Commerce is a branch of__________. *
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Commerce is a branch of trade and aids to trade.
- Commerce is the activities associated with the movement of products from makers to consumers. Trade, transportation, finance, insurance, warehousing, advertising, and communication are all examples of commercial activities.
- Commerce is the aggregate of all activities connected with commodities and services from producers to consumers. Thus, it encompasses 1) products and services trading and 2) trade aids that enable the interchange of goods and services.
- Transportation, warehousing, banking, insurance, and advertising are examples of 'trade assistance.'
- Trade and trade aids (services that support trade) bridge the gap between producers and consumers.
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Commerce is a branch of business.
Explanation:
- Commerce indicates the method of the selling and buying of services and goods for money or material.
- It is a branch of business.
- This includes all processes related to the exchange of services and goods.
- It refers to doing business on a large scale.
- The term "commerce" and gives the same means of the word "trade."
- Trade also refers to the purchase, sale or exchange of services and goods between companies, peoples and countries.
- The business focuses on the distribution of its business rather than its production.
- Some economists, however, say that it covers all business functions and activities.
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