BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -business. A person engaged in business is called a businessman. Business activities may be broadly classified into two categories-industry and commerce. Industry is concerned with the processing of materials and production of goods, whereas commerce is concerned with the distribution of those materials and goods.

Detailed explanation-2: -More specifically, commerce is not business, but rather the part of business which facilitates the movement and distribution of finished or unfinished but valuable goods and services from the producers to the end consumers on a large scale, as opposed to the sourcing of raw materials and manufacturing of those goods.

Detailed explanation-3: -industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. In economics, industries are generally classified as primary, secondary, tertiary, and quaternary; secondary industries are further classified as heavy and light.