Business Studies, asked by arungulshan123, 2 months ago

write any three difference between commerce and trade​

Answers

Answered by gursharanjali
0

Answer:

Business involves transfer or exchange ofgoods and services for value.

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Nature and Purpose of Business.

IndustryCommerceTrade2. It represents supply side ofgoods and services.It represents demand side of goods and services.It represents theexchange ofgoods and services

Answered by dwijjani40
0

It involves purchasing goods and services by large organisations. Commerce mainly deals with transactions taking place between nations.

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Commerce.

Trade Commerce

Connects

Buyer and seller Manufacturer and end user

Requirement of Capital

Trade requires more capital Commerce has less capital requirement

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