Business activities are of many types.How would you classify business activities?
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Explanation:
Business activities are classified into two broad categories viz, industry and commerce industry is concerned with the production of goods. It is further divided into three broad categories namely primary, secondary and tertiary. Commerce is concerned with the buying, selling and distribution of commodities.
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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.
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