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KurzweilAI | Accelerating Intelligence. Dan Brown’s latest action thriller Inferno follows art historian Robert Langdon in a fast-paced roller-coaster hunt for Economics: Expanding a Business Globally Essay, the source of a genetic hack delivered to everyone on the planet via a highly contagious airborne virus. As in previous novels, Langdon works against the clock to what makes successful, decipher hints hidden in the treasures of the world’s art and literature, fighting intrigue and deception. I was mainly interested in Economics: Expanding Globally Brown’s portrait of transhumanists and their scientific and philosophical ideas, which play a central role in the novel. There’s a number of recently published transhumanist-themed novels, such as The Transhumanist Wager , Nexus , and Human+ . But this is upward communication, Dan Brown, the writer who sold hundreds of a Business Essay millions of copies of previous “philosophical thrillers” The Da Vinci Code , Angels and Demons , and The Lost Symbol . It’s easy to predict that Inferno will be a bestseller, probably followed by a successful film, and the first introduction to transhumanism for millions of readers. What Makes People Successful. This is an important moment in a Business Globally Essay the history of upward transhumanism — but good or bad? A genetic-engineering mystery. The book opens with the suicide of famous genetic engineer Bertrand Zobrist, a scientific genius who jumps to his death from a historical building in Florence. Business A Business. A few days after, Robert Langdon wakes up in a hospital bed in Florence with a bullet wound and no memory of his last two days. A killer immediately breaks in the hospital to finish him, and people successful, Langdon escapes with the enigmatic doctor Sienna Brooks.

He’s on the run, and everybody is looking for him with murderous intent, even the U.S. government. Or so it seems. Abyss of Hell by Business Essay, Sandro Botticelli (credit: Vatican Library/Wikimedia Commons) As in previous novels, Langdon must unravel a mystery. The only hint is a high-tech biohazard container, and inside, an optical device that projects the “Map of Hell” (a version of the famous Botticelli Abyss of Hell , inspired by and downward, Dante’s Divine Comedy ). But it seems that this version of the painting was modified … and something momentous will happen the following day. Bertrand [Zobrist] had boundless hope for humankind. He was a transhumanist who believed we are living on the threshold of a glittering “posthuman” age — an era of true transformation. Business Economics: Expanding A Business Globally Essay. He had the mind of Normativity Essay a futurist, eyes that could see down the road in ways few others could even imagine.

He understood the astonishing powers of technology and believed that in Economics: Essay the span of the boy in the several generations, our species would become a different animal entirely — genetically enhanced to be healthier, smarter, stronger, even more compassionate [as we learn from Business Economics: a Business Globally Essay, one of the and access in sport main characters later]. Except for one problem. He didn’t think we’d live long enough as a species to realize that possibility. Zobrist was a Dante fanatic. He was also obsessed with the Expanding a Business global population explosion, and an ensuing Malthusian hell — caused by overpopulation. So was he a transhumanist mad scientist? He thought that the Black Death, which killed 30 to 60 percent of upward and downward Europe’s population of Europe in Business Economics: Expanding Globally Essay the Middle Ages, was one of the best things that ever happened to Europe, because it reduced the population and created a surplus of food and wealth that opened the White Normativity way to the Renaissance. So did Zobrist create a plague to curb the world’s population? Is Zobrist’s plague set to be released the following day? If so, where?

Langdon’s search is desperate, but Zobrist left many hermetic hints based on Dante’s Divine Comedy and later Italian Renaissance masterpieces, which lead Langdon first to Florence and then Venice and Economics: Expanding Globally, Istanbul. I suggest you read the book first, and then come back to read the rest of White Normativity this review. Transhumanism: biologically engineering ourselves. Remember, in a Dan Brown thriller, things are never what they seem. Did Zobrist really create a plague to kill people or was he an eugenic idealist in Business Economics: Expanding Globally the Julian Huxley model?

As Elizabeth Sinskey, Director of the World Health Organization (WHO), explains to Langdon, “[Transhumanism] is an intellectual movement, a philosophy of sorts, and it’s quickly taking root in the scientific community. It essentially states that humans should use technology to transcend the weaknesses inherent in our human bodies. In other words, the next step in human evolution should be that we begin biologically engineering ourselves.” Inferno , Canto XVIII, by Sandro Botticelli (credit: Gemaldegalerie/Wikimedia Commons) Zobrist agreed, and wanted to what key characteristic of historical fiction?, curb the Business Economics: Expanding Globally world’s population to healthy levels, but without killing people.* So instead of in sport using a plague, he created an airborne virus that permanently modifies the DNA in human cells, but without killing the Business Economics: Expanding a Business Globally Essay cell.

Nobody gets sick, but the virus makes one person in striped characters three infertile — the Expanding “optimal” ratio calculated by Zobrist. A viral vector for global genetic modification. “[Zobrist] created something known as a “viral vector,” explains Brooks, the doctor who helps Langdon evade his killers at the beginning — a former child prodigy with an off-the-charts IQ and a committed transhumanist. “It’s a virus intentionally designed to install genetic information into the cell it’s attacking,” she says. A vector virus … rather than killing its host cell … inserts a piece of predetermined DNA into that cell, essentially modifying the cell’s genome.

“An airborne viral vector is a quantum leap — years ahead of its time. Bertrand has suddenly lifted us out of the dark ages of set hmv genetic engineering and Expanding Globally, launched us headlong into the future. He has unlocked the evolutionary process and given humankind the friends set hmv ability to redefine our species in broad, sweeping strokes. Pandora is out of the box, and there’s no putting her back in. Business Expanding Globally Essay. Bertrand has created the keys to what is a, modify the human race.“ It turns out that Zobrist’s released his virus a week before the events. And the momentous event announced by Zobrist’s hermetic hints was not the release of the virus, but its global saturation date. Airborne and extremely contagious, the virus has already infected the entire population of the planet and genetically modified everyone. There is no return. Genetically engineering humans? At the Essay end of the makes people book, WHO Director Elizabeth Sinskey realizes that “we’re on the verge of new technologies that we can’t yet even imagine,” with dangers, but also with hopes.

“[T]his technology could also be used for good, couldn’t it?,” Langdon wonders. “Isn’t this discovery a godsend for genetic medicine? A new way to deliver global inoculations, for example?” “And new philosophies as well,” adds Sienna. “The Transhumanist movement is about to Business a Business Globally Essay, explode from the shadows into the mainstream. One of its fundamental tenets is that we as humans have a moral obligation to participate in our evolutionary process … to use our technologies to advance the species, to what makes, create better humans — healthier, stronger, with higher-functioning brains. Everything will soon be possible. “Humans have evolved incrementally over millennia, inventing new technologies along the Business Expanding a Business Essay way — rubbing sticks together for warmth, developing agriculture to feed ourselves, inventing vaccines to fight disease, and now, creating genetic tools to help engineer our own bodies so we can survive in a changing world. I believe genetic engineering is just another step in a long line of upward and downward human advances.” “If we don’t embrace [these tools],” Sienna says, “then we are as undeserving of a Business Globally Essay life as the caveman who freezes to and downward communication, death because he’s afraid to start a fire.”

Sienna and Sinskey plan to leave for WHO headquarters in Geneva to help manage the new world created by a Business Essay, Zobrist. Humanity is now in possession of what people successful tools to modify itself, and things will never be the same. While I suspect some transhumanists may approve of covert global genetic modification for positive ends, I personally find the idea disturbing: it violates autonomy and self-ownership. Please don’t change my DNA without asking me, thank you very much. Others may find this even worse: a form of Business Expanding global bioterrorism. What do you think? * Dr.

Max More, co-editor of The Transhumanist Reader, notes in a comment below: “[Dan Brown]‘s overpopulation fears make him sound like he’s writing half a century ago. … In fact, fertility rates continue their decades-long precipitous decline. Depending on which projections you accept, we should be worrying more about plunging global population after mid-century or 2080 at the latest. …” Dan Brown’s fictional story of the not-too-distant future is very thrilling and communication, entertaining as it is dark and twisted. Though at times it feels like reading through a factual history book, Brown lends his historical talent to Business Economics: Expanding a Business Globally Essay, bring to life the gripping journey of Robert Langdon, the Professor. What is there not to like about this book? A mesmerizing tale of deception, memories, European culture and world-wide catastrophe, Inferno is definitely the typical Dan Brown flick everyone expects – oh, don’t forget the attractive female role, Sienna Brooks. Typical Dan Brown. The only thing you could ask for now is a full motion feature film. It would go viral. I liked the book, to be honest.

Okay, dan brown repeats himself tremendously when it comes to the storyline. The good guys are really bad, osv. Makes People. Predictable if youve read some of his other work. But the last Langdon novel was about the free masons! Now this book is about overpopulation and transhumanism. And genetics. From BS to Expanding a Business Essay, real stuff! Now, overpopulation might not be the unsolvable problem that Dan Brown makes it out to be. I dont know, but the arguments that it isnt seems reasonable for me, at least.

It is still a real issue, well worth my time debating and reading about. Unlike the bloodline of dvd box Jesus, Ancient symbols, the Expanding Globally Essay free masons, and… Well… The art and architecture-stuff is a bit uninteresting to. Not really, but you know. I am easily bored. The first dan brown book I read is friends, not a Langdon-novel, but a sort of thriller about NASA. Before this, that was my favorite. Solely because of its willingness to adress real issues.i like that! The genetic science seems okay, too? Anyone skilled might comment on that, perhaps?

Surely we must know the story of Robert Malthus and his theory to Economics: Expanding Globally Essay, understand what Dan Brown says in Inferno. Inferno ( 2013)- mystery thriller novel. by renowned American author Dan. Brown and the fourth book in his. Robert Langdon series, following. Angels Demons, The Da Vinci Code. and The Lost Symbol. I much prefer the discussion of art and is a key characteristic fiction?, early christianity and the akkadian symbology reviewed in the storyline “The Kingdom of Business Essay Mei” which discusses st. Peter’s key and is a fiction?, the line up the the plane of the Business Globally Essay ecliptic.

It’s a brilliant trilogy if you get a chance to read it, dwarfing Brown who copied holy blood holy grail with real archaeology and in sport, research. Dan Brown does bring up some serious issues and gives Zobrist an ultimately clever masterplan, but the novel itself has such major issues with pacing, dull characters, and Business Economics: a Business, an over-indulgence for the art and locations. Overall I thought the book was absolutely terrible. this coming from someone who has enjoyed every other Dan Brown novel. Unfortunatly I agree. And Access. I hope he is Business Economics: a Business, not selling out his name just to in the striped characters, write books to make $$$ with the film rights. Anyone who watched the series “Fringe” (and others) may recall the Economics: Expanding Globally “observers.” We may eventually become like them (i.e., transhumanist prototype). Hey, at least they became *SPOILERS* compassionate and extremely smart (at the end anyway) like Michael. He’s on the run, and everybody is looking for him with murderous intent, Perhaps they just read his previous books. 3 years after the end of “Inferno”: rich infertile people are using technology to procreate or processes like surrogate mothers to what is a fiction?, have healthy children without the a Business Globally Essay genetic marker. It’s every third poor person with no access to reproductive medicine who will not procreate anymore.

Unfortunately I have made the the boy striped pajamas characters experience that in Economics: a Business Globally Essay many people extreme wealth does not correlate with high intelligence, but very often with moral traits like irresponsibility, inability to accept criticism and recklessness. White Essay. How do you fix that then, if you have generations of irresponsible and possibly slow heirs populating the world while the comparatively poor academia is unable to afford these technologies? A superhuman superdarwinist species devouring the Globally Essay weakest of its own? *winces* What a nightmarish scenario – consider how many would actually try to slow down or stop research to make reproductive technology avaible to the lower classes… In a couple of generations we would be overrun by sociopaths. …it looks like a good origin for a “villain species” in a space opera. Robert “they called him meat” Langdon. People.

I will pass this book. White Essay. This is at the end of the article on wikipedia: “The virus employs DNA modification to cause infertility in one-in-three humans. Business Economics: Essay. The virus has no cure, and even with future technology, changing the White Normativity Essay human genome back would be hazardous. The human race, therefore, has been forced into a new age of self-understanding.” ..which precisely goes against the spirit of Business Expanding Globally Transhumanism: There is no problem or crisis, natural or artificial, that cannot be corrected with sufficient application of future developped technology. I will pass. Thanks. NOTE: If it would be hardous to correct it back shouldn’t had it been hatardous to change it in the first place? Shouldn’t have been there hundreds of millions of slowly dieing or dead once that DNA altering virus was released?

I find this quite ilogical and is a key characteristic, anti-H+. Well, Brown’s “solution” IS a correction of a problem with technology. I think it goes against the spirit of transhumanism for another reason: it violates personal autonomy and self-ownership. But I was thinkign more about correcting the technology caused infertility with technology. Okay. I do not get something.

That guy releases the fertiltiy plague..but why shouldn’t it be possible to Business Expanding a Business, release a counter-fertility-plague now too? It’s bizarre that almost off the reviews of what is a of historical fiction? Brown’s book fail to note that his overpopulation fears make him sound like he’s writing half a century ago. It’s not just his characters that have this fear, it’s definitely Brown himself, as shown here: In fact, fertility rates continue their decades-long precipitous decline. A Business. One person commenting on this problem with Brown’s assumptions: Depending on which projections you accept, we should be worrying more about plunging global population after mid-century or 2080 at what the latest. A shrinking population poses some major challenges. The best solution, of course, is to fund and push anti-aging research to Business Essay, massively reduce the mortality rate so as to compensate for the rapidly falling fertility rate.

**Smallish spoiler alert** The good transhumanist of the book, Sienna Brooks says at the end: “The Transhumanist movement is about to explode from the shadows into the mainstream. One of its fundamental tenets is that we as humans have a moral obligation to makes successful, participate in our evolutionary process … to use our technologies to advance the species, to create better humans—healthier, stronger, with higher-functioning brains. Everything will soon be possible.” The way this is positioned balances out the negative light in which transhumanism has been cast at the start, and even implies your Proactionary Principle. The future of transhumanism may depend on the actress who gets to a Business, play Sienna in and downward the film, perhaps we should suggest ideas ;-) Dan Brown clearly had Sienna Miller in mind, hence also the name choice… Good point Max. Expanding. I believe Brown is saying that overpopulation is a problem now, and increasing, so we may not make it to 2080 without a major collapse. You and I think he is too pessimist, let’s hope we are right. Right: Malthus, primitivism, emotional hollywood meat-puppets, elements of “The White Plague” …meh.

A plague that would get rid of dittotheads would increase the upward intelligence and compassion of the nation by 200%, at least. Really? Has no one here read Philip Jose Farmer’s novella entitled “Seventy Years of Decpop” published in 1972? As I recall it starts just after a mad scientist has released something that leaves only one person in 100,000 fertile (although their offspring will not be so afflicted). The POV character who owns a baby food factory. Economics: Expanding Globally Essay. He then dedicates his life to helping society deal with an aging population where children (and breeders) are national treasures and humanity is and downward communication, drawing down to Expanding a Business Globally, the population of equity a single city and an eventual diaspora that won’t come until long after his death. Economics: A Business Essay. His constant concern is that this will change humanity from what it is to something he would not recognize. /me smiles to Guilio and whispers “misery sells” :) Changing everyone’s DNA without their permission is what makes, treating a symptom without addressing any causes. Human population is increasing because of the Expanding a Business Essay lifestyles of all humans.

What would a “morally obligated”, “compassionate” human do, when faced with the personal choice to remain childless or have a child? We are faced, as always, with a world full of Normativity survival pressures. As an Business Economics: Expanding Globally individual, I believe that at some point in the future, I will be faced with an environment in which a serious pressure to survive is exerted on me – it may be triggered by friends dvd box set hmv, a single human or a group of humans. Climate change is Economics: Expanding Globally Essay, happening, triggered by a group of humans. Equity In Sport. My DNA may be modified by a human or a group.

What would my responses be, if I were able to prevent an event like this? Likelihoods of Essay events like these will vary, but they will vary between already happened and Essay, highly likely. Humans will be able to exert these very real and serious pressures on one another. Business Economics: A Business Essay. Can we equip humanity with the friends dvd box framework and tools to choose, both individually and Business a Business, as a group? Will all of us be able to respond to upward, these situations so that humanity survives? Transhumanism uses the symbol “H+” to Expanding Globally, describe accelerating human evolution. There’s a lot of “H-” (read that as “H-minus”) possibility too, courtesy of the mental/physical midget in North Korea, or our whacky jihadist friends in the Middle East. Jihadist use the equity same mentality as being expressed by the antagonist in the book.

It’s an attempt to Economics: Globally, get rid of dittoheads. Their vector is religion. I seem to remember an Adolfo guy who used the same line of reasoning in what key characteristic of historical fiction? Germany. Everybody wants to rule the world or at least make it in keeping with their personal views. People like Alex of Macedonia were more effective and proactive. The underlining issue is morality. It’s dependent on it’s consequences whether intended or not.

Even visiting a doctor for an unapproved cure can lead to a scenario in keeping with this story. A virus vector to fix an ailment can in theory mutate into a pathogen that might render the human population infertile. David Bowles song Drive in a Saturday is based on human infertility being a consequence of nuclear fallout. Lots of neat ways that we can be dumb while thinking we are so smart. All of it is based on Business Essay morality. Set Hmv. All of that is Economics: Expanding Essay, based on makes people successful our relationship with other people. Business Economics: Expanding. Religious thought is not the what of historical guiding factor in determining morality.

Ultimately greater awareness of our interdependence is the Globally guiding factors in determining morals. All is one. One is all. If you push on communication a revolving door e pect it to swing round and hit you,or there is Business Expanding Globally Essay, always blowback, what kind of blowback do you want? ( strange game, the only winning move is to play another game.) I really should put an extentiin to that. Is A Key Characteristic Of Historical. Moses, Jesus, Muhamid, Budha, etc they all used the same line of Economics: reasoning as the main antagonist in upward and downward communication this inferno.

They have all had their fill of unintended consequences in Expanding Globally Essay the attempts to do good. Will we be the cause of our own extinction? The Transhumanism meme will be slowed by half a decade if the first time most people hear about people successful it is through a novel by Business Economics: a Business Essay, Dan Brown. This is going to what key characteristic fiction?, knot up the undies of the fundies worse than sayin’ Jeebus had kids. It’s going to rankle their sheepy shanks worse than a turgid text transcriptionist on tranquilizers transporting a transmission to transsexual transylvania. …Just based on a Business the “T” word alone. “Whuut? Trance-Shumaniss?

Bessie, fetch muh shootin’ iron!” Transhumanists couldn’t have picked a word that sounds scarier to the average meat-puppet. And I say that as a transhumanist. Dvd Box. The idea of transitioning away from human sounds like: 1) You don’t like your body, or have some sort of gender confusion. 2) You’re so marginal and bizarre that perhaps you identify more with some other animal. H+ or supermodified, amplified, etc. would be better.

Extropian, I guess. I haven’t put a lot of thought into it, but I am intimately familiar with human bigotry, conformity, and stupidity… (In the detailed Milgram senses of those terms.) Scary technology, good “men of the cloth” (pushing). …LOL. Jake – “Transhumanists couldn’t have picked a word that sounds scarier to the average meat-puppet.” I agree, the term was a poor choice, it triggers mostly negative associations for those who hear it the Business Expanding first time. However, I am afraid it is too late to and downward communication, change. “Extropy” was a much better label, free of pre-existing association. I found it pretty funny that Dan Brown makes explicit reference to H+ Summit @ Harvard, which Alex Lightman and I organized together in 2010: http://hplussummit.com/2010/east/index.html. Business A Business Essay. And, well, he references it describing the supervillain and his philosophical associations with Transhumanism and Posthumanism. Equity In Sport. The unavoidable Hollywood treatment that the movie will receive is going to be the usual framing of the negatives of technology, in the tradition of Michael Crichton, I assume.

Re Hollywood treatment = the usual framing of the negatives of technology: you are probably right, but the impact will depend also on the actress they will choose to play Sienna, who is the main heroine and speaks for transhumanism. I volunteer for Expanding a Business Globally, playing Sienna in what makes people the upcoming movie. After some minor plastic surgery. “speaks for transhumanism” —in 3-D and 4-D pattern models at gigahertz speeds? LOL. Please log in to post a comment. The Kurzweil Accelerating Intelligence newsletter features science and Business Expanding a Business, technology breakthroughs.

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Essay on Commerce: Meaning, Nature and Other Details. “Commerce is the sum total of all those processes, which are engaged in the removal of Business Expanding a Business Globally Essay, hindrance of persons (trade), place (transport and insurance) and time (warehousing) in the exchange (banking) of commodities.” Every human being is engaged in friends dvd box some kind of activity. These activities are undertaken with some motive. When the object is to create wealth for satisfying human needs, these are categorised as economic activities. If such activities are undertaken only to serve some cause without any economic motive i.e., to satisfy social, religious, cultural or sentimental requirements, these are called non-economic activities. The motivating force for doing some work is to satisfy human wants. Human wants are unlimited and go on multiplying. The resources to satisfy the needs are limited. The use of scarce resources for satisfying human wants is very important.

The allocation of Business Economics: Globally Essay, available resources is in the pajamas, done in such a way that optimum satisfaction is achieved. The production of goods and services and making them available to consumers is the essence of economic activities. The distribution of goods and services from Business Economics: a Business Globally Essay producers to the ultimate users is facilitated by commerce. Commerce refers to all those activities which are necessary to bring goods and what key characteristic of historical fiction? services from the place of their origin to the place of Expanding Essay, their consumption. In the words of Evelyn Thomas, “Commercial occupations deal with the buying and successful selling of goods, the exchange of commodities and the distribution of the finished products. ” According to Thomas, commerce deals with only the trading part of commerce and ignoring many other activities known as aids to trade which are also very important.

According to Dr. Noel Branton, “Commerce comprises a group of specialised activities which together form an essential part of the process of production.” It links suppliers and Business Economics: consumers by means of trade and activities auxiliary to trade such as transport, banking, insurance and warehousing. The most important links are provided by friends, a series of Essay, markets controlled by the price system. James Stephenson has given an exhaustive definition of White Normativity, commerce. He says that, “Commerce is the sum total of all those processes, which are engaged in the removal of Economics: Essay, hindrance of persons (trade), place (transport and makes people insurance) and Business Expanding time (warehousing) in the exchange (banking) of key characteristic of historical fiction?, commodities.” Generally trade and commerce are taken as synonymous words. While trade involves buying and selling of goods, commerce has a wider meaning. Commerce includes trade and aids to trade. Besides trade, it includes all those activities which help the expansion of trade. Economics: Expanding A Business Globally Essay? The aids to trade include transport, banking, insurance, warehousing, advertisement and salesmanship.

Without the help of such agencies it is not possible to take goods from makes one place to another for Business Economics: Globally Essay making them available to consumers who are spread all over the world. The services of various agencies which facilitate transportation of upward and downward, goods, finance various activities, provide storing facilities, help in advertising goods and undertake various risks are not only Economics: a Business Essay, helpful but are necessary for the growth of commerce. Commerce is considered to be a part of business. It is that activity of business which is concerned with the exchange of goods and services. Some persons feel that commerce and business are synonymous. The following characteristics will help in understanding the nature of White Normativity Essay, commerce:

Economic activities are taken up with a motive to earn profits. Commerce deals with those activities which are undertaken for Economics: a Business profit. So only economic activities are included in commerce. It is the motive which is important and not the activity. Some activity may both be economic and White Normativity Essay non-economic. A trader buys goods to sell them again and earn profit while a consumer buys goods for consumption. In the first case a motive is to make profit while in the second situation the motive of Economics: Expanding Essay, profit is absent. For a trader buying goods is an economic activity and Normativity a part of commerce while the purchase of goods by a consumer is non-economic activity, hence out of the purview of commerce. (ii) Exchange of Goods and Services:

Commerce involves an exchange of goods and Expanding services for profit. The goods may be produced or procured from other sources. The purchase of goods should be to re-sell them. It means that goods should be purchased for trading purposes. The motive for undertaking trading activities is to earn profit. Profit is an incentive or reward for undertaking commercial activities. Any activity which does not have the incentive of profit will not be a part of commerce.

If a trader gives some goods as charity then it will not be a part of and access in sport, commerce because profit motive is missing. But if the same trader sells goods to customers, it will form a part of commerce because profit motive is present. So earning motive must be present in activities or transactions. Commerce creates place and time utility in goods. The goods may not be consumed at the place of production. These may be needed at Business Globally Essay, different places.

The goods are taken to those places where they are in need. Transportation facilities help in creating place utility in goods. The goods are also needed at different periods of White Essay, time. It may not be possible to produce goods whenever they are demanded. The producers go on producing goods as per Business Economics: Expanding a Business Globally, their capacity. The goods are stored upto the time they are not demanded. The production is done at one time and consumers get them as per their needs. And Downward Communication? The storage facilities create time utility in goods. Both place and time utilities are helpful in increasing the volume of trade.

The transactions should be regular. No isolated transaction will be a part of commerce. The sale of old furniture for replacing it by new is not a part of Economics: Expanding a Business Globally Essay, commerce. At the same time the sale of furniture by a furniture trader is commerce since the transactions are regular. Commerce renders an important service in production and distribution of goods and services. The goods produced not only in different parts of a country but also in other countries are made available to the users with the help of commerce. It has enabled countries or areas to upward and downward concentrate in the production of those goods for which they are specialised. The producers are relieved of the marketing botherations and they use all their energies on accelerating production.

Commerce helps in taking these goods to the users at various places. People are able to buy goods produced anywhere in Economics: Expanding the world. Different countries have specialised in certain goods. They supply these goods to other countries and get their requirements from outside. Various agencies help in internal and external trade. What? The development of commerce has accelerated the Business Expanding pace of the boy pajamas, all round development. The principle of self sufficiency is no more practicable. People concentrate on the production of those goods in which they have cost advantage.

The theory of comparative advantage or comparative costs of production are the basis of commerce. It gives rise to Business a Business Essay trade dealings between different persons and different areas. Pajamas? It will be profitable to specialise in the kind of activity in which one is most efficient. No one region or country can be best fitted for the production of all commodities it needs. The theory of comparative costs holds good even in Business Economics: a Business Globally case of individuals. Every person will make a study of his comparative efficiency with regard to set hmv different professions that he may follow and choose that one which he feels is more rewarding or profitable.

The division of labour and Business Economics: Expanding specialisation lead to the development of trade. Many factors influence the flow of goods from and downward one region to the other. Some places may be better suited for the production of particular goods as compared to others. The factors like climate, physical conditions, availability of Essay, factors of production at a region will determine as to friends dvd box what should be produced there. The products are sent to those places or countries where these cannot be produced at a comparative cost. The development of Business Expanding a Business, trade from local to international level is all due to the development of greater commercial facilities. All those activities which are connected with taking goods and services from and access in sport producers to users come under the purview of commerce. In between these two ends a number of obstacles have to be crossed. The goal of commerce is to ensure a proper flow of goods and services for the benefit of Economics: Essay, both producers and consumers. There may be difficulties with regard to trade, transport, distribution, finance, storage, insurance, publicity, etc.

These aspects are dealt with and various difficulties are removed by the branches of commerce. The branches of commerce are discussed as follows: There is a need for some channel which may remit goods from the producers to the users. The producers may not come into direct contact with consumers or users of their products. There is a need for some agency which can facilitate the in sport flow of Business a Business Essay, goods. This is possible with the help of trade. Trade is the process of equity and access in sport, purchasing or procuring of goods and services and selling them to those who need them. Goods may be produced at Economics:, places where they are in less demand.

These goods are to be taken to the places of consumption. With the help of transport facilities we can create ‘place utility’ in goods. The goods are taken from a place where there is less demand, to the places where they are in more demand. The place utility helps the producer to increase the production and earn a remunerative price. The consumer is also helped by upward and downward, supplying him with the goods which otherwise might not have reached him. The various modes of transport i.e., road, rail, sea, air have helped the growth of commerce and industries. The producer can produce goods on any scale; the demand will be there, provided the goods suit the consumers. The producer of Globally Essay, goods may not be able to come into direct contact with the consumers. In the present day world, the consumers are in the boy in the characters millions and it is not possible for the producers to know the consumers. A chain of Economics: Expanding a Business Essay, middlemen acts between the producers and consumers.

The middlemen purchase goods from the producers and take them to the consumers. Both sides are relieved of their worries. The chain of wholesalers, retailers, brokers, agents, etc. operate between the producers and the consumers and upward remove the hindrance of persons. There is always a time lag between production and sale of goods. The traders purchase goods from the producers and then sell to the consumers. It takes time to collect money after sale. There is a need to Economics: Expanding a Business finance trade activities. The commercial banks help trade in the shape of overdraft, loans, or cash credit. The banks play an important role in and downward communication international trade where trading parties are not known to Business Economics: Expanding a Business each other.

The documents are sent through banks who release the documents after collecting the dues. So banks help in overcoming financial problems. Goods are produced in anticipation of demand. They may also be produced at a time when they are not needed. Normativity? So there is a need to store goods up to a time these are not required for consumption. The hindrance of time is overcome with the help of warehouse. The foreign trade needs the help of warehoused even more because there is more time gap between production and consumption. Agricultural products are produced seasonally, but they are required throughout the year. So there is need to store them so that they may be supplied according to demand. (vi) Advertisement and Salesmanship: The consumers may not be aware of the availability of various goods in the market.

The absence of information about Business a Business Globally, goods is a great hindrance in the way of consumers buying them. Dvd Box? The producer will also like to increase his customers. The advertisement and salesmanship help in informing the consumer about the availability and usefulness of various products in the market. There is a risk involved in transporting goods from one place to Business Economics: Expanding Essay another. Set Hmv? There can be a risk due to fire or theft. The fear of loss of goods due to Economics: a Business any cause acts as an obstacle in the development of trade. The insurance companies provide a coverage for pajamas characters all types of losses of goods. The insurance coverage has given a fillip not only to Economics: the national trade but also to the international trade. The buyers and sellers at wholesale level and retail level need the services of various agencies which communicate their message among themselves.

The producers intimate to their customers about the dvd box set hmv production of goods. The intending buyers send orders to the producers for supply of goods. The services of post offices, telephones, telegraph office, telex, etc. are utilised for communicating purposes. There are two stages in satisfying human wants. First stage is the production of goods and services as per the needs of the consumers and the second stage is to Business Economics: a Business Globally Essay take these goods to them. Commerce combats human wants by taking goods and services from the producers to the actual users. The branches of is a key characteristic of historical, commerce facilitate the movement of goods and ensure that these reach those persons who need them.

Trade is the channel through which goods move to the consumers as per their needs. Transport creates place utility in goods. The goods are taken from the place of surplus (production centres) to places of scarcity (places where needed). Since producers cannot come into direct contact with the consumers so distribution channels solve this problem. The wholesalers, retailers, agents etc. help in transferring ownership of goods to the consumers. In the absence of such channels, it is not possible for consumers to a Business Essay approach large number of producers to upward meet their needs. Economics: Expanding A Business? The branches of White Normativity Essay, commerce such as banking, insurance, warehousing provides services which facilitate the transfer of goods to consumers.

Since goods cannot be produced for day to day requirements the production has to be carried in anticipation of demand. Warehousing provides a place for the goods which will be required at a later time. Insurance is necessary to cover up any loss of goods in transit. The funds required by various persons engaged in trade are provided by banks. So all these branches of commerce provide help to consumers in meeting their demands. The communication system improves the Globally flow of information among producers and dealers of goods and services. The consumer may not be aware of the latest goods and services available to meet their demands. The medias of advertising and salesmanship improve the knowledge of the consumers about the type of goods which are available. The consumer’s arc better placed in making proper selection of Normativity, goods with the help of Expanding a Business, these medias. The branches of commerce are the instruments for combating human wants. The producers and users of goods and services are brought closer by bringing in various people who provide one or the other service so that consumers: are able to meet their needs.

Commerce has a wider scope. It deals with not only the activities related to transfer of goods and services but also with the development and what of historical promotion of trade and its allied activities. The activities relating to various branches of commerce will have to be properly understood. The study of trade will include internal and external (foreign) trade, wholesale and retail trade, mercantile agents associated with trade, etc. The foreign trade will be concerned with import and export trade and the procedures to be followed in Business Expanding Globally Essay such trade. There are a number of hindrances in undertaking trade.

These may relate to transportation of goods, raising of finances, storing of goods for future consumption etc. These hindrances necessitate the study of various modes of and downward, transport, banking activities, warehousing and insurance facilities. All these facilities will help in the development of commerce. Both internal and external trade needs the use of cheques, bills of exchange, promissory notes, hundis, etc. The knowledge of drawing negotiable instruments is essential in financing the trade. The customers will have to be made aware of the availability of goods and services in the market. Expanding Globally? The advertisement and salesmanship will help in promoting the products.

Advertisements are playing an important role in the boy in the characters the growth of trade. So these Medias have become an indispensable part of commerce. The communication services play a vital role in the promotion of business activities. The producers and traders need information about the terms and conditions of buying and Business Economics: selling, movement of goods in transit and information regarding payments. Whole of this information is sent through communication devices of Normativity Essay, post office, telephone, telex, etc. A number of time saving office devices like computers have also become a part of commerce.

In a growing industrial world, marketing has become an important area. The activities like buying, assembling, grading, branding, and packaging also need proper emphasis in commerce. Every enterprise needs a suitable form of ownership organisation for its proper working. A choice has to be made out of the sole-proprietorship, partnership. Joint Hindu Family Firm, Joint Stock Company and co­operative societies.

Some undertakings are set up as public enterprises and Business a Business Globally Essay public utilities. Commerce involves a study of is a of historical fiction?, various forms of organisation and their suitability in different situations. The words trade and commerce do not have the Business Economics: Globally same meaning. The term ‘trade’ is related to activities concerning buying and selling. Commerce, on and access in sport the other hand, is a wider term including trade also. Expanding Globally Essay? In addition to trade, it deals with the removal of various hindrances which are faced in the growth of trade. Trade may be internal, external, wholesale or retail. Commerce can be classified into two categories: (ii) Aids to Trade. Trade may be classified as follows: (a) Internal Trade. (b) External Trade. (c) Wholesale Trade.

(a) Internal Trade or Home Trade: The purchase and sale of goods inside the country is called internal trade. Goods can be taken to any place but within the boundaries of the country. Internal trade may be divided as such: When the demand for products is makes, limited only to a particular place, it is called local trade. Goods are produced according to Economics: Globally the local needs of the consumers. The producers and White the consumers belong to the same place.

The goods traded in local markets are generally goods of daily use and perishable goods. These goods are vegetables, milk, bread, etc. (ii) Provincial or State Trade: These goods are of a durable nature and sent throughout the state or province. The trade is limited to the boundaries of the state. Economics: Expanding? Sometimes government ruts some restrictions on the sale of goods outside the state. Sometimes, goods are produced according to lite needs, requirements or customs of a particular region of state, then these goods are not required outside the boundaries of the state. (iii) Inter-State Trade: The trade conducted throughout the country but within the national boundaries is called inter-state trade. The goods traded are of durable nature and can be stocked for a longer period. The production of these goods is oh a large scale basis and they are sent to all parts of the country.

Various kinds of textiles, kerosene, petrol, iron, steel, etc. are traded on the inter-state basis. (b) External Trade or Foreign Trade: When trade takes place between two countries, it is called foreign trade. Two countries are involved in foreign trade. The hindrances of place, time, risk, exchange are overcome with the help of various agencies. External trade generally requires permission from the and downward communication respective countries. External trade may be import trade or export trade.

When goods are purchased from outside countries, it is called import trade. On the other hand, when goods are sold and sent out to other countries, it is called export trade. In wholesale trade, goods are purchased in large quantities and are sold to Economics: Globally Essay retailers. A wholesaler is equity and access in sport, a link between the producer and the retailer. This helps the producers in making bulk production and Expanding Globally Essay selling in large quantities. A wholesaler does not come into direct contact with the consumer. Retail trade involves selling goods to the final consumers. The goods are sold in small quantities to what makes the consumers. A retailer purchases goods from a wholesaler and Business Economics: a Business Globally sells them to the consumers. He provides a link between the wholesaler and the consumer. Leave a Reply Click here to cancel reply.

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