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FP-KobPAcad. year: 2020/2021
The principal provides an overview of trading activities. It introduces students to its basic operations - by purchasing and selling, transporting, maintaining inventory, researching and influencing the market, and providing business services. It defines the concept of a business category and its importance for the realization of business activities. It explains the basic forms of trade, the importance of retailing, the retail function, the retail performance, the retail life cycle, the retail circuit hypothesis, the retail life cycle stage, the retailers, the importance of wholesale, the wholesale function, and the set of conditions in which trading takes place.
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