A cocoa farmer in Ondo State harvests raw cocoa beans and sells them to a processing factory in Ikeja that transforms them into chocolate bars. A logistics firm transports the finished products to wholesalers nationwide, while an insurance company covers the risk of loss during transit. Which of the following best explains the inter-relationship between industry, commerce, and occupation illustrated in this scenario?
- Industry creates form utility by transforming raw materials into finished goods, commerce provides place and time utility through distribution and auxiliaries, while commercial occupations facilitate the entire chain.Cevap
- BIndustry is strictly confined to cocoa farming, commerce consists solely of buying and selling chocolate, and insurance personnel perform direct service occupations.
- CBoth cocoa farming and chocolate processing belong to the extractive sector of industry, while transport workers engage in primary occupations.
- DThe transport and insurance services represent direct production for self-consumption, which operates independently of commercial occupations.
Cevap
Industry creates form utility by transforming raw materials into finished goods, commerce provides place and time utility through distribution and auxiliaries, while commercial occupations facilitate the entire chain.
The correct response accurately reflects the systemic inter-relationship: industry (farming and factory processing) provides goods by creating form utility, commerce (transportation and insurance) bridges the spatial and temporal gap between producer and consumer, and commercial occupations carry out these essential activities.
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Anahtar Kavram
Inter-dependence of Industry, Commerce, and Occupation in Production