COMMERCE FORM THREE



Content

TRANSPORTATION
  • Transport or transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline and space.
COMMUNICATION
  • Communication is the transmission of information from one point or person to another point or person. 
MARKETING
  • Marketing are activities of a company associated with buying and selling a product or service. 
MONEY
  • Commerce plays a fundamental role in the satisfaction of human wants. In primitive societies, the producers themselves were the consumers. 
BANKING
  • Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
INTERNATIONAL TRADE
  • economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. 
IMPORT TRADE
  • Import trade is the trade that involves buying goods from abroad
EXPORT TRADE
  • Is the selling of goods, materials or services to foreign markets. 




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