Month: December 2020

Role of consumer co-operatives. Provide members with goods and services at fair prices and of good quality Protect members against exploitation, inefficient and dishonest trade practices by individual retailers Provide channel through which ideas regarding quality and use of products Read More …

Containerization refers to the packing of the cargo in standardised containers which are sealed by the  exporter or his agent.  The sealed containers are loaded on to the  ship and delivered to the importer sealed.   Benefits: Takes little space Read More …

Advertising media The press Radio Television Outdoor publicity Window display Fair and exhibitions

Essentials of a good warehouse. Ideal location where goods are produced in greater quantity to be used later. Suitable building which is large enough and appropriate to store goods of different kinds more safely Should be well equipped with necessary Read More …

When wholesaler may be eliminated. When prices of goods are high like those of motor vehicles, the wholesaler may be eliminated since the manufacture can bear both selling and distribution costs. Where goods are highly perishable eg milk Where goods Read More …

Production refers to the process of creating finished goods from raw materials to satisfy human wants.