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The process of buying, selling and distribution of goods and services is

The process of buying, selling and distribution of goods and services is

  • A.
    retail trade
  • B.
    commerce
  • C.
    marketing
  • D.
    marketing concept
Correct Answer: Option B
Explanation

Commerce relates to “the exchange of goods and services, especially on a large scale”. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.