Commerce Questions and Answers

In commerce, commercial activities involve the production of goods and provision of services. Commercial activities are mainly centered around buying and selling. It includes selling goods, services, food, or materials.

MS Excel uses a collection of cells arranged into rows and columns to organize and manipulate financial or arithmetic data. It is typically used to organize data and perform financial analysis. It is used across all business functions and at companies from small to large.

A central processing unit (CPU) is the electronic circuitry within a computer that carries out the instructions of a computer program by performing the basic arithmetic, logical, control and input/output (I/O) operations specified by the instructions.

Social responsibility in business means that businesses should act in a manner that benefits society, by adopting policies that promote the well-being of society and the environment while lessening negative impacts on them.

In business, technology provides a faster, more convenient, and more efficient way of performing business transactions. With this, old products and services become outdated and obsolete to meet demand when the firms do not upgrade to emerging technologies.