TheMrinalSinghShow

  Meaning *Trade means the process of exchange of goods and services. Trade refers to the buying and selling of goods and services with the object of earning profit.  *Trade establishes a link between production and consumers and it is carried out by buying and selling.  * There are two types of trade 1} INTERNAL TRADE   2} EXTERNAL TRADE:  Import, Export. 1} INTERNAL TRADE :-                                       1}WHOLESALER TRADE                                       2}RETAIL TRADE 1} WHOLESALER TRADE : Market trade, Street trade etc. 2} RETAIL TRADE : Fixed shop retailers: {1}Small :{1} General Stores,{2}Second hand Goods shops {3} Authorized dealers {2}Large: {1}One Prices shops {2}Departmental Stores {3}Supermarket Stores {4} Malls  Channel of Distribution: Producer/Manufacturing -Wholesaler -Retailer -Consumer Wholesaler: A wholesaler purchases good