BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The activities involved in buying and selling goods on a large scale is ____
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business
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commerce
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economy
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monetary policy
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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.
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