"the structure of business is composed of both industry and commerce". explain
Industry is related to the production of goods and services and commerce has to distribute the goods and services produced by the
industry to the final consumer.
Industry and commerce are interdependent on each other. They cannot survive in isolation as both.
are vital for each other. Commerce will be no use in the absence of industry and industry cannot survive in the absence of commerce.
industry to the final consumer.
Industry and commerce are interdependent on each other. They cannot survive in isolation as both.
are vital for each other. Commerce will be no use in the absence of industry and industry cannot survive in the absence of commerce.