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Give one word/phrase/term. Name the business activity which is concerned with distribution of goods and services. - Organisation of Commerce and Management

Question

Give one word/phrase/term.

Name the business activity which is concerned with distribution of goods and services.

One Word/Term Answer

Solution

Commerce

Explanation:

Commerce is the business activity concerned with the distribution of goods and services from producers to consumers. It includes trade and all supporting services like transportation, banking, warehousing, and insurance that help in smooth distribution.

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Chapter 1: Introduction of Commerce and Business - EXERCISE [Page 17]