Scope of commerce

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

COMMERCE

Trade                                                                                                                     aids to trade

BankingAdvertizingWarehousingTourismCommunicationInsuranceTransport   

home                                                                       foreign                                      

Scope of commerce

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

4. ORGANIC MANURING

5. FARM YARD MANURE

6. 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

18. IRRIGATION AND DRAINAGE

19. IRRIGATION SYSTEMS

20. INCUBATORS

21. MILKING MACHINE

22. SIMPLE FARM TOOLS

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.