Question

Suresh is a layman who thinks that business and commerce are one and same. Do you
think Suresh is right? If not, why? Explain. (See Lesson 1)

Answer 1

Answer:

: The difference between commerce and business can be puzzling to some as the words commerce and business have a similar connotation. Also, there is a tendency of people to talk about these terms in the same breath as if both were the same. That is because both commerce and business are connected to trade.