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Commerce. C.Y. TIN. Course Aims. To understand the basic knowledge of Commerce and Commercial activities. To understand the commercial activities in Hong Kong. To understand the various aspects of local trade and international trade. 1. Basic Concepts. Meaning of trade and commerce.
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Commerce C.Y. TIN
Course Aims • To understand the basic knowledge of Commerce and Commercial activities. • To understand the commercial activities in Hong Kong. • To understand the various aspects of local trade and international trade.
1. Basic Concepts • Meaning of trade and commerce. • Classification of industrial and commercial activities. • Commercial services.
2. Marketing Concepts • Retailing - (I) Functions (II) Types of retailers (III) H.K’s retail trade • Wholesaling - (I) Functions (II) Types of wholesalers (III) H.K.’s wholesale trade • Modern trends
3. Foreign Trade • Importance of foreign trade to H.K. • International trade documents. • International trade barriers. • Government assistance to foreign trade. • Latest development of foreign trade.
Sale and Purchase of goods • Legal aspects of a Sale and Purchase transaction. • Documents. • Different types of sales eg. Hire Purchase, conditional sales. • Consumer rights and protection.
5. Business Units • Private enterprise and Public enterprise. • Types of business units: sole trader, partnership, societies and limited companies. • Non-profit making organisations: Co-operative societies.
6. Capital • What is capital? • Methods to raise capital. • The banking business. • The Stock Exchange: a. Functions b. Types of securities; derivatives c. Index futures
7. Commercial Services To understand the roles and functions of the following services: • Advertising • Insurance • Transportation • Communication