BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is the term for all activities involved in developing and exchanging products.
A
Business
B
Entrepreneurship
C
Economics
D
Corporation
Explanation: 

Detailed explanation-1: -Commerce refers specifically to the exchange of products or services between two or more parties.

Detailed explanation-2: -Product development typically refers to all stages involved in bringing a product from concept or idea through market release and beyond. In other words, product development incorporates a product’s entire journey.

Detailed explanation-3: -Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.

Detailed explanation-4: -Commerce is defined as the exchange of goods and services between two or more entities. It typically involves buying and selling things of value. Commerce can take place between businesses, between consumers, or between businesses and consumers.

Detailed explanation-5: -Finance is a broad term that describes all the activities that go into managing money. In an academic setting, finance is a branch of economics that focuses on things like resource distribution, risk, and return. In a practical context, finance includes all of the activities we do to make, manage, and save money.

There is 1 question to complete.