(a) Banking and finance: Finance is the most important input to run any business. Q.6:- Explain any two business activities which are auxiliaries to trade. Entrepreneur: a risk taker who sets up a business. For instance, tea is mainly produced in Assam, but it is required for consumption in different parts of the country. These activities are generally, referred to as services because these are in the nature of facilitating the activities relating to industry and trade. What is its nature? Class-11-commerce » Business Studies. 6. Answer:- Activities which are meant for assisting trade are known as auxiliaries to trade. ACTIVITIES which are meant for assisting trade are known as auxiliaries to trade.grnerally referred to as service because these are in the nature of facilitating the activities … Share with your friends. Explain any two business activities which are auxiliaries to trade. Two business activities which are auxiliaries to trade are (i) Transport and Communication Production of goods generally takes place in particular locations. StudyaddaPreviousNext. Trade or exchange of goods involves several difficulties, which are removed by auxiliaries or supplementary supports known as Aids to Trade.. Activities that facilitate exchange of goods and services are referred to as auxiliaries to trade. 0 votes. Meaning. Question 6. 7. Q.6:- Explain any two business activities which are auxiliaries to trade. Every business is an attempt to reap more than what has been invested, and profit is the excess of revenue over cost. The role of profit in business is an important factor for its growth and expansion. What is the role of profit in business? The two business activities which are auxiliaries to trade are as given below : Transport and communication : The production of goods generally takes place in a particular location. Long Answer Questions. For instance, tea is mainly produced in Assam, but it is required for consumption in different parts of the country. 3. The two business activities which are auxiliaries to trade are as given below : Transport and communication : The production of goods generally takes place in a particular location. Question 6: Explain any two business activities which are auxiliaries to trade. Among the major auxiliaries to trade, a few are transportation, advertisement, packaging, warehousing, banking and communication. These activities are generally, referred to as services because these are in the nature of facilitating the activities relating to industry and trade. Question 6: Explain any two business activities which are auxiliaries to trade. What is the role of profit in business? 8. Enterprise: a business/firm (an organisation involved in the trade of goods or services). Explain with examples the various types of industries. 7. These activities … There are specific regulations for this kind of trade as there is risk involved in… Explain any two business activities which are auxiliaries to trade. Answer: (i) Business involve production, processing, sale or exchange of goods and services at regular basis and a aim of earning profit. NCERT - Business Studies. 1. Here, aids to trade refers to all those involved activities, which directly or indirectly facilitates smooth exchange of goods and services. Answer. Activities which are meant for assisting trade are known as auxiliaries to trade. Every business is an attempt to reap more than what has been invested, and profit is the excess of revenue over cost. question_answer 1) Explain any two business activities which are auxiliaries to trade. 2. referred to as services because these are in the nature of facilitating the activities relating to Industry and trade. They're willing to back their judgement with personal investment at a level which will cause problems if they're wrong about an opportunity they're pursuing. Business, Trade And Commerce on hamronotes | 1. Among the major auxiliaries to trade, a few are transportation, advertisement, packaging, warehousing, banking and communication. Two examples are: 1. Answer: Two business activities which are auxiliary to trade are explained below: Transportation and Communication: The production of goods takes place at one place whereas these are demanded in different parts of the country. Two business activities which are auxiliaries to trade are (i) Transport and Communication Production of goods generally takes place in particular locations. These funds can be obtained from a bank. • S oluti n: Banking and Finance: Business activities cannot be undertaken unless funds are available for acquiring assets and meeting the day-to-day expenses. Answer : Auxiliaries to trade include trade-related activities which facilitate the exchange of goods and services. 1 answer. 6. Explain any two business activities which are auxiliaries to trade. Explain the characteristics of business. 6. Explain any two business activities which are auxiliaries to trade. Explain any two business activities which are auxiliaries to trade. Explain with examples the various types of industries. A kind of trade that involves transportation of goods through sea using ships as the primary medium is called maritime trade. It is important as it is a source of income for business persons and the expansion of business Explain any two business activities which are auxiliaries to trade. The following are two business activities which are auxiliaries to trade. What do you understand by maritime trade? Explain any two business activities which are auxiliaries to trade.