What is Price

Sometimes you may think price is money related topic. But it is not 100% correct. After this discussion I think you can understand what I told. OK, now we look what is Price ? it is simply can be described as the value paid for an exchange. In the history of human was not used money for exchange process. And they used dealing goods to goods, service to service, or goods to service exchange process. But it is not tangible after society decided to measure goods and services. Even today rules villages run this metod is called battering. But in the globalization , battering is not necessary to perform all human needs and wants through exchange process. According the above reasons society comes to use money for each exchange process. Mostly can be taken and easily measure different functions of human needs and wants through exchange process. This economic values are controlled by government. But in the modern society people turned to alternative methods apart money. There are many reasons such as security, portability, accuracy etc. Debit cards are the best example for the alternatives. Easy to use and easy to carry here and there and main advantage is security. And also credit cards are same. In the modern society, people use other methods such as PayPal, eZ cash, and online payment methods. I think those I told are very helpful to handle the modern exchange process. For example we can see eBay for online purchases and here someone can launch buying and selling using easy transaction thorough each countries.

In the Sri Lankan society we can easily use these above I described theories practically for exchange. I think by reading this article you were obtained clear idea about price and its behaviour and characteristics. To read more details, read and click on above management label tag on this blog.