Q1
Business means ________.
A.
Commerce
B.
Industry and commerce
AnswerC.
Trade and commerce
D.
Selling and buying of goods
Answer: Option B
Solution
Answer: Option B
Solution:
Business means Industry and commerce. Industry is an economic activity, concerned with the procurement and processing of raw materials into finished products, that reaches the customer. Commerce is a business activity, wherein exchange for goods and services for value, is done on a large scale. Capital Required.