Business Studies, asked by mithunbgowda2, 5 months ago

11. State the two types of activities of commerce.

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Answered by vcbasanal

1

Answer:

Commerce includes two types of activities: Trade- Trade involves buying and selling of goods. ... Auxiliaries to trade- These are activities which supports trading. Transport, banking, insurance, warehousing, and advertising are regarded as auxiliaries to trade.

Answered by Anonymous

26

Answer:

Commerce includes two types of activities: Trade- Trade involves buying and selling of goods. ... Auxiliaries to trade- These are activities which supports trading. Transport, banking, insurance, warehousing, and advertising are regarded as auxiliaries to trade.

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