The information below describes some terminologies used in Business studies.Identify the terms given to each statement.
a)Activities carried out with a view of making profit
b)Increasing the usefulness of goods or services
c)Movement of goods from producers to consumers
d)A person who uses a good or a service

Answer:

a)Activities carried out with a view of making profit
-Business
b)Increasing the usefulness of goods or services
-Production
c)Movement of goods from producers to consumers
-Distribution
d)A person who uses a good or a service
-Consumer

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