Topics
Introduction of Commerce and Business
Trade
- Concept of Trade
- Internal Trade
- Wholesale Trade
- Retail Trade
- Types of Retailers> Itinerant Retailers
- Types of Retailers> Fixed Shop Retailer
- Small Scale Fixed Retailer
- Large Scale Fixed Retailers
- Departmental Stores
- Super Market Shop
- Chain Stores or Multiple Shops
- One Price Shop
- Concept of Mall
- International Trade
- Export Trade
- Procedure of Export Trade
- Import Trade
- Procedure of Import Trade
- Entrepot Trade
- Comparison of Different Types of Retailers and Trade Practices
Small Scale Industry and Business
Forms of Business Organisation - 1
- Private Sector Organisations
- Sole Trading Concern
- Partnership Firm
- Types of Partners
- Types of Partnerships Firms
- Hindu Undivided Family Business Or Joint Hindu Family Business
- Co-operative Society
- Types of Cooperative Societies
- Joint Stock Company
- Amul: A Successful Co-operative Movement in India
- Private Limited Company
- Public Limited Company
- Comparison of Different Forms of Business Organization
Forms of Business Organisation - 2
Institutes Supporting Business
Business Environment
- Concept of Business Environment
- Importance of Business Environment
- Dimensions of Business Environment
- Internal Factors
- External Factors> Natural Environment
- External Factors> Social Environment
- External Factors> Political Environment
- External Factors> Economic Environment
- External Factors> Technological Environment
- External Factors> Legal Environment
- New Economic Policy and Business
- Liberalisation
- Privatisation
- Globalisation
- Impact of New Economic Policy on Business
Introduction to Management
- Itinerant Retailers and Fixed Shop Retailers
- General Store and Specialty Shop
- Departmental Store and Chain Store
- Wholesaler and Retailer
- Internal Trade and Foreign Trade.
Maharashtra State Board: Class 11
Itinerant Retailers and Fixed Shop Retailers
| Sr. No. | Point | Itinerant Retailers | Fixed Shop Retailers |
|---|---|---|---|
| 1) | Business Place | No fixed place | Fixed place |
| 2) | Capital | Limited investment | Higher investment |
| 3) | Stock of Goods | Limited Stock | Large stock |
| 4) | Quality of goods | Low quality | Good quality |
| 5) | A variety of goods | Limited variety | Wide variety |
| 6) | Prices | Low | High |
| 7) | Credit facility | Not available to consumers | Available to consumers |
| 8) | Choice of goods | Fewer options | More option |
| 9) | Door-to-door Service | Yes | No |
| 10) | After-sales Service | Not available | Available |
Maharashtra State Board: Class 11
General Store and Speciality Shop
| Sr. No. | Point | General Store | Speciality Shop |
|---|---|---|---|
| 1) | Meaning | Wide range of goods | Specialized products |
| 2) | Location | Near residential areas | Big markets/Shopping centers |
| 3) | Prices | Generally low | Generally high |
| 4) | Type of goods | Day-to-day necessities | Only specialized goods |
| 5) | Advertisement | Do not spend | Spend more |
| 6) | Variety of Products | Less variety | More variety |
Maharashtra State Board: Class 11
Departmental Store and Chain Store
| Sr. No. | Point | Departmental Store | Chain Store |
|---|---|---|---|
| 1) | Meaning | Large-scale retail, various goods. | Single organization, one product line. |
| 2) | Variety of goods | Wide variety, large scale | One manufacturer's goods |
| 3) | Location | Central city location | Different parts of the city/country |
| 4) | Capital | Large capital required | Comparatively less capital |
| 5) | Price | Generally high prices | Comparatively lower prices |
| 6) | Operating cost | High operating costs | High operating costs |
Maharashtra State Board: Class 11
Wholesaler and Retailer
| Sr. No. | Point | Wholesaler | Retailer |
|---|---|---|---|
| 1) | Meaning | Conducts wholesale trade | Conducts retail trade |
| 2) | Capital | Large capital | Comparatively less capital |
| 3) | Link | Links manufacturers and retailers | Links wholesalers and customers |
| 4) | Location | The central market of the city | Various local markets of the city |
| 5) | Profit Margin | Less profit margin | More profit margin |
| 6) | Prices | Lower prices to retailers | Higher prices to consumers |
| 7) | Credit Facility | Provides credit to retailers | Provides credit to customers |
| 8) | Warehousing | Big warehousing required | Limited warehousing required |
| 9) | Specialization | Few goods | A variety of goods |
| 10) | Finance | Large financial resources | Limited financial resources |
Maharashtra State Board: Class 11
Internal Trade and Foreign Trade
| Sr. No. | Point | Internal Trade | Foreign Trade |
|---|---|---|---|
| 1) | Geographic Scope | Within the country's borders | Between different countries |
| 2) | Operating Style | Limited to the home country | Spread to multiple countries |
| 3) | Tariff | Not affected by tariffs | Affected by tariffs |
| 4) | Foreign Exchange Rates | Not directly affected | Directly affected |
| 5) | Quotas | Not affected by quotas | Affected by quotas |
| 6) | Culture | Domestic culture affects design | Different cultures affect design |
| 7) | Markets and Customers | Meets the needs of local customers | Understand customers in different countries |
