Business Studies · Classification of Business Activities
Which one of the following activities does NOT fall under 'auxiliaries to trade'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Banking and financial services providing credit to businesses and the public.
- 2Transportation of goods from the place of production to the place of consumption.
- 3Conversion and transformation of raw materials into finished goods.✓
- 4Warehousing and preservation of goods to make them available when needed.
Correct answer
Conversion and transformation of raw materials into finished goods.
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