Accountancy, asked by Sandeep8574, 9 months ago

difference between business and Commerce​

Answers

Answered by gratefuljarette
0

Difference between business and Commerce​

Explanation:

  • Commerce is the purchasing and selling part of a business whereas business is the not just purchasing and selling business but also includes much more trade related activities.
  • Commerce includes all the economic activities of trade and business. Business is classified as industry and trade.  
  • Profit is considered as incentive and earning is the motive of the commerce.  The motive of business is to sell the goods to the consumers earns profit and money for the enterprise. It also includes services.

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difference between business and Commerce​

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