Commercial Services Essay

782 Words2 Pages

Efficient Commercial Services Market

Commercial services are established all around the world and it mainly offers comprehensive, customized solutions to your international trade challenges and provides export promotion assistance through a variety of products and services. For example commercial services in the UK, promotes export of UK goods and services to strengthen the UK economy, maintain job security and create jobs protect and advocate for UK business interests abroad. They also assist UK firms in realizing their export potential by providing counseling, overseas market information, international contacts, and trade promotion vehicles. Services like these tend to support the export promotion …show more content…

Not only for these issues, but businesses also need commercial services to help them produce effectively. If they produce effectively therefore demand levels will increase and so this will enable survival. The most common service includes:

Ø Transport

Either by rail, road, water or even air can be the efficient way to transport goods. However goods mainly go by road. An example is that organisations may run its own fleet of vans or lorries, hir vans and lorries when they are needed or outsource the transport service to a private contractor.

Railroad has been split into regions that each company has a monopoly in its own area, since privatisation. And this has increased the distribution of goods as well as quantity and also made the distribution faster. For example it takes three hours from London to Paris!

Passanger air travel is also growing rapidly.Bussinesses may …show more content…

Such as banks and building societies, which offer term loans and mortgages, and stock market, where new issues of share are sold to raise new company capital. Again, either by selling shares on the stock market or even obtaing long term funds this could help the business to grow and become more established, which means it is possible of gaining economies of scale. And whenever this reputation of a business increases, this will therfore increase the chance of survival and make the business more competitive throughout the market. This type of commercial service is also useful as it automatically provieds a way in which shareholders can sell shares 'second-hand' to other investers and this could be an advantage as this route can enable a faster method of obtaining finance and it could be used towards a firms survival.

As you can see from the brief, valuable infromation explianed above, a firm cannot survive without an efficient commercial service. Well this is because the serices itself assit or even give their full support in the firms success and obtaining all aspects of this service

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