MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Functions of Warehouses

What are the ...

Question

What are the hindrances in commerce? Which agencies are used to remove these hindrances ?

Open in App

Solution

Various hindrances in commerce are :

(a) Hindrance of person - removed by trade agencies

(b) Hindrance of place - removed by transportation agencies

(c) Hindrance of time - removed by warehouses management agencies

(d) Hindrance of finance - removed by bank

(e) Hindrance of risk - removed by insurance companies

(f) Hindrance of knowledge - removed by advertisement companies

Suggest Corrections

thumbs-up

38

Similar questions

Q. Name the service which is related to the following cases:
(i) The service which helps in removing hindrance of knowledge
(ii) The service which helps in removing hindrance of exchange
(iii) The service which helps in removing hindrance of place
(iv) The service which helps in removing hindrance of time
(v) The service which helps in removing hindrance of risk.

Which business activity removes all the hindrances in the process of exchange.

Q. Name of the following:
(a) The industry in which useful products are obtained from the earth and the sea.
(b) The trade in which goods are imported and exported to some other country.
(c) The branch of commerce which removes the hindrance of time.
(d) Buying and selling of goods in small quantities.

Q. Which are main hindrances of the Internal Navigational Transport? Write any two.

Q. Advertisement and salesmanship remove the hindrance of _____.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Transportation & Warehousing Services

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Functions of Warehouses

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon