What is the nature and scope of commerce?

Commerce includes trade and aids to trade. Besides trade, it includes all those activities which help the expansion of trade. The aids to trade include transport, banking, insurance, warehousing, advertisement and salesmanship.

What is the scope of commerce education?

It instills in students the value of using economic principles while making business decisions. It raises their awareness of business-related social, economic, and political issues. It teaches students how to deal with market conditions and how to adapt to the current scenario.

What is the main function of commerce?

Thamas commercial activities are those activities which are related to the purchase and sale of goods, exchange of commodities and distribution of the manufactured goods. The main purpose of commerce and trade is to attract the customer and to create new demand in the market.

What is the importance of studying commerce?

You will not only learn about business-specific skills on a Bachelors of Commerce degree. Your university degree will help you to develop skills such as: Communication: business degrees often attract students from all over the world, creating an international environment for you to develop your communication skills.

What is a meaning of commerce?

Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services, or something of value, between businesses or entities.

What is the scope of mobile commerce in India?

Researches state that mobile apps can boost sales by over 50\% for a regular ecommerce business. Moreover, nearly 49.2\% are done via mobile devices. With such whooping usage of mobile apps for ecommerce, India can be foreseen to compete with the developing nations in terms of mobile commerce.

What is the purpose of Commerce?

Commerce is a branch of business. It is concerned with the exchange of goods and services. It includes all those activities, which directly or indirectly facilitate that exchange. Image Credits © Senator Mark Begich .

What is the economic basis of Commerce?

(i) Economic Activities: Economic activities are taken up with a motive to earn profits.

(ii) Exchange of Goods and Services: Commerce involves an exchange of goods and services for profit.

(iii) Earning Motive: The motive for undertaking trading activities is to earn profit.

(iv) Creation of Utility: Commerce creates place and time utility in goods.

What are the scopes of ecommerce?

Given are the fundamental scopes of ecommerce business improvement: Selling can be centered around the Global client Pre-deals, subcontracts, and supply Financing and protection Commercial exchanges, requesting, conveyance installment Product administration and support Cooperative item improvement Distributive co-employable working Use of open and private administrations Business to organization (client)

What is the future scope of e-commerce?

The future e-commerce scope is mainly for technology/electronic products due to its huge use rate. How you can use this e-commerce scope? Firstly, Understand the Corona factor and give customers a hygiene experience with a no-touch mark. Secondly, Online is for fast-line service. Give customers the fastest delivery services.