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Is commerce a part of production or a separate process?

Commerce is a separate process from production. Production involves the creation of goods or services, while commerce involves the buying and selling of those goods and services. Commerce includes activities such as marketing, distribution, sales, and retail.


Is commerce part of the production process or a separate process?

For some, commerce may be seen as part of the production process as it involves the exchange of goods and services and the creation of value. Others may view commerce as a separate process that is distinct from production, as it typically involves the exchange of goods and services that have already been produced.


What is commerce and type of commerce?

Commerce is the distribution production of buying and selling of goods and services


How did changes in agriculture boost commerce?

Changes in agriculture boost commerce through higher production


How a production possibility curve depends on factors of production?

A production possibility curve depends on factors of production because they are all part of one big group. For example, if raw material does not arrive when needed, there can be no production. Each part of the production process depends on the step before it.


What is the most important part of commerce in a nation?

commerce


What agency is responsible for conducting a census?

Department of Commerce is responsible for the census process. "Other essential operations conducted by the Commerce Department include the constitutionally mandated decennial census..." For more information visit http://www.commerce.gov/about-department-commerce


Why commerce is the life blood of a nation?

commerce is the life blood of a nation because is the process of buying and selling


Is commerce limited to distribution?

Well, honey, commerce isn't just about distribution. It's like asking if a cake is just about the frosting. Commerce involves a whole lot more, like buying, selling, and exchanging goods and services. So, distribution is just one slice of the pie when it comes to the world of commerce.


What is meant by feeder mechanism?

Generally a feeder mechanism is a subordinate part of a larger production process. It provides and supplies materials to a production process, machine or person for further manufacturing and modification of a product to be carried out.


What are advantages of indirect production in commerce?

Indirect production in commerce refers to the process of outsourcing certain tasks or processes to third-party suppliers or manufacturers. One advantage of indirect production is cost savings, as it allows businesses to benefit from economies of scale and specialization. Another advantage is increased flexibility, as companies can adjust their production levels more easily in response to market demand. Additionally, indirect production can also lead to improved quality and innovation through collaboration with specialized suppliers.


How you get the notes of principle of commerce hsc part 1?

describe scope of commerce?