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Bankura University - BU, Bankura

Bankura University - BU

Bankura, West Bengal
Estd 2014
State Government University
UGC, NCTE, BCI

Commerce is a term which comprises the trading of something of economic value such as goods, services, information or money between two or more entities. Simply put it is a division of trade or production which deals with the exchange of goods and services from producer to final consumer. Commerce acts as the central mechanism which drives capitalism and certain other economic systems. But before any material is to become sale able it needs Commercialization or commercialization. Thus Commercialization consists of the process of transforming something into a product, service or activity which one may then use in commerce.