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Business Terminology Components

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Business Terminology Components

Question

State the term given to each of the following components.
(a) Study of the process of identifying a business opportunity and acquiring resources to start and run a business.
(b) Study of trade and aids to trade
(c) Study of the activities that are carried out in an office.
(d) Study of how man strives to satisfy his unlimited wants using the limited resources.

Answer

a) Entrepreneurship
b) Commerce
c) Office practice
d) Economics