Define Commerce:
The system of institutions and activities involved in the exchange of goods and services is referred to as commerce. It’s basically the essence of trade, covering a range of areas:
Buying and Selling: This is the fundamental activity of commerce, where exchanges of products and services typically take place in exchange for cash or other equivalents.
Distribution: Trade makes it easier for products to get from producers to consumers. This can involve transportation, warehousing, and logistics.
Facilitation: Many activities support the smooth flow of commerce, like banking, insurance, advertising, and communication.
Commerce can be on a small scale, like a single person selling lemonade, or vast and international, like the trade of goods between countries. Here’s a breakdown of its key features:
Value Exchange: At its core, commerce is the exchange of one thing of value—usually products or services—for another that is thought to be equally valuable, usually money.
Profit Motive: Although it’s not the only one, commerce frequently has a profit motive. Companies want to make a profit by charging a price for their products or services that will cover their expenses.
Government Involvement: To maintain fair competition, consumer protection, and economic stability, governments regulate commerce. They could impose taxes, tariffs, and trade restrictions.
The Top 5 Free Online Courses in Commerce for Students Are As follows:
- Microsoft Excel Training
Are you finding it difficult to grasp the subtleties of Microsoft Excel and feeling under pressure to become proficient with a program that is used extensively in today’s businesses, educational institutions, and workplaces?
In an environment where businesses and organizations value them, having excel skills becomes more than just checking a box; it becomes your route to advancement in your career. Microsoft Excel is used by almost all businesses for a variety of tasks, including basic accounting, purchases, expenses, and sales tracking. Excel proficiency is essential for working professionals.
Understanding the importance of Excel in the workplace, our expert has painstakingly created a free MS Excel course in Hindi that is simple to understand.
- Tally training including GST and accounting
The Tally Course: What Is It? Well, given that thousands of students graduate with degrees in commerce each year, it is a course that is in high demand. Students who complete the Tally GST course are better equipped for the workforce and are placed in top companies where they can command high salaries. Almost every month, thousands of jobs are posted where proficiency with this tool is a must.
APPLY LINK- https://www.learnvern.com/course/tally-course
- A Synopsis of Business Finance
For a business to succeed, managing corporate finance and the associated financial concepts are crucial. The goal and significance of corporate finance, appropriate short- and long-term financial planning, and how to analyze these results are all covered in this free online finance course. This free online course, Overview of Corporate Finance, will also teach you about profitability and how to sustain it in hard financial times.
APPLY LINK- https://alison.com/course/an-overview-of-corporate-finance
- SAP Course
With content curated by experts and created specifically for you by SAP, openSAP offers cutting-edge education to all. Lifelong learning is possible with our free online courses, which are accessible everywhere. You can upskill whenever and wherever you need it.
With digital additions like gamification and discussion boards, openSAP Massive Open Online Courses (MOOCs) combine tried-and-true classroom principles with a virtual delivery format that allows students to engage with both experts and other learners.
You can watch self-contained videos with openSAP Microlearning to augment your knowledge. You can select the videos that best suit your unique learning objectives, regardless of your level of experience. Experts from SAP have prepared and delivered each video.
APPLY LINK- https://open.sap.com/
- Diploma in International Finance
The theories and systems pertaining to international finance are covered in this free online course. We provide definitions for terms like productivity, GDP, and gross national product (GNP) to assist you in projecting business cycles and future growth. Whether you already work in international trade or just want to learn more about how money moves around a world that is getting smaller, this thorough course will help you hone your skills in international finance.
APPLY LINK- https://alison.com/course/diploma-in-international-finance