DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : Md.Qadeer Rehman
Designation : Head of Section
Branch : DCCP
Institution : KDR Govt. Polytechnic
Wanaparthy
Year /Semester : I year
Subject : Business Organization
Subject & Code : CCP – 104
Topic : Scope of Business
Duration : 50 Minutes
Sub topic : Significance of Aids to trade
Teaching Aids : Diagrams
CCP104.9 to 10 1
Objectives

On completion of this period you would

be able to know

 Aids to Trade

 Significance of Aids to Trade

 The relation between trade and aids to trade

CCP104.9 to 10 2
Recap:

you already know about

 The scope of business

 The meaning of Industry
 The meaning of Commerce
 The importance of trade

CCP104.9 to 10 3
Aids to trade

“ services which help in promotion of trade”

CCP104.9 to 10 4
Various hurdles in trade

 Place
 Finance
 Time
 Risk
 Knowledge

CCP104.9 to 10 5
Aids to trade
The following activities are included in
Aids to trade

 Trading
 Warehousing
 Banking
 Insurance
 Advertisement

CCP104.9 to 10 6
 Activities of Aids to trade

Aids to Trade

TransportationWarehousing Banking Insurance Advertising

CCP104.9 to 10 7
Significance of Aids to trade

 All the activities – Banking, transport,

warehousing, insurance, advertisement are
related to each other

 It is difficult to separate any one activity

 If any one activity is withdrawn all the activities

are disturbed

 All the above activities directly and indirectly have

influence on the trading activity
CCP104.9 to 10 8
Summary

We have discussed about

 Many related activities of trade
 Meaning of aids to trade
 Various hurdles faced in trade and their
removed
 Inter related activities of Aids to trade

CCP104.9 to 10 9
Quiz

1.The following activity is not related to Aids

to trade
• Banking and Insurance

• Production of Goods

• Transport and warehousing

• Godowns and finances

CCP104.9 to 10 10
2.The following activity may be separated
from Aids to trade

• Banking and transport

• Purchase and Sales

• Transport and Warehousing

• Advertisement and salesman services

CCP104.9 to 10 11
3.The following activity directly help the
trade

• Air, Sea and rail road transport

• Banking and finances

• Warehousing, Advertisement and Salesman

Services

• All the above

CCP104.9 to 10 12
Frequently asked questions

3. List the various hurdles faced in trade

4. Define the word “aids to trade”
5. Explain various aids to trade and how they remove the
hurdles

CCP104.9 to 10 13