Briefly explain the role of commerce in business

cbse
natureofbusiness

#1

Commerce is concerned with buying, selling and distribution of commodities. It is an organised system for the exchange of goods and services. It involves not only the functions of buying and selling but several other activities required to facilitate buying and selling.
The purpose of commerce is to provide the right goods to the right persons at file right time and at the right place. Therefore, we can say business depends on commerce.