Key Concepts in Commerce

Front

Commerce

Back

Exchange of goods and services

Front

Trade

Back

Buying and selling activities

Front

Market

Back

Place for trade transactions

Front

Supply

Back

Availability of goods

Front

Demand

Back

Consumer desire for products

Front

Economy

Back

System of production and consumption

Front

Capital

Back

Financial assets for business

Front

Entrepreneur

Back

Business initiator and risk-taker

Front

Profit

Back

Revenue minus expenses

Front

Loss

Back

Expenses exceed revenue