Trade
BVW Test
BVW Test
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Flashcards
What does "trade" mean ?
Trading incudes all the stages which a product goes through from the manufacturer until it reaches the final consumer, or commercial customers.
functions of Trade:
Retailing and wholsaling have the function of buildung a bridge between the manufacturer and the consmer
Importance of the Reail and Wholesale Trade
1/3 of the European Undion are traders
20% of the employees of the EU are working in the trading sector
What does Retailing mean ?
Retailing is carried out by those businesses which buy goods from the wholesalers/manufacturers and sell them on the final consumers for their personal, non-business use.
Which Performance factors in the Retail Trade do you know?
Human labour force
Assets
Human Labour Force is one of the Performance Factors. What does it mean ?
It is needed for selling, procuring, administration and support services (stocks, cleaning..)
Which problems can occur at Human Labour Force?
1. Unbalanced use of personnel
2. Unfavourable working hours for employees
