Foreign Educator Teaching System

Tag: internal

  • Types of trade

    Types of trade   Home trade Trade within a country This enables the buyer and seller to conduct sale without problems   Wholesale trade Buying and selling (trade) in bulk This enables the wholesalers to buy in bulk and sell to retailers   Retail trade Trade with the consumers Retailer buys in small quantities and…

  • Economies and Diseconomies of scale

    Economies of scale Economies of scale is when there is a reduction in long term cost when the business grows Types of economies of scale –        Internal economies of scale –        External economies of scale   Diseconomies of scale Diseconomies of scale is when there is an increase in long term cost when the business…

  • External sources of funds

    External sources of funds Loan Debentures Shares Overdraft

  • Internal sources of funds

    Internal sources of funds Retained profits Borrow from friends and family Investment by the owner Selling assets

  • Barriers to effective communication

    Barriers to effective communication Physical Noise Attitude Disinterest of either the sender or receiver Technical knowledge The receiver might not understand it Language Might not know the language