business v/s commerce

This query is : Resolved

Report Abuse Follow Query Ask a Query

ankit jain

ankit jain (Querist)
Follow

14 July 2011 IS business is a part of commerce or commerce is a part of business?and plz give reasons for that?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

18 July 2011 I would say -"Business is a part of commerce."
.
Many businesses and their related activities makes collectively them as commerce.

*
If Business is a house, commerce is the City in which the house is situated.
*

Message likes : 1 times

Dr. Imran Ahmad, JD; DBA

Dr. Imran Ahmad, JD; DBA (Expert)
Follow

19 July 2011 Business is different from money. Like that of house wife, students, etc. But there are many types of business which can earn money. This is start of economics of a firm, co, etc.
"As per English meaning".
Regards.

Message likes : 1 times

Upgrade to CAclubindia Pro. Subscribe Now!