Register or log in to explore all our content and services for free on Admin Junkies.
Trading in a short term is involving yourself just to make money where strict rules and regulations isn't there..but business is something you don't mess with.In other words, business is the entire enterprise of making, selling, and controlling the production of goods, while trade, a narrower activity, involves only the buying and selling of goods. Trade is a part of business, but business is not the same as trade. ... Trade usually refers to imports and exports.
I will say the two are different concepts.Trading, in my own view, is not business. If you're a trader, you don't own a business because trading involves only buying and selling which is a little concept in business. How do you view the two? Do we say trading is business and business is trading?
I definitely enjoy your definition and I feel that it covers the whole main point of what it means to add business and what it also means to be trading. In my own little knowledge I will say trading is just their act of buying and selling why business is the whole activity of buying and selling, asset and liability composition to start up an organisation all at a profit.In other words, business is the entire enterprise of making, selling, and controlling the production of goods, while trade, a narrower activity, involves only the buying and selling of goods. Trade is a part of business, but business is not the same as trade. ... Trade usually refers to imports and exports.
in my own point of view the trading you are doing is a kind of business,trading especially goods and commodity is a business when the transaction has been done or complited.Trading is a component of the business activity. Trading refers to as buying and selling of goods and services facilitated by the means of exchange such as money while business is an organization where goods and services are exchange for one another or money. Business involve production, buying and selling, services and financial accountability.
Business involves every process or activities to run it. Trading is part of business. It is the most important part of business where goods and services are exchanged in other to make profit.Trading, in my own view, is not business. If you're a trader, you don't own a business because trading involves only buying and selling which is a little concept in business. How do you view the two? Do we say trading is business and business is trading?
I think trading is just there to help buying and selling alone but the whole sunshine off buying selling purchasing a location and all the aspects of The activity called trading is called business. So in essence you can say business involved a more broader term than tradingTrading is essentially business, the buying and selling you are doing is a business transaction. They are closely related, you can't do business without trading as well, they are intertwined and I believe they are fundamentally the same.
Which is quite a simple explanation of these two terms and I am very particular about the term trade being the most simplest of them all. Like you said trade is any activity carried out for the production of income from selling goods or services and this is true about any trading activities that we can see all around us.The term trade or business generally includes any activity carried on for the production of income from selling goods or performing services.
Trade is something in which you take ready made materials from one party & sell it to another with adding your profit margin. Its kind of taking a material in bulk with low price & then selling it to customer as per their requirement. In a raw language you can consider a trader as a distributor of the particular brand.
Trading is different from business cod business is when you av some things selling or producing while trading is buying and selling or prediction of market stocksTrading, in my own view, is not business. If you're a trader, you don't own a business because trading involves only buying and selling which is a little concept in business. How do you view the two? Do we say trading is business and business is trading?
Log in or register to unlock full forum benefits!
As a webmaster community we provide fresh content on a daily basis. We aim to be the best admin and webmaster community around. Discuss various aspects, promote your project, and learn to be better by fellow webmasters. Browse through our Articles for helpful tips and tricks.
By registering with us, you'll be able to discuss, share and private message with other members of our community.