Which of the following are the components of commerce?<br/>I Trading and advertising<br/>II Warehousing and transportation<br/>III Packaging and branding<br/>IV Insurance and banking
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Correct Answer: Option C
Explanation:
The components of commerce include activities that facilitate the exchange and distribution of goods and services. Trading, warehousing, transportation, insurance and banking are important commercial activities. Advertising, packaging and branding support commercial activities but are not classified as the main components in this context.
The components of commerce include activities that facilitate the exchange and distribution of goods and services. Trading, warehousing, transportation, insurance and banking are important commercial activities. Advertising, packaging and branding support commercial activities but are not classified as the main components in this context.