Get premium membership and access questions with answers, video lessons as well as revision papers.

Describe five types of business activities.

      

Describe five types of business activities.

  

Answers


Simon
• Construction. This involves building of structures.
• Trade. This is the exchange of goods and services with an aim of making profit.
• Manufacturing. This involves the processing of various raw materials to come up with a final product.
• Distribution of goods. This involves the moving of commodities from one location to another.
• Provision of services. This involves the selling of services like transport facilities, teaching etc.

skilled writter answered the question on May 9, 2018 at 06:26


Next: Outline the assumptions of Economic Order Quantity (EOQ)
Previous: Outline four internal business environments.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions