JAMB - Commerce (1994 - No. 1)
Commerce is defined as the study of how
man utilizes the resources in his physical environment
man produces, distributes and consumes his goods and services
man buys, sells and distributes goods and services
raw materials are changed into finished goods
Forklaring
Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. It is the activity of buying and selling, especially on a large scale.