What do you mean by commerce?
Asked by raja shekar
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2 Answers
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Commerce is the activity of buying and selling of goods and services, especially on a large scale. The system includes legal, economic, political, social, cultural and technological systems that are in operation in any country or internationally. Thus, commerce is a system or an environment that affects the business prospects of economies. It can also be defined as a component of business which includes all activities, functions involved in transferring goods from producers to consumers.
Those who wants to specialise in field of commerce do B.Com(Hons), B.Com and M.Com degrees. B.Com (Hons) is a three year undergraduate degree program...more -
Commerce is the exchange of goods services among two or more parties. It is the subset of business that focuses on the sale of finished or unfinished products rather than their sourcing, manufacturing, transportation, or marketing. The English-language word commerce has been derived from the Latin word commercial, from com ("together") and mix ("merchandise"). Commerce refers generally to the activity of exchanging products, goods, and services for financial gain. The word commerce usually is used to mean economic activity broadly on a national or other large scale.
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