hindrance of commerce is highlighted in the following cases: a) It removes the geographical distinction between producers and consumers. b) Warehousing facilitates holding of goods till they are required. c) Advertising informs the consumers about the goods and services available in the market. d) Trade provides an organized market where buyers and sellers can contact each other. e) Banks provide the facility of raising loans. f) Insurance protects the goods in the case of damage due to fire, theft and accidents. g) There is time gap between production and consumption of goods.

Posted by Jasinder Singh 4 years ago

CBSE > Class 11 > Business Studies

0 answers

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