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These organisations are engaged in buying and selling of goods. - Commercial Applications

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Question

These organisations are engaged in buying and selling of goods.

Options

  • Banking and finance companies

  • Trading organisations

  • Transport organisations

  • Manufacturing organisations

MCQ
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Solution

Trading organisations

Explanation:

Trading organisations are primarily involved in the buying and selling of goods. They act as intermediaries between producers and consumers. This includes wholesalers, retailers, importers, and exporters. On the other hand, banking and finance companies focus on financial services, transport organisations deal with moving goods or people, and manufacturing organisations are involved in producing goods. Therefore, the correct choice is trading organisations.

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Chapter 1: Introduction to Commercial Organisations - EXERCISES [Page 18]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 1 Introduction to Commercial Organisations
EXERCISES | Q I. 14. | Page 18
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