The process of buying, selling and distribution of goods and…

The process of buying, selling and distribution of goods and services is

  1. retail trade
  2. commerce ✓
  3. marketing concept
  4. marketing

Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.