Business Studies, asked by Imanu01, 11 months ago

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QUESTION➡️Write functions of Commerce.​


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Answers

Answered by Anonymous
7

1) Commerce is a branch of production that deals with the distribution; exchange of goods and services and all activities that assist or facilitate trade.

2) Advertising and sale promotion remove this hindrance by bringing goods and services to the knowledge of consumers.

3) Advertising also persuades people to buy the goods and services. Thus, commerce plays an important role in the distribution of goods.

4) The need for commerce which is concerned with the smooth buying and selling of goods and services.

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Answered by Anonymous
2

Answer:

\huge\mathfrak{\underline{\underline{\red{commerce}}}}

<font color=green>Commerce is the exchange of goods and services, especially on a large scale. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade. In the economic sense, "commerce" refers to the conduct of trade among economic agents.

\huge\mathfrak{\underline{\underline{\red{function \: of \: commerce}}}}

Commerce concerns itself with all those activities that ensure a free and smooth flow of goods and services from producers to consumers. It consists of trade, and the activities which facilitate trade.

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