Business Studies, asked by surajtimung, 7 months ago

what are the function of commerce explain​

Answers

Answered by neetoos1981
3

The process of exchange is full of hindrances. The principal function of commerce is to remove these hindrances so as to ensure a free and uninterrupted flow of goods and services from producers to consumers. Branches of commerce include trade, transport, banking, insurance warehousing, advertising and communication.

Answered by SAMEERSAHIB
1

Answer:

The principal function of commerce is to remove these hindrances so as to ensure a free and uninterrupted flow of goods and services from producers to consumers. Branches of commerce include trade, transport, banking, insurance warehousing, advertising and communication.

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