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Business Finance is the life blood of an organization because it is the money which is required to start, daily operations, upgradation and expansion of business. It involves identifying the source of business finance (Debts {Temp. Capital} or Equity {Permanent Capital}) at minimum cost and taking investment decisions (Fixed Capital {Long Term} & Working Capital {Day to day operations}) with minimum risk and highest returns (profits).
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Commerce is an organized system for the exchange of goods between the members of the industrial world." "Commerce is that part of business which is concerned with the exchange of goods and services and includes all those activities which directly or indirectly facilitate that exchange."
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Kartikey Verma 4 years, 9 months ago
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