compute industry and commerce
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Commerce involves activities essential for facilitating the buying and selling of products.
Explanation:
- The industry is an economic activity, concerned with the procurement and processing of raw materials into finished products, that reaches the customer.
- Commerce may be a commercial activity, wherein exchange for goods and services for value, is completed on an outsized scale.
- The industry involves the conversion of resources into useful goods.
- Commerce involves activities essential for facilitating the buying and selling of products.
- The industry represents the assembly a part of business activities, whereas commerce involves the distribution a part of business activities.
- Risk is high within the industry and low in commerce.
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