The study of commerce is exchange of services and goods between customers and suppliers. It is a study of transactions that occur at every level including national, local or international and examines the effects of marketing and globalization on the commercial sector and economic growth.
Commerce is a vast array of issues, from investing to selling and buying as well as making a profit to the most sustainable business practices, from packaging and distribution of products to demand and supply and everything between. One of the newest and most significant advancements is the concept of E-commerce, also known as Electronic Commerce that is the sale of products or services on the internet.
The major areas of Commerce are Trade, Transport, Warehousing insurance, banking Marketing, Advertising and Transport. Certain branches are distinct subdisciplines of Commerce, while other branches -like Banking, Advertising Marketing, or Banking are distinct disciplines that form that are part of the larger business field.
A typical degree in Commerce includes subjects such as Financial Accounting Business Analytics micro and Macroeconomics, Statistics, Marketing Organizational Behavior, Principles of Economics Business Communication Marketing, Branding, etc.
Since commerce is a vital daily activity, students in the field of commerce will be able to get jobs in small businesses, non-profit groups banking, outsourcing, insurance and auditing firms and in government agencies, or in the industry of e-commerce.