Everything about commercialize

Summary

commercialize

Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered exchange of goods, services, and other things of value at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local, regional, national or international economies. The diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage are the principal factors that give rise to commercial exchanges. Commerce consists of trade and aids to trade taking place along the entire supply chain. Trade is the exchange of goods and services between buyers and sellers in return for an agreed-upon price at traditional marketplaces. It is categorized into domestic trade, including retail and wholesale as well as local, regional, inter-regional and international/foreign trade.

Definitions

Synonyms

Related Searches

Triggers

Similar Meanings

Auto suggestions

News

Videos

Low commercialization of research

Low commercialization of research

World Bank senior economist Smita Kuriakose said the lack of research products commercialization by research institutions and low adoption of technology would lead to lower productivity of firms in Malaysia

Random Keywords

Useful Links

Search Tips

FAQ

What is commercialize?

To apply business methodology to something in order to profit

Where can I find more information about commercialize?

You can search for commercialize on DuckDuckGo or check other resources online.

What are some synonyms for commercialize?

market

Fun & Extras

Avatar

Avatar for commercialize

Quote of the Day

“Life can be wonderful if you're not afraid of it.”
— Charlie Chaplin

Random Joke

Have you heard the rumor going around about butter?

Never mind, I shouldn't spread it.