Nature, Purpose and scope of Business — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMNature, Purpose and scope of Business2 Marks
Question
Discuss : without tertiary industry imagination of trade is impossible. “
✓
Answer
Trade means exchange of product against money. This exchange is carried out by two or more persons in difficult area, to simplify this dealing some support services are main services.
Business activities have reached very fast and safe due to these support services. In the absence of these support services the scope of commerce would become limited and its development is not possible.
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