What do you mean by commerce?
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3 Answers
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Commerce is the exchange of goods or 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 commercium, from com ("together") and merx ("merchandise"). Commerce is that part of business activity that is concerned with the distribution of goods and services produced by industry.
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Commerce refers to the exchange of goods, services, or ideas between individuals, businesses, or nations. It involves the buying and selling of products or services, often with the goal of making a profit. Commerce can take many forms, including traditional retail transactions, e-commerce, international trade, and financial transactions. It also includes activities such as advertising, marketing, and logistics that are necessary to support the exchange of goods and services. Commerce plays a significant role in the global economy, shaping the way societies operate and interact with one another. -
Hi Manga Commerce is the exchange of goods and services on a large scale. Any transaction that uses the money to purchase goods or services is a part of the commerce. It is subset of business that focuses on sale of finished or unfinished products rather than their sourcing, manufacturing, transportation or marketing.
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