Question

Discuss various components of commerce.
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Answer 1

1. Suppliers and supply chain management

2. Warehouse operations

3. Shipping and returns

4. Client Relationship Management (CRM) – software and policies

5. Ecommerce catalogue and product display

6. Marketing and loyalty programs

7. Showroom and offline purchases

Answer 2

The various components of commerce are:

1. Transport.

2. Warehousing.

3. Insurance.

4. Banking.

5. Advertisement.

6. Communication.

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