Question

Explain in detail the classification of business activities on the basis of their function​

Answer 1

Answer:

Business activities may be classified into 2 categories (A) Industry (B)Commerce..

Explanation:

Industry is concerned with the making of goods. Industry involves changment of raw materials in the form of goods.

Commerce :Under this all the activities happens and connected with taking goods and servies from producers to users... And also Commerce is the part of business .. Commerce done all the activities which helps trade...