Exploring Commerce

• The organization or activity whose goal is to sell goods and services for profit
• The buying and selling of goods and services
• The movement and distribution of finished goods and services (correct)
• The sourcing of raw materials and manufacturing of goods

• It is derived from the Latin word 'commercium' (correct)
• It is derived from the English word 'trade'
• It is derived from the English word 'business'
• It is derived from the Latin word 'merx'

• Commerce involves the movement and distribution of goods and services, while trade is the transaction (correct)
• Commerce is the large-scale organized system of activities, while trade is the aspect of business related to the movement and distribution of goods and services
• Commerce involves the sourcing of raw materials and manufacturing of goods, while trade is the buying and selling of goods and services
• Commerce is the transaction, while trade is the large-scale organized system of activities

<p>The transfer of goods and services from producers to consumers (D)</p> Signup and view all the answers

<p>No, commerce is a subset of business (B)</p> Signup and view all the answers