Editing Commerce (section)

===Commerce and business===
Commerce deals with buying, selling and distribution of goods and services from producers to customers as well as related matters such as marketing, finance, laws, transportation and insurance.<ref>{{Cite web |title=COMMERCE |url=https://dictionary.cambridge.org/dictionary/english/commerce |website=Cambridge Dictionary |quote=commerce : the activities involved in buying and selling things}}</ref><ref name=OXDICT></ref><ref>{{Citation |title=Cambridge O Level Commerce Coursebook |author= Mary Trigwell-Jones |publisher=Cambridge University Press |year=2016 |page=19}}</ref>

In a general sense, business is the activity of earning money and making one's living through engaging in commerce.<ref>{{cite encyclopedia|url=https://en.oxforddictionaries.com/definition/us/business|title=Oxford Living Dictionaries|archive-url=https://web.archive.org/web/20190501064740/https://en.oxforddictionaries.com/definition/us/business|archive-date=May 1, 2019|quote=business [:] 2 The practice of making one's living by engaging in commerce.}}</ref> The  difference between business and commerce is that business can also refer to a [[commercial entity]], such as a company.<ref>{{Cite web |title=business |url=https://dictionary.cambridge.org/dictionary/english/business |website=Cambridge Dictionary |quote=business : a particular company that buys and sells goods and services}}</ref> So, in a more specific sense, a business is an organization or activity for making a profit by providing goods and services which meet the needs of its customers or consumers.<ref>{{Cite web |url=https://openstax.org/books/introduction-business/pages/1-1-the-nature-of-business |department=Understanding Economic Systems and Business |title=Introduction to Business |page=12 |year=2018 |publisher=Openstax - Rice University}}</ref>

Viewed in this way, commerce is a broader concept and an overall, all-encompassing aspect of business. Commerce provides the underlying large-scale transactional environment comprising all kinds of exchanges within which individual business organizations operate for generating profits.