Question:
What are the different types of business activities?
Answer:
Business activities are broadly classified into:
- Industry: Engaged in production, processing, and manufacturing (e.g., textile and IT industries).
- Commerce: Involves trade (wholesalers and retailers) and auxiliaries like banking, insurance, transportation, and warehousing that support trade.
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Popular questions of class 11 Business Studies
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Recently Viewed Questions of Class 11 Business Studies
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