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What the difference between commerce and Business?

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Question added by Lutfia Sultan
Date Posted: 2019/04/12

Commerce means the buying and selling of goods and services , while business is an organization or entity engaged in commercial or industrial among others. Commerce is the exchange of goods and services while business means the collection of efforts of individuals with an aim of making profits.

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

In a very brief and precise wording;

"Commerce" is only an activity of some "business", which usually contains lot of different other activities.

sabitha  shaneer
by sabitha shaneer , Accounts Assistant , Agricultural Insurance company of India Ltd

Business can be an entity,but commerce is related to trade and trade related activities.commerce is focuses on buying and selling part of a business,where as business is just for buying and selling.

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