Commerce Fundamentals Quiz

The legal regulations governing business operations

The financial transactions between businesses and consumers

The process of manufacturing goods and providing services

The organized system of activities contributing to the distribution of goods and services (correct)

Advertising and marketing of products

Financial investments in businesses

Transportation of goods from manufacturers to retailers

Exchange of goods and services between buyers and sellers for a price (correct)

Diversity in the distribution of natural resources, human needs and division of labour (correct)

Market demand and consumer preferences

Technological advancements and innovation

Government regulations and taxation policies

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<p>Retail and wholesale trade within a country</p> Signup and view all the answers