May 1, 2015

Business & Commerce

Kbase Thing

Commerce, or Commercial Activities, include all types of buying, selling, offering to sell, offering to buy, marketing, paying for bought items, requesting bids, performing services for hire, advertising, etc. Kinds of commercial activities include repaying loans, renting, and recalling products. Though there is a great deal of overlap between commerical activities and business events, they are not the same. Firstly, business events do not include any purely social or recreational events (whereas a weekend swap-meet, for example, would be considered a commercial activity). Secondly, not all activities carried out in pursuit of business interests fall under the definition of commercial activity above (consider head-hunting, for example).