Get premium membership and access questions with answers, video lessons as well as revision papers.

Highlight four ways in which business studies is used in the society

      

Highlight four ways in which business studies is used in the society

  

Answers


gideon
- Enable trade to take place
- Bridges the gap between the producer and consumer through transport
- Informs consumers about good and services available i.e. where they can
be found, their prices.
Uses etc
- Provide storage facilities/ warehouse
- Provides safe places for keeping money, opportunity for borrowing
banking
- Protects trade against risk though insurance
gideon1 answered the question on September 22, 2017 at 21:04


Next: State four problems that a planner may encounter in development planning
Previous: Over the years southern Star has grown into a large business enterprise. Explain five diseconomies of scale which it may experience

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions