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DEFINITIONS
OF COMMERCE
Commerce is the exchange of goods and services between businesses.
Commerce is the trade of goods, services, or other things of value between
companies or organizations. In a broad sense, governments try to manage trade
to make their people happier and healthier by creating jobs and making useful
goods and services.
Commerce
is the conduction of trade of goods and services. This can occur on multiple
scales. Nations can trade goods and services to one another, businesses can
purchase goods to move them down the supply chain, and goods can be sold to
customers on an individual level through retail.
Commerce
refers generally to the activity of exchanging products, goods, and services
for financial gain. The word commerce usually is used to mean economic activity
broadly on a national or other large scale. Commerce can be used in many
contexts but is most commonly used by governments in their constitutions and
laws to define the authority of the government to regulate commerce activity.
Commerce is
the large-scale organized system of
activities, functions, procedures and institutions that directly or indirectly
contribute to the smooth, unhindered distribution and transfer of goods and services on a substantial scale
and at the right time, place, quantity, quality and price through
various channels from the original producers to the final consumers within
local, regional, national or international economies.
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