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What was an established and regulated exchange for business between buyers and sellers on a regular basis?
Mariahhh
market economy
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∙ 12y ago
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What is difference between business nd business organization?
:)Am beginning with a smile because i asked the same question to my business teacher when i was in form 4 and i will answer you exactly as she answered me.The difference between business (transaction) and business organization can be understood by defining business and an organization.A business - is a process of going into a transaction with a customer (either buyer or business partner), to purchase your good or services. it can also be defined as an exchange that occurs between a manufacturers and customer, where the manufacturer provides the customer with goods or services in return for the customer's money (value of goods or services sold).An organization - is an established entity, with the sole purpose of selling good and services, or serving as a distribution network for goods and services.therefore, the difference between business and business organization is that, business is the process of engaging in transaction or negotiating a deal of exchange between a customer (either individual or company) and seller (either individual or company), while a business organization is an a firm established for the sole purpose of undertaking a business activity.so business is an exchange or transaction between a customer and seller, while business organization is a firm that sell business (goods or services) to people.
What is the online exchange of goods between two businesses?
business to business (B2B
How are business transactions regulated?
Business transactions, including credit transactions, are regulated by the Uniform Commercial Code (UCC). The UCC is a standardized commercial law effective in most U.S. jurisdictions whose goal is to simplify interactions between businesses
What are the relationship between exchange and transaction?
In today's world both exchange and transactions are related to the business terms.They both have a deep relations in themselves. If there will be no exchange then there would be no transactions.
What is the definition of business correspondence?
Business correspondence means the exchange of information in a written format for the process of business activities. Business correspondence can take place between organizations, within organizations or between the customers and the organization.
What are the difference between trade and business?
trade is the exchange of goods or services business is a transaction where goods and services are exchanged so they are the same
The difference between B2B and B2C?
On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. B2C is (business-to-consumer).
How Does The Franchising Work?
Franchising is a business model that involves purchasing a license to perform a specific, established project that normally includes the use of well-known trademarks, merchandise, signage, software and a pre-established business system to support your business success. There are advantages and disadvantages between selecting to launch your business concept and buying into an established franchise.
What are the importance of business mathematics?
Important of business mathematics Business math helps improve statistical formula. It formulates term of currency exchange between a country. Business math creates awareness.
Why people invented business?
Business was not invented. It came about as means of exchange for goods in the form of commerce and trade between people and civlizations.
What Feudalism is based on .?
the exchange of duties and rights between lords. :) the exchange of duties and rights between lords the exchange of duties and rights between lords the exchange of duties and rights between lords the exchange of duties and rights between lords the exchange of duties and rights between lords
What is the definition and nature of business transaction?
A business transaction refers to an operation or interaction made between the company and its clients. The supplier provides the goods and servicesÊtowards the consumers with an exchange of an income or profit.
