Scope of commerce, define Scope of commerce, broad spectrum of the details of the scope of commerce can be defined as or seen as the totality of all activities that ensures or promotes the distribution and exchange of goods and services in order to satisfy human wants and consumption for those with high and low purchasing power
HOW TO USE DIAGRAM TO ILLUSTRATE THE SCOPE OF COMMERCE
The scope of commerce can easily be illustrated in the following ways
Trade aids to trade
BankingAdvertizingWarehousingTourismCommunicationInsuranceTransport |
home foreign

retail trade and wholesale
Export, import and inteport
Understanding the scope of commerce is key to guiding your
Area of study when it comes to writing exams. doing business which often includes the study of Economics. With the basic foundation that production is not complete without Commerce, the meaning and scope of commerce key to a successful commerce subject.
Since economics is concerned with how humans get his resources and managing same to satisfy human wants we can say that commerce is a sub subject of economics because commerce is a branch of production which itself is a branch of economics.
To understand commerce you have to think business with knowledge of buying and selling and the distribution of goods.
So with aid of a diagram I have been able to explain to scope of commerce, why commerce is a sub subject of economics and production. I also explained that distribution of goods and services from the producers to the consumers is the main function of commerce.
Feel free to leave us your suggestion or comment. If you are trouble with the study of commerce feel free to reach us using our email address we’d be glad to send you a total PDF of simplified commerce textbook with just a token
You can share this website or the content you find interesting with colleagues and family
1. ENVIRONMENTAL FACTORS AFFECTING AGRICULTURAL PRODUCTION
2. DISEASES
3. 52. SOIL MICRO-ORGANISMS
5. FARM YARD MANURE6. HUMUS
7. COMPOST
8. CROP ROTATION
9. GRAZING AND OVER GRAZING
10. IRRIGATION AND DRAINAGE
11. IRRIGATION SYSTEMS
12. ORGANIC MANURING
13. FARM YARD MANURE
14. HUMUS
15. COMPOST
16. CROP ROTATION
17. GRAZING AND OVER GRAZING
19. IRRIGATION SYSTEMS
20. INCUBATORS
21. MILKING MACHINE
23. AGRICULTURAL MECHANIZATION
24. THE CONCEPT OF MECHANIZATION
25. PROBLEMS OF MECHANIZATION
26. SURVEYING AND PLANNING OF FARMSTEAD
27. IMPORTANCE OF FARM SURVEY
28. SURVEY EQUIPMENT
29. PRINCIPLES OF FARM OUTLAY
30. SUMMARY OF FARM SURVEYING
31. CROP HUSBANDRY PRACTICES
32. PESTS AND DISEASE OF MAIZE- ZEA MAYS
33. CULTIVATION OF MAIZE CROP
34. OIL PALM
35. USES OF PALM OIL
36. MAINTENANCE OF PALM PLANTATION
37. COCOA
38.