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which of the following states leads in commerce and industry
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
The value of goods shipped by the commercial bakery industry in 2001 totaled $25.7 billion
Industry is a component of business. The term Industry refers to that part of business activity which is concerned with the extraction, production or fabrication of products. Commerce is also a component of Business. It's the study of buying and selling of goods.
Business is divided into two categories: industry andcommerce. Commerce is again sub-divided into trade and aids to trade. Practically all of them are closely related to each other. They are inseparable. All of them are parts of the wholebusiness system.Industry and commerce are closely related to each other. Industry cannot exist withoutcommerce and commerce cannot exist without industry. Because every producer has to find his market for his products to sell. But the producer has no direct connection with the buyers or consumers. Hence, industry needs commerce. Commerce is concerned with the sale, transfer or exchange of goods and services. Hencecommerce needs industry for the production of goods and services. Commerce makes the necessary arrangement for linking between producers and ultimate consumers. It includes all those activities that are involved in buying, selling, transporting, banking, warehousing of goods, and insurance for safeguarding the goods.Trade includes sale, transfer or exchange of goods. It does not include other functions ofcommerce like transportation, insurance, banking, warehousing, etc. If there were notrade, the producers would have to find customers for their products. Therefore withouttrade there would be little need for commerce. Similarly trade without aids to trade is meaningless and they exist for trade.In conclusion, we can say that industry, trade and commerce are inter-related with each other. Industry is concerned with production of goods and services and commercearranges its sales; but the actual operation of sales is in the hands of trade. So they cannot work independently.
Europeans gained the ability to preserve commersial vocabulary, from the Islamic commerce.
Commercial Industry are those that makes the finished goods, supplied by the manufacturing industries, available to the consumers. Transport, trade, commerce etc are the examples of commercial industries.
business, commerce, commercial enterprise, manufacturing, production, trade,
functions of caribbean association of industry commerce
which of the following states leads in commerce and industry
Charles J. Dean has written: 'Commercial and industrial development of Venezuela ..' -- subject(s): Commerce, Industry
Anand Sharma is Minister of Commerce & Industry, Government of India and JYOTIRADITYA M. SCINDIA - Minister of State for Commerce & Industry
Alan Faulkner Taylor has written: 'Photography in commerce and industry' -- subject- s -: Commercial photography, Photography, Industrial
Barry Emanuel Supple has written: 'Commercial crisis and change in England, 1600-1642' -- subject(s): Commerce, History, Wool industry, Wool trade and industry
Asia united bank bank of commerce BDO east west bank export & industry bank Philippines bank of communication
What are the benefits and harms petrochemical industry?
The Scecretary of Commerce. (I think!)