BARTER SYSTE. HUMAN RESOURCE MANAGEMENT. PRESENTED TO:SIR AHMAD TISMAN PASHA PRESENTED BY:SAIMA ASGHAR ROLL NO:07-20 DEPARTMENT OF COMPUTER SCIENCE BZU MULTAN.

INTRODUCTION. BARTER IS A TYPE OF TRADE IN WHICH GOODS AND SERVICES ARE DIRECTLY EXCHNGE WITH GOODS AND SERVICES.

HISTORY In ancient times when money was not invented trade as a whole was on barter system. one-to-one bartering is still practiced between individuals and businesses on an informal basis, organized barter exchanges have developed to conduct third party bartering.

Trade exchanges. A trade or barter exchange is a commercial organization that provides a trading platform and bookkeeping system for its members or clients. It is estimated that over 500,000 businesses in the U.S. are involved in a barter exchange activities.

Corporate barter Corporate barter focuses on larger transactions, which is different from a traditional, retail oriented barter exchange

Swapping Swapping is the increasingly prevalent informal bartering system in which participants in Internet communities trade items of comparable value on a trust basis.Internet communities

Disadvantages. Double coincidence of wants Absence of standard value No measure value Indivisibility of goods Absence of store of value Difficulty in tax payments