Question

Commerce is a kind of business activity
Write a brief note on it

Answer 1

Explanation:

yeah Yes commerce is a business activity. The activity which deals with the distribution of goods, directly or indirectly to the end consumer, is referred to as commerce. There are two categories of commerce: Trade

Answer 2

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We can refer to commerce as all those activities which help directly or indirectly in the distribution of goods to the ultimate consumer. There will be no use of producing goods unless & until these goods reach the ultimate consumer. Goods are produced at one place & consumers are scattered at different places. Commerce can be classified into two broad categories:

• Trade

• Aids to trade

Trade :

Trade is an integral part of commerce. It includes buying & selling of goods & services. The trade segment of commerce brings together the manufacturer & the consumer, i.e. it is a link between the manufacturer & the consumer.

Aids to trade :

The activities which help in the smooth flow of trade are known as aids to trade. These activities make buying & selling of goods easier. These help in removing various hindrances of trade which arises in production & distribution of goods.

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