[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-493218-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-493218-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","register-of-commerce-vocabulary-development","Register of Commerce - Vocabulary Development","","This educational document provides a comprehensive overview of essential vocabulary related to the field of commerce. It defines commerce as the spectrum of activities involving the buying, selling, and distribution of goods and services, facilitated by auxiliary services such as warehousing, insurance, and advertising. The text systematically categorizes and explains fifteen key commercial terms, including industry participants like retailers, wholesalers, and consumers, as well as core concepts like capital, production, manufacturing, and foreign trade. By outlining the mechanisms of business transactions and the roles of banking, the material serves as an foundational reference for understanding the structure and terminology of modern commercial environments. 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Retailer: a person that sells goods to customers in a shop.  \n2. Exporter: a person or Company or Country that sells goods to another Country  \n3. Wholesaler: a person or Company who sells goods wholesale to retailers, that is in bulk quantity.  \n4. Imports: goods and services which we buy from other Countries.  \n5. Foreign trade: trade which takes place between two countries, it is also called external trade.  \n6 Partnership: a business organization formed by at least two persons to carry on business in Common with the aim of making profit.  \n7. Business transaction: a transfer of goods for services from one person to another in exchange, for cash or credit.  \n8. Ware housing: The business or practice of Storing Large quantities of goods especially in warehouses until they are demanded for  \n9. Advertising: The process & creating awareness about the existence of a product m order to promote demand or Sale.  \n10. Consumer: Someone who buys and uses products and services.  \n11. Capital: money or property especially when it is used to start a business or to Produce more wealth  \n12. Commercial Products: are those products produced and sold im Large quantities  \n13 production: The process of making or growing things to be sold especially m Large quantities.  \n14. manufacturing: The process or business of producing goods in factories  \n15 Banking: banks make funds available to business men for business transactions.","cbCaifLbvWr4olAC","https://ap.wps.com/l/cbCaifLbvWr4olAC","pdf",200137,"English","# Commerce Definition\n## Vocabulary List","[{\"question\":\"What is the definition of commerce provided in the document?\",\"answer\":\"Commerce is defined as all activities involved in the buying, selling, and distribution of goods and services, supported by auxiliary services like warehousing, insurance, advertising, and communication.\"},{\"question\":\"How does the document distinguish between a retailer and a wholesaler?\",\"answer\":\"A retailer sells goods directly to customers in a shop, whereas a wholesaler sells goods in bulk quantities to retailers.\"},{\"question\":\"What is the role of banking in commercial transactions?\",\"answer\":\"Banking plays a vital role by making funds available to business people to facilitate various business transactions.\"}]","Register of Commerce - Vocabulary Development | PDF",1790878207]