Meaning and Scope of commerce - SS1 Commerce Past Questions and Answers - page 1
What does commerce primarily involve?
Production and consumption
Buying and selling
Advertising and marketing
Which of the following is an integral part of commerce in the digital age?
Manufacturing
Logistics
E-commerce
What is the role of finance in commerce?
Managing the supply chain
Promoting and selling products
Facilitating monetary transactions
What does supply chain management involve in commerce?
Promoting and selling products
Managing financial transactions
Sourcing raw materials and distribution
Which of the following is a characteristic of entrepreneurship in commerce?
Managing the supply chain
Buying and selling goods
Innovating and taking risks
What is the main purpose of commerce?
Name one area covered by commerce that involves online transactions and internet-based trade.