Trading company
Encyclopedia
Trading companies are business
es working with different kinds of product
s which are sold for consumer
, business or government
purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customer
s.
Different kinds of practical condition
s make for many kinds of business. Usually two kinds of businesses are defined in trading. Importers or wholesalers maintain a stock and deliver products to shops or large end customers. They work in a large geographical area, while their customers, the shops, work in smaller areas and often in just a small neighbourhood.
Changes in practical conditions such as faster distribution
, computing
and modern marketing
have lead to changes in their business models.
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
es working with different kinds of product
Product
- Business :*Product , an item that ideally satisfies a market's want or need**Product , a deliverable or set of deliverables that contribute to a business solution**Nanoproduct, a product that has been enhanced with nanotechnology...
s which are sold for consumer
Consumer
Consumer is a broad label for any individuals or households that use goods generated within the economy. The concept of a consumer occurs in different contexts, so that the usage and significance of the term may vary.-Economics and marketing:...
, business or government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customer
Customer
A customer is usually used to refer to a current or potential buyer or user of the products of an individual or organization, called the supplier, seller, or vendor. This is typically through purchasing or renting goods or services...
s.
Different kinds of practical condition
Condition
-Logic:* Logical conditional* Necessary and sufficient condition, condition of another means that the former statement is true if and only if the latter is true-Computer programming:* Conditions, a generalization of exceptions in exception-handling...
s make for many kinds of business. Usually two kinds of businesses are defined in trading. Importers or wholesalers maintain a stock and deliver products to shops or large end customers. They work in a large geographical area, while their customers, the shops, work in smaller areas and often in just a small neighbourhood.
Changes in practical conditions such as faster distribution
Distribution
- In mathematics :* Distribution , generalized functions used to formulate solutions of partial differential equations* Probability distribution, the probability of a particular values or value range of a variable...
, computing
Computing
Computing is usually defined as the activity of using and improving computer hardware and software. It is the computer-specific part of information technology...
and modern marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
have lead to changes in their business models.