Theory Of Demand
Theory of Demand
Draw demand schedule and curves
Point the factors which determine the strength of demand (causes for demand changes)
Define elasticity of demand
Identify the factors that determine degree of elasticity (changes) of demand
Theory Of Supply
Theory of Supply
Explain the meaning of supply
Draw supply schedule and curves
Mention the causes of supply changes
Calculate elasticity of supply
Retail Trade
Retail Trade
Distinguish between retailing and the Retailer
Point out the functions of retail Trade
Identify the different types of retailers
Explain the qualities of a retailer
Discuss the modern development in retail trade
Wholesale Trade
Wholesale Trade
Distinguish between wholesaler and retailer
Mention the functions of wholesaler
Point the services rendered by wholesaler to manufactures, retailers, and the public
Identify the types of wholesalers (merchant, national, agents)
Explain the channels of distribution
Show when the necessity of eliminating the wholesaler will arise
Ware-Housing Management
Ware-housing Management
Define the terms ware-housing and ware-house
Show the need for warehousing
Distinguish the various types of warehouses
Stock Administration
Stock Administration
Define the term stock administration
Explain what is meant by: Receiving; Issuing; Stocktaking; Care of stock; Placement of stock items
Give the meaning and determination of Turnover; Stock level
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