What exactly commerce write in point form
Business/Management
ScanSolve AI Answer
Answer
Commerce refers to the exchange of goods and services, typically for money. It encompasses all activities involved in the production, distribution, and sale of goods and services.
- Trade: The buying and selling of goods and services.
- Auxiliaries to Trade: Services that support trade, such as transportation, banking, insurance, and advertising.
- Business: An organization or economic system where goods and services are exchanged for money.
- Industry: The production of goods or services.
- Distribution: The process of making a product or service available for the consumer or business user who needs it.
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