JAMB - Commerce (2023 - No. 35)

The function of commerce in relation to production is
helping in the extraction of raw materials from nature
yielding result
providing a link between the different stage of conversion of good
satisfying

Explanation

Commerce links producers and consumers. Production is meant for ultimate consumption. Commerce makes possible to link producers and consumers through retailers and wholesalers and also through the aids to trade. Thus commerce creates contact between the centers of production and consumption and links them.

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