COMMERCE 101.

 LARGE SCALE RETAILING.

Hey Guys, It’s been long I know, and I missed you loads….   Anyways, I had to work on balancing my education with this my passion to help people educationally on this blog. So by Gods Grace it’s sorted out and I will be around more often.

So today we are discussing the above mentioned Topic, so let’s relax, learn and have FUN. 

Large Scale Retailing is a system of trading with large scope of operation. As the name implies it involves trading that is large in nature. It exists in the following:

1.     CHAIN/ MULTIPLE STORE- It is a large retail store that has the same or identical store designs, layout and stock display. It has branches which is scattered all over the country while the Head office supplies the goods to the outlet. For example- Leventis Store, UTC Store, ShopRite etc.

Features of Chain Stores:

a.     They Sell Similar Range of Goods.

b.     They are found in Towns and Urban Area.

c.      They Have Identical Store Designs.

d.     They have similar Stock display.

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COMMERCE 101.

        REVISION OF ALL TOPICS IN COMMERCE 101.

Hey Guys, Today we begin with a recap of all we have ever discussed in COMMERCE 101. Just to remind ourselves and to be sure we understood them well.

So we begin with INTRODUCTION TO COMMERCE. Here we defined Commerce as all that concerns Production, Distribution, Exchange of Goods & Services, and the activities that makes trade possible. In other words, we defined commerce as an activity that deals with Trade and the Aids-to-Trade.

SCOPES OF COMMERCE, we said are divided into 2: Trade & Aids-to-Trade.

TRADE is the buying and selling of goods and services and can be divided into 2: Home Trade & Foreign Trade.

Home Trade is the buying and selling of goods and services that takes place within a country, and is divided into: Wholesale & Retail Trade.

Foreign Trade is the buying and selling of goods and services between two or more countries. Under it we have- Bilateral Trade and Multilateral Trade.

Remember we defined Wholesale Trade as the trading that involves the exchange of

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AM BACK.

WOOOW. I SHOULD DEFINITELY START WITH HAPPY NEW YEAR !!!!. I KNOW ITS WAY TOO LATE FOR IT BUT WELCOME TO 2014....

SO MANY THINGS HAPPENED THAT STOPPED ME FROM BLOGGING. I GOT INTO UNIVERSITY AND HAD TO WORK EXTRA HARD, AND SOOOOO MANY OTHER WONDERFUL THINGS.

SO LET ME REAFFIRM MY COMMITTMENT TO THIS BLOG AND TO YOU THE READERS OF THIS BLOG, I AND MY FELLOW CO-AUTHORS ARE COMMITTED TO YOU GUYS AND ARE GRATEFUL FOR YOUR LOVE, SUPPORT, LOYALTY AND PATIENCE SO FAR..

WE HOWEVER NEED YOUR PRAYERS AND COMMENTS TO GIVE US THE STRENGTH TO GO ON...

SO WITH ALL THAT HAS BEEN SAID, WELCOME TO EDU-MADE-EASY 2014.... I PRAY IT IS MORE FUN AND MORE INFORMATIVE FOR YOU....

SO SEE YA, LOVE YOU ALL..... PEACE

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