Business management

Business (व्यवसाय): Jab hum regular basis par koi activity karte hain profit kamane ke liye, jisme kuch na kuch risk ho, toh use business kehte hain. Business mein hum goods (saaman) ya services provide karte hain logon ki needs puri karne ke liye.

Industry (उद्योग): Industry ka matlab hai goods ka production ya manufacturing karna. Isme raw material ko finished product mein badla jaata hai. Jaise – cotton se kapda banana, steel se machine banana.

Trade (व्यापार): Trade ka matlab hai goods ki khareed aur bikri (buying and selling). Isme ownership goods ki badalti hai, producer se lekar consumer tak. Trade production nahi karta, sirf distribution karta hai.

Commerce (वाणिज्य): Commerce ek broader term hai jo trade ke saath-saath un sab activities ko cover karti hai jo goods ko producer se consumer tak pahunchane mein help karti hain. In activities ko hum Aids to Trade kehte hain – jaise transport, banking, insurance, warehousing, advertising, communication. Toh commerce = Trade + Aids to Trade.