Will it be feasible for the business if we include google ads on commercial sites? Will it not draw the enquiries to other related business competitors? Can anybody please let me know??????????
There is competitive ads filter. The rest depends on you, if you cant filter all competitive ads, then think about the trade off between adsense revenue and revenue lost by the clicking visitors. A lot depend on your website and your monitization. Info rich websites and those with lots of page views do well wit adsense. If you are running an ecommerce site something similar, you may not need adsense.
Gotta be totally up to your niche. One, I don't put them on my home page, but my advice pages, which is most. For Portland, many tree service ads would come into my site, if I go with the text ads. But no tree service has image ads - so that's fine on many pages. I'd rather not monitor who'all has ads, so its easier to pick image ads sometimes. On other pages, (and I'm in Medford south), only one southern Oregon tree service, or two, even had Google AdWords. So I block / filter their URLs - much simpler. All other products are not competive. That's just my situation. Not sure what you do or what you offer, but there should be some options that work well for you.
You can filter them out in your Adsense panel. The downside is, there is a limit to the number of ads you can filter and these could be potential earners for your site.