As stated earlier, the business support services refer to those business activities that act as
auxiliaries to trade and facilitate smooth flow of goods from producer to consumer and the
functioning of business as such. These include banking, insurance, transportation,
warehousing and communication. Banking helps in providing finance and payment facilities,
insurance to provide a cover to all sorts of business risks, transportation to facilitate physical
movement of goods from one place to another, warehousing to provide storage facilities at
various places to meet seasonal variations in demand, and communication for facilitating
exchange of information and ideas between producers, middlemen and consumers. Thus,
effectively, these business services are essential for smooth functioning of any business in
any part of the world, and every person who is engaged in business must be fully aware of
their functioning and use. Let us now learn about each one of these in detail.
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auxiliaries to trade and facilitate smooth flow of goods from producer to consumer and the
functioning of business as such. These include banking, insurance, transportation,
warehousing and communication. Banking helps in providing finance and payment facilities,
insurance to provide a cover to all sorts of business risks, transportation to facilitate physical
movement of goods from one place to another, warehousing to provide storage facilities at
various places to meet seasonal variations in demand, and communication for facilitating
exchange of information and ideas between producers, middlemen and consumers. Thus,
effectively, these business services are essential for smooth functioning of any business in
any part of the world, and every person who is engaged in business must be fully aware of
their functioning and use. Let us now learn about each one of these in detail.
Global Teachers Academy formally name as UGC
NET D is an India’s Premier Institute in Delhi for UGC (JRF-NET-SLET) &
Other University Entrance Examination. Established in 1978, was conceived with
vision for quality education by eminent who are for long committed to
excellence in education.
GLOBAL TEACHERS ACADEMY
49-B, Arjun Nagar Safdarjung Enclave, New Delhi
GLOBAL TEACHERS ACADEMY
49-B, Arjun Nagar Safdarjung Enclave, New Delhi
Near
Green Park Metro Station
contact
no. ; Ph 078-380-243-65 Ph 078-380-239-56
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“ugc net jrf education”
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“ugc net jrf political science”
“ugc net jrf human resource”
“ugc net jrf library & information science”
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www.gtah.net
www.csirlifescience.com
https://www.facebook.com/ugcnetcoachingdelhiindia
https://www.facebook.com/gtadh?ref=hl
https://www.facebook.com/ugcnetcoaching.delhi
http://in.linkedin.com/in/ugcnetcoaching
http://ugcnetcoachingugc.wordpress.com
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