Buying And Selling
Übersicht
Commerce exists because producers and consumers rarely meet face to face. Between a factory floor and a shopping basket sits an entire network of buying decisions, distribution channels, and cost trade-offs that keep goods flowing across cities and continents.
In this lesson you will explore the different sources of buying, the role of intermediaries such as wholesalers and distributors, why firms outsource production, and the hidden costs on both sides of every commercial transaction. These ideas underpin the whole Commerce specification and appear in virtually every exam paper.
Ziele
- Understand sources of buying in commerce, including home, international, direct, indirect buying through an intermediary (wholesaler, distributor), mail order, and the advantages and disadvantages of each source
- Understand reasons firms might outsource production
- Understand costs associated with buying: transport costs, transaction costs, administration costs, environmental costs, research costs, staffing costs
- Understand costs associated with selling: sales staff, payment processes, stolen inventory, damaged inventory, distribution costs
Mindmap
Dieses Thema ist als Karte dargestellt, damit die Zusammenhange sichtbar werden.
Mindmap in der App offnen
Lernkarten
Schnelles Abfragen der Fakten, die zu diesem Thema gepruft werden.
Diese Karten in der App uben
Lektionshinweis
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Unterrichtsbewertung
Herzlichen Glückwunsch zum Abschluss der Lektion über Buying And Selling. Jetzt, da Sie die wichtigsten Konzepte und Ideen erkundet haben,
Sie werden auf eine Mischung verschiedener Fragetypen stoßen, darunter Multiple-Choice-Fragen, Kurzantwortfragen und Aufsatzfragen. Jede Frage ist sorgfältig ausgearbeitet, um verschiedene Aspekte Ihres Wissens und Ihrer kritischen Denkfähigkeiten zu bewerten.
Nutzen Sie diesen Bewertungsteil als Gelegenheit, Ihr Verständnis des Themas zu festigen und Bereiche zu identifizieren, in denen Sie möglicherweise zusätzlichen Lernbedarf haben.
- Which of the following is an advantage of buying goods through a wholesaler? A) The buyer must purchase in very large quantities B) The buyer can obtain smaller quantities than from the manufacturer C) The buyer always pays the lowest possible price D) The buyer deals directly with the producer Answer: B
- What is outsourcing? A) Buying goods from overseas suppliers B) Contracting out part of a firm's operations to an external business C) Selling goods through an intermediary D) Producing all components in-house Answer: B
- Which of the following is a cost associated with selling? A) Import duties B) Currency conversion fees C) Stolen inventory (shrinkage) D) Supplier research costs Answer: C
- A retailer buys goods from a local supplier rather than importing them. Which cost is the retailer most likely to avoid? A) Transport costs B) Import duties C) Administration costs D) Staffing costs Answer: B
- Which is the most likely reason a business would choose direct buying from a manufacturer? A) To buy in very small quantities B) To avoid paying intermediary margins C) To receive goods more quickly than from a local wholesaler D) To reduce the need for storage space Answer: B
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Empfohlene Bücher
Weiterlernen mit offenen Quellen
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Lehrbuchabschnitt
The Nature and Functions of Distribution (Place)
What is the nature and function of distribution (place)?
"Introduction to Business: The Nature and Functions of Distribution (Place)" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/12-1-the-nature-and-functions-of-distribution-place. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
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