Answers » Categories » Accounting

Explain commerce and its meaning too?



1 Answer

0 
Commerce transfers goods from manufacturers to consumers. It ensures the flow of goods from the producer to the user.
The two main aspects of commerce are trade and aids to trade. Commerce has a wider connotation than trade. Trade refers to the buying and selling of goods. Aids to trade includes activities like transport, banking, insurance, warehousing, advertising and communication.

Answer this question

by Anonymous - Already have an account? Login now!
Your Name:

Your Answer:
Source(s): (optional)

Enter the text you see in the image below
What do you see?
Can't read the image? View a new one.
Your answer will appear after being approved.

Ask your own question