A retailer is the last link in the chain of distribution of consumer products. He brings the producer in close touch with the consumer. He is a part of the distribution mechanism which cannot be dispensed due to his following valuable servicesDistribution of GoodThe functions retailers perform are the consequence of the separation of distance, time and information between producers and consumers. All retailers are involved in assisting in the physical movement of goods and in effecting a … [Read more...] about Functions of Retailer
Functions
Functions of Wholesalers
The wholesaler is a link between producers and retailers. He may be said to provide the economic utilities of time, place and possession which may lead to economies in distribution. On the one hand he performs the services to manufacturers on the other retailers.Functions of Wholesales To ManufacturersFinancial AidWholesalers often supply a more direct form of financial aid to producers. Wholesalers will buy in advance of a season or will accept and store several shipments, paying … [Read more...] about Functions of Wholesalers
Types of Business Function
Every running business is backed up by various shown and hidden functions helping it generate sales and earn revenues. These Business functions or tasks usually varies in different businesses but overall they are same from production to qualify sales.10 Different Types of Business FunctionsIf you are new to business world and thinking to start profit generating business in your area or somewhere in world, there are many but 10 most important things to consider when starting a new … [Read more...] about Types of Business Function
The Primary 4 Functions of Management – Planning, Organizing
Management sciences have proven its importance in every part of life no matter who you are, a worker at some organization or owner of the organization you must have a good knowledge about management in order to be successful. Because whoever you are managing is always a part of your job. It is also one of the main Characteristic of Entrepreneurs.Management is known as a process involving the responsibility of economical and effective planning and regulation of the operation of an enterprise to … [Read more...] about The Primary 4 Functions of Management – Planning, Organizing
Personnel Management [ Functions, Importance, Objectives & Definitions ]
Personnel Management focuses on the administrative tasks of the organization along with the employee’s welfare and labour relations management. It is often considered as a sub-category of Human Resource Management. Few consider it to be the same as HRM but it is different from it.Personnel Management Definition by Different AuthorsEdwin FlippoPersonnel Management is concerned with procurement, development, compensation, integration and maintenance of personnel of organization … [Read more...] about Personnel Management [ Functions, Importance, Objectives & Definitions ]