Ask a Teacher



WHAT IS COMMERENCE?

Commerce is a branch of business. It is concerned with the exchange of goods and services. It includes all those activities, which directly or indirectly facilitate the exchange of goods and services. It also includes the distribution aspect of the business. The goods which are produced must be consumed and to facilitate this consumption there must be a proper distribution channel. So commerce means the smooth buying and selling of goods and services.


comments powered by Disqus