BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
commerce
|
|
|
service
|
|
|
manufacturing
|
Detailed explanation-1: -The movement of goods from one place to another is called trade.
Detailed explanation-2: -The correct option is A Trade. Trade involves the transfer of goods from one place or person to another and involves the exchange of money.
Detailed explanation-3: -Bartering is the exchange of goods and services between two or more parties without the use of money. It is the oldest form of commerce.
Detailed explanation-4: -Goods movement Goods movement The distribution of freight (including raw materials, parts and finished consumer products) by all modes of transportation including marine, air, rail and truck. is an integral aspect of port operations and planning.
Detailed explanation-5: -Trade refers to the voluntary exchange of goods or services between economic actors. Since transactions are consensual, trade is generally considered to benefit both parties.