Commerce refers to the large-scale exchange of goods and services, especially involving buying and selling activities between producers and consumers or among businesses and nations. It encompasses not only the actual trade (the buying and selling) but also the auxiliary services that facilitate trade such as transportation, banking, insurance, advertising, warehousing, and communication. These services help overcome obstacles related to time, place, and risk in the distribution of goods and services
. Commerce is a broader concept than trade. While trade is specifically the transaction of goods and services for profit, commerce includes trade plus the supporting activities that enable these transactions to happen smoothly on a large scale. It operates through various channels and covers local, regional, national, and international levels
. In relation to business, commerce is a subset focused on the distribution and exchange part of business activities. Business includes production, marketing, finance, and other functions, whereas commerce primarily deals with the buying, selling, and distribution of goods and services
. In summary, commerce means the organized system and processes involved in the large-scale buying, selling, and distribution of goods and services, along with the supporting services that facilitate these exchanges efficiently and profitably
