All categories

3 years ago

Merits of itinerant traders

Business

1 answer:

frutty [35]3 years ago

6 0

Answer:

Explanation:

1. Less capital: itinerant retailers have to move from one place to another , so they don't have to invest huge capital. For example: hawkers and paddlers have to buy just a hawker and some amount of goods which they can carry.

2. Services to doorsteps: these retailers provides their goods and services at the doors of the customers. For example: a vegetable seller sells vegetables at the doors of the customers .

3. Elasticity: the goods they sells are usually perishable in nature and whose substitutes are available in abundance. Therefore, these goods are highly elastic .

4. Economy: the goods which itinerants sells are economically cheaper, which even a low class of society can buy. For example: non-branded goods.

You might be interested in

Which of the following materials could be potentially infected with bloodborne pathogens, assuming they are not mixed with human

Katena32 [7]

Answer:

Semen or vaginal secretions

Explanation:

"Bloodborne pathogens" refer to microorganisms that can be found in the blood or body fluids of humans. There are many kinds of bloodborne diseases such as Hepatitis B and Hepatitis C as well as Human Immunodeficiency Virus (HIV). They can be transmitted to another person through having contact with the infected human blood or body fluids.

Assuming that the materials above are not mixed with human blood (meaning, they are not contaminated with blood), then the semen or vaginal secretions are the only materials where the bloodborne pathogens can be transmitted. Thus, it is important not to have sexual contact with the contaminated person such as people with HIV.

So, this explains the answer.

4 0

3 years ago

The way Professor Quinn chose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as f

alisha [4.7K]

Answer:

Establishing a code of ethics
Referring ethical dilemmas to an ethics committee

Explanation:

Consider, by establishing a code of ethics it allows corporations to prevent their employees from making excuses for any ethical violation. Furthermore, when referring ethical dilemmas to an ethics committee is made available to employees by corporations it allows their employees to easily get the right information about how to behave ethically.

8 0

3 years ago

Consider the following items:

Arada [10]

Answer: Long-term assets are assets with a duration of more than one year. From the list the parties classified as long-term assets are three:

- Land

- Buildings

-Equipment

The rest of the games are classified as:

Accounts receivable (short-term assets)

Notes payable (due in three years) (Long-term liabilities)

Accounts payable (Short-term liabilities)

Retained Revenue (Equity)

Prepaid rental (Short-term assets)

Unearned Renvenue (Short-term liabilities)

Notes payable (due in six months) (Short Term Liabilities)

6 0

3 years ago

The theory of rational behavior

romanna [79]

Answer:

The correct answer is letter "C": is an assumption that economists make to have a useful model for how decisions are made.

Explanation:

Rational Behavior guides the decision-making process towards choices that maximize individuals' benefits. Most economic theories assume that any individual taking part in action or activity is behaving rationally. Given the choice, people would choose something that increases their satisfaction.

6 0

3 years ago

Where do charts get the data series names?

bagirrra123 [75]

Answer:

Row labels

Explanation:

3 0

3 years ago

Merits of itinerant traders​

Merits of itinerant traders