Commerce is defined as the study of how
-
A.
man utilizes the resources in his physical environment -
B.
man produces, distributes and consumes his goods and services -
C.
man buys, sells and distributes goods and services -
D.
raw materials are changed into finished goods
Correct Answer: Option C
Explanation
Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. It is the activity of buying and selling, especially on a large scale.