• LOGIN
  • No products in the cart.

Login

INTRODUCTION TO COMMERCE

INTRODUCTION TO COMMERCE

In this lesson, we learn what commerce is all about. We also learn the branches of commerce as well as the nature and functions of each branch. The lesson also examines the relationship between commerce, trade, and industry.

10 STUDENTS ENROLLED

In order to better explain what commerce is, let us take the example of Mega Bakers, a baking shop that bakes and delivers bread and other products to their customers. Commerce for this company would be the process of exchanging its baked products for money. Commerce would also encompass the logistics of getting the raw materials to the bakery and of distributing the finished product to their customers.

So what exactly is commerce? Well, it is described as the effective process of exchanging products or services using some monetary aspect as well as the logistical process of transforming raw materials into usable products or services. Commerce in the proper sense is said to occur if the scale of this exchange is large enough to include logistics and transportation of these products or services across various boundaries. In order for commerce to occur effectively, trade and industry have to take place together in a harmonious way. What exactly are trade and commerce, you may ask? Well:

Course Curriculum

Basic Information
Introduction to Commerce Details 00:00:00
History of Commerce Details 00:00:00
Occupation Details 00:00:00
Production, Division of Labour Details 2 years, 6 months
Specialization and Exchange Details 00:00:00
TRADE AND BUSINESS ORGANISATION
Trade and Aids to Trade Details 00:00:00
Home Trade (Internal or Domestic Trade) Details 00:00:00
Foreign Trade(External or International Trade) Details 00:00:00
Commodity Exchange Details 00:00:00
Sole Proprietorship Details 00:00:00
Partnership Details 00:00:00
Money Details 00:00:00

Course Reviews

N.A

ratings
  • 5 stars0
  • 4 stars0
  • 3 stars0
  • 2 stars0
  • 1 stars0

No Reviews found for this course.

Apply for Course

About

Flexskool is an online education site which imparts knowledge and skills to million of users worldwide.

1 GRA Road. Sagamu Ogun State, NG
234-903-000-2700
info@flexskool.com

Who’s Online

There are no users currently online

Certificate Code

top
© Flexskool. All rights reserved.
X