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Trading companies are businesses working with different kinds of products which are sold for consumer , business or government purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customers. Different kinds of practical conditions make for many kinds of business. Usually two kinds of businesses are defined in trading. Importers or wholesalers maintain a stock and deliver products to shops or large end customers.
They work in a large geographical area, while their customers, the shops, work in smaller areas and often in just a small neighbourhood.
When talking about "trading companies", today we refer mainly to global B2B traders, highly specialized in one goods category and with a strong logistic organization. Changes in practical conditions such as faster distribution , computing and modern marketing have led to changes in their business models.
The Winding-up and Restructuring Act , an act of the Parliament of Canada , uses the following definition". Japan has a special class of "general trading companies" sogo shosha , large and highly diversified businesses that trade in a wide range of goods and services. Trading Companies are mostly b2b business services and they trade by other companies invested money and takes commission.
From Wikipedia, the free encyclopedia. See also [ edit ] Companies portal. Department of Justice Canada. Retrieved December 31, Retrieved from " https: Trade Types of business entity Trading companies. Wikipedia articles with GND identifiers.