Internal Trade Essay Example

Internal Trade Essay :: Internal Trade:: Meaning Trade : Trade refers to the process of buying and selling of goods and services with the objective of earning profit. Internal Trade : Buying and selling of goods and services within the geographical boundaries of a country is called internal trade. In other words trade takes place between the people of the same country then it is termed as internal trade. Features of Internal Trade 1. Buying and selling of goods and services takes place within a country 2. Payments are made and received in the home currency only. 3. There is no or less legal formalities are required. 4. Local modes of transport can be used for transfer of goods. 5. No custom duty or import duty is levied on such trade. Internal trade can be classified into two broad categories. 1. Wholesale trade 2. Retail trade 1. Wholesale TradeBuying and selling of goods and services in large quantities for the purpose of resale or intermediate use is referred to as wholesale trade. Wholesalers acts as an important link between manufacturers and retailers. They purchase in bulk and sell in small lots to retailers.Features of Wholesalers 1. Wholesaler acts as a link between manufacturers and retailer. 2. Wholesaler deals with large quantities of goods. 3. Wholesaler is specialized in few or one line of product. 4. Wholesaler purchases goods in bulk quantities and sells in small quantities to retailers. 5. Wholesaler usually maintains large stock of goods for steady supply. 6. Wholesalers also sometime perform promotional activities to push sells. 7. Profit margin of wholesalers is generally low. 8. They also extend credit facility to retailers. Services of Wholesaler to Manufacturers 1. Economy of Scales: Wholesalers enable manufacturers to undertake large scale production as they purchase goods in large quantities from them. 2. Risk Sharing: Wholesaler deals in goods We will write a custom essay sample on Internal Trade specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Internal Trade specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Internal Trade specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Free Essays on Comparative Essay Of The Book And The Film Of Harry Potter And The Philosophers Stone

Harry Potter and the Philosopher’s Stone is the first in a series of books by J.K Rowling. They follow the adventures of the young wizard, Harry and his friends Ron and Hermione, at Hogwarts – The school of Witchcraft and Wizardry. The book was first published in 1997 and the film has been long awaited in coming. I first read Harry Potter and The Philosopher’s Stone in the year it was published and heard about the film adaptation eighteen months ago. Initially, I thought that it would be an impossible feat to capture on screen. The book deals with witchcraft and magic and relys heavily on the imagination of the reader. It is ultimately your own imagination that determines how you judge this book. J.K Rowling’s description of events at Hogwarts school allows the reader to escape into another world. The moment you pick up the book, you are living out every fantasy you had as a child. Was it not everybody’s dream at one time to be told you are a wizard with special powers? Harry Potter and The Philosopher’s Stone introduces us to the young wizard as a baby and explains why he is special in the wizarding world. Harry’s parents were both wizards and attended Hogwarts in their day. But along with all of the benefits of being a wizard, there is a dark side. There is an evil spirit in the wizarding world, called Voldemort, who is intent on destroying all things good for witches and wizards. Harry’s parents were killed in a horrific attack by Voldemort when he was just a year old. Voldemort also tried to kill Harry but was stopped by the baby’s special powers. Harry miraculously survived the attack but was left with a reminder of that fateful day, a scar on his forehead in the shape of a lightening bolt. As a result of being orphaned, Harry is sent to live with his aunt and uncle and their dreadful son Dudley. The Dursley’s are muggles (non-wizards) and despise Harry and his strange ways, until the day he is sent for ... Free Essays on Comparative Essay Of The Book And The Film Of Harry Potter And The Philosophers Stone Free Essays on Comparative Essay Of The Book And The Film Of Harry Potter And The Philosophers Stone Harry Potter and the Philosopher’s Stone is the first in a series of books by J.K Rowling. They follow the adventures of the young wizard, Harry and his friends Ron and Hermione, at Hogwarts – The school of Witchcraft and Wizardry. The book was first published in 1997 and the film has been long awaited in coming. I first read Harry Potter and The Philosopher’s Stone in the year it was published and heard about the film adaptation eighteen months ago. Initially, I thought that it would be an impossible feat to capture on screen. The book deals with witchcraft and magic and relys heavily on the imagination of the reader. It is ultimately your own imagination that determines how you judge this book. J.K Rowling’s description of events at Hogwarts school allows the reader to escape into another world. The moment you pick up the book, you are living out every fantasy you had as a child. Was it not everybody’s dream at one time to be told you are a wizard with special powers? Harry Potter and The Philosopher’s Stone introduces us to the young wizard as a baby and explains why he is special in the wizarding world. Harry’s parents were both wizards and attended Hogwarts in their day. But along with all of the benefits of being a wizard, there is a dark side. There is an evil spirit in the wizarding world, called Voldemort, who is intent on destroying all things good for witches and wizards. Harry’s parents were killed in a horrific attack by Voldemort when he was just a year old. Voldemort also tried to kill Harry but was stopped by the baby’s special powers. Harry miraculously survived the attack but was left with a reminder of that fateful day, a scar on his forehead in the shape of a lightening bolt. As a result of being orphaned, Harry is sent to live with his aunt and uncle and their dreadful son Dudley. The Dursley’s are muggles (non-wizards) and despise Harry and his strange ways, until the day he is sent for ...