What do you understand by commercial activities?
Answers
Answered by
8
hey.... Mate !!
here's ur answer
1) Commercial activities are referred to those activities which are link as - financially exchange of goods or money.
2) eg. of commercial activities r business.
hope it might be helpful !!
here's ur answer
1) Commercial activities are referred to those activities which are link as - financially exchange of goods or money.
2) eg. of commercial activities r business.
hope it might be helpful !!
Answered by
8
ANSWER
Commercial activities are the activities which are done to earn money and acquire wealth. The main motive of commercial activities is to earn profits.
Features of Commercial activities :-
•Economic objective- To earn a living and acquire wealth.
•Money income is expected from these activities.
•Directly related to income and wealth.
•Results can be measured in terms of money.
•Guided by Rational consideration of cost and benefit.
•Involve proper allocation of resources.
•Business profession and employement are the types of commercial activities.
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