MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The activities involved in buying and selling goods on a large scale is ____
A
business
B
commerce
C
economy
D
monetary policy
Explanation: 

Detailed explanation-1: -Today, commerce commonly refers to the large-scale purchases and sales of goods and services. Commerce is a subset of business that focuses on the distribution of goods. Selling a single item is a transaction. All transactions are collectively called commerce.

Detailed explanation-2: -Commerce is the buying and selling of goods or social ties on a large scale. International trade is an example of Commerce.

Detailed explanation-3: -Trade is the art of buying and selling goods and services. It helps people to make money. It can be done within a country as well as with other countries of the world.

There is 1 question to complete.