With reference to Commerce, which of the following

Solution

Commerce is the field of business that involves the exchange of goods, services, or other things of value between businesses or individuals. It includes the activities of removing all impediments that may hinder the facilitation of exchange (such as trade barriers, taxes, etc.), and it also deals with the factors involved in delivering the products to consumers. This includes logistics, transportation, and ensuring that products reach consumers in an efficient manner. Thus, the correct answer is (c), Both 1 and 2.