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Chapter: 11th Commerce : Classification of Business Activities

Classification of Business Activities

All business activities can be classified into two broad categories i.e., Industry and Commerce.

CLASSIFICATION OF BUSINESS ACTIVITIES

Introduction

The manufacturers produces  the  goods  for the consumers at one point of location. They distribute the goods to final consumer through intermediaries like wholesaler, retailers, distributors and the like. All  these process taking place from the point  of production to the point of consumption are collectively called as business activities. All business activities can be classified into two broad categories i.e., Industry and Commerce.

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11th Commerce : Classification of Business Activities : Classification of Business Activities |


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