Trade

BVW Test

BVW Test

Anna-Lena Schimek

Anna-Lena Schimek

Set of flashcards Details

Flashcards 7
Language Deutsch
Category Micro-Economics
Level Primary School
Created / Updated 14.12.2012 / 14.12.2012
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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