Procure example sentences



The importer procures the said document prepared by the appraiser and pays the duty, if any.This chapter provides an overview of the various sources from where funds can be procured for starting as also for running a business.What is Buffer stock? Buffer Stock is the stock of foodgrains, namely wheat and rice procured by the government through Food Corporation of India (FCI).In case goods can be imported only against the licence, the importer needs to procure an import licence.The government procures the cloth for this programme from the powerloom weaver's cooperatives.They procure yarn from the yarn dealer and distribute it among the weavers.The government also announces minimum support price, remunerative and procurement prices for important crops to check the exploitation of farmers by speculators and middlemen.As per AS-3, operating activities are the activities that constitute the primary or main activities of an enterprise, for example, for a company manufacturing garments, procurement of raw material, incurrence of manufacturing expenses, sale of garments, etc.Before goods are offered to people for consumption they must be either produced or procured by business enterprises.The financial requirements of an enterprise do not end with the procurement of fixed assets.As there is central procurement/manufacturing, the multiple-shop organisation enjoys the economies of scale.The system, including the minimum support price and procurement has contributed to an increase in food grain production and provided income security to farmers in certain regions.As stated earlier, international business operates on a simple principle — produce what your country can produce more efficiently, and trade the surplus production so generated with other countries to procure what they can produce more efficiently.They gave advances to weavers, procured the woven cloth from weaving villages, and carried the supply to the ports.It's distinguished characteristics are: an economic activity, production or procurement of goods and services, sale or exchange of goods and services for the satisfaction of human needs, dealings in goods and services on a regular basis, profit earning, uncertainty of return, and element of risk.

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