The aim of this book is to provide the reader with a general picture of the business world, particularly in the UK. As a summary of the commercial system it will be useful to RSA, BTEC and GCSE students, and will also be suitable preliminary reading for GCE A and BTEC National levels.
Provides the reader with a general picture of the business world, particularly in the UK. As a summary of the commercial system it will be useful to RSA, BTEC and GCSE students, and will also be suitable preliminary reading for GCE A and BTEC National levels. The book provides a short survey of the British economic system, and then deals with the different forms of business organization in the private and public sectors. It goes on to describe "aids to trade" such as banking, advertising and transport.
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Part 1 Introduction to the economic system: what is commerce; the economic system; the free-market economy; the planned economy; the mixed economy; industry and commerce. Part 2 Private sector firms - legal structure: limited liability; sole trader; partnership; private limited company; public limited company; joint-stock companies; registration of joint-stock companies; co-operatives. Part 3 Private sector firms - organisation of production: internal organisation of a typical business; the size of firms; location of industry. Part 4 Private sector firms - finance: why firms need capital; retained profit; borrowing; share issues; government grants and loans; the stock exchange; factors affecting share prices; a typical share issue. Part 5 Public sector production: the public sector; local government; nationalized industries; control of public corporations; privatization. Part 6 Business documents: a typical business transaction on credit; value added tax. Part 7 Business accounts: the balance sheet; gross and net profit; stock turnover. Part 8 Retailing: the organisation of retailing; types of shop; other types of retailer. Part 9 Wholesaling: types of wholesaler; services provided by the wholesaler; is the wholesaler necessary; bypassing the wholesaler. Part 10 Money and finance: the importance of money; the Bank of England; specialist financial institutions; commercial banks; types of bank account; cheques; the credit transfer (giro credit) system; direct debiting; other banking services; building societies. Part 11 Communications: the importance of communications; the Post Office; British Telecommunications PLC; Mercury Communications Ltd. Part 12 Transport: the importance of transport; factors affecting the choice of transport; road; rail; sea; inland waterways; air; pipelines; containerization; the Channel Tunnel. Part 13 Insurance: the statistical basis of insurance; principles of insurance; personal insurance; insurance for business; organisation of British insurance; Lloyds of London; insurance and the economy. Part 14 Advertising: types of advertising; arguments for advertising; arguments against advertising; advertising media; control of advertising. Part 15 Consumer protection: principles of consumer law; consumer legislation; consumer organization. Part 16 Overseas trade: the advantages of foreign trade; protectionism; the balance of payments; difficulties facing exporters; assistance for exporters; financing of international trade; Britain and the European Community.
Business and Commerce by Gerry Gorman
Used - Very Good
John Murray Press
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