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Titlebook: Mastering Background to Business; Terry Price Textbook 1989Latest edition Macmillan Publishers Limited 1989 insurance.marketing.organizati

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,Distribution — retailing, wholesaling and other markets,ds and services which is probably fairly typical of families all over the country. These goods and services reach the consumer — the person who uses (consumes) the goods — through a process known as distribution or the chain of distribution.
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Finance,s own business and an opportunity arises when, following the death of his father, Frank is left a sum of £48 000. Frank buys two lorries and rents garage space and a yard near his home. He takes on one employee as a lorry driver and sets up in business as Bennison (Haulage). Because the prices which
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Insurance and business insolvency,alls and the business starts to make a loss or the business property may be damaged by fire or some of the business goods may be stolen. Business is risky but fortunately some of the risks can be protected against by means of insurance. In this chapter we will be considering the principles of insura
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Personal finance,expansion. In this chapter we will consider personal finance, that is how individuals might borrow money or how individuals might lend money to earn interest. In Chapter 1 you will remember we considered the case of the Percival family and how they used their income to the best advantage as they saw
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International trade,ch other. This trading between countries is known as international trade. Britain, for example, cannot produce such materials as copper, gold and uranium, nor foods like oranges, lemons, tea and coffee, to name but a few, and it therefore has to import copper from Zambia, gold and uranium from South
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Business and the government,overnment, either nationally or at local leve, is responsible directly for many other services. In Chapter 16 we will see that the government has a great deal of influence through the taxation system. There are other areas, however, where the effect of government is felt, and any business is constan
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