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O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2023 · Q31 Mark

Which definition describes trade?

Abuying and selling of goods and services
Bchanging natural resources into consumable goods
Cproducing and distributing goods and services
Dsatisfying humans with goods and services

✓ Correct answer

A: buying and selling of goods and services

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 3.

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