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Define Commerce & Elements of commerce
Define Commerce & Elements of commerce
Define Commerce
Commerce Meaning : Commerce is a part of business. All those activities related to exchange of goods and services are called commerce. In other words, the activities that help in taking the goods and services from production point to consumption point are called commerce. Commerce includes trade and aids-to-trade.
Capital Needs :…
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Define Industry & Elements of Industry
Define Industry & Elements of Industry
DEFINE INDUSTRY
INDUSTRY Meaning: The activity of producing goods and providing services is called industry. The process of conversion of raw-materials into finished goods is called industry. The place where form utility takes place is called industry. Industry is an important part of business.
Capital Needs : Industry needs more amount of capital than that of…
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