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Differentiate between trade , commerce and …

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Differentiate between trade , commerce and industry.

Posted by Shffi Mongia 5 years, 5 months ago

CBSE > Class 11 > Business Studies

1 answers

Tom Jerry 5 years, 5 months ago

Trade:- it refers to sale transfer of exchange of goods and services. Traders act as a link between the manufacturer and the consumer Commerce :- it refers to all those activities which help directly aur indirectly in the distribution of goods to the ultimate consumer Industry :- it refers to an economic activity which is concerned with conversion of resources into useful goods

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Posted by Shally Sinha 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

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CBSE > Class 11 > Business Studies

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CBSE > Class 11 > Business Studies