Commerce is concerned with buying, selling and distribution of commodities. It is an organised system for the exchange of goods and services.
It involves not only the functions of buying and selling but several other activities required to facilitate buying and selling such as transportation, communication, etc.
The purpose of commerce is to provide the right goods to the right persons at the right time and at the right place by removing various hindrances of trade. Therefore, we can say that business depends on commerce.