Category: Commerce

The government is the body of persons who rule the country. The main functions of the government are: Protective function –Maintaining peace and security in the country and protect the country against external aggression. Social function–Provides social services are vital Read More …

SIMILARITIES BETWEEN JOBBERS AND BROKERS Both operate in the securities market Both do not hold shares for investment purposes. Activities of both are regulated by the rules of the securities market. DIFFERENCES BETWEEN BROKERS AND JOBBERS Brokers deals with general Read More …

Brokers – this is a dealer at market who buys and sells securities on the behalf of the public investors.he is authorized by C.M.A to  deal with  quoted securities only and gets a commission for kind of work done. doesn’t Read More …

Quotation is consent by the stock exchange for companies’ securities to be dealt with in the securities market i.e. to be bought and sold in the securities market. Advantages of Quotations A quoted company is able to raise finances quickly Read More …

To check against inflation and currency depreciation. To facilitate equity financing. To improve corporate governance. To redistribute wealth. To create investment opportunities for small investors. A barometer for economic performance-i.e. how is economy performing or doing by closely monitoring the Read More …

This is a place where various securities are traded(bought and sold).securities include shares of listed companies, debentures and government bonds. There are two main subsidiaries of this market i.e. Primary market – this deals with securities that have been issued Read More …

At a port, airport or a railway terminal. At manufacturers premises. At the distributors or wholesale places. At retailers place.

It should be located in a suitable place to facilitate receipt of goods as well as their use. It should have appropriate features i.e. buildings which are suitable for the types of goods stored. It should be equipped with appropriate Read More …

This importance’s cut across the producers, traders and consumers. It ensures steady supply of goods into the market since they are stored in a warehouse and released when the market needs them. It ensures no surplus or shortage of goods. Read More …

A warehouse is a building where goods are stored until the time they are required either for consumption, sale or other use. It is also called go down, a depot or a silo. Warehousing refers the process of receiving goods Read More …