WHAT DO YOU MEAN BY COMMERCE BUSINESS CAN YOU EXPLAIN IT.
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Commerce refers to the buying and selling of goods and services for money or in kind. It is a branch of business. It includes all the processes that have to do with the exchange of products and services. The term usually refers to doing business on a large scale. Specifically, on a scale large enough to require transportation from seller to buyer. The transportation may be across a town, a state or county, or from country-to-country.
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Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. From a broad perspective, nations are concerned with managing commerce in a way that enhances the well-being of citizens, by providing jobs and producing beneficial goods and services.
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