business activities are divided in which two parts
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Answered by
1
Explanation:
Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.
Answered by
5
Answer:
business activities are divided into:-
- industry
- commerce
The sector where raw material gets converted into useful products is called industry.
commerce as all those activities which help directly or indirectly in the distribution of goods to the ultimate consumer. There will be no use of producing goods unless & until these goods reach the ultimate consumer. Goods are produced at one place & consumers are scattered at different places.
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