The process of buying, selling and distribution of goods and services is
Answer Details
The process of buying, selling and distribution of goods and services is referred to as "commerce". It involves activities such as advertising, promoting, selling, and delivering products or services to customers, as well as managing the relationships between buyers and sellers. Commerce includes different types of transactions such as buying and selling of goods, services, or ideas. The process of commerce involves a wide range of activities such as production, distribution, transportation, warehousing, and retailing. Therefore, commerce is a vital aspect of any economy, as it facilitates the exchange of goods and services between producers and consumers, leading to economic growth and development.