Commerce, trade and business structures

the retailers

• Retailers sell products to wholesalers

• Retailers manufacture products for consumers.
• Retailers buy products from producers

• Retailers are businesses that sell goods or services to consumers.

BOT means

the World Bank

• was created during the second wave of globalisation of trade

• was created during the first wave of globalisation of trade

• was created during the third wave of globalisation of trade

the exchange of physical products is called.....

quotas are..

• Quotas are limits on production or consumption.
• Quotas are money given by government to help local companies

• Quotas are bans on certain products

• Quotas are guidelines for best practices.

Companies which do all their business online

• B2B

• dotcom

• click to brick

• click an mortar

sole traders have

• full control and personal liability
• shared control with partners
• full control but limited liability
• limited control and no liability

NICS means

limited companies (2 answers)

• have a legal identity

• are run by shareholders

• can be of two types

• can't operate on a large scale

Amazon started its business selling only..