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