What is commerce?

Commerce
is study related to distribution of products from the producer (point of production) to the consumer (point of consumption).
Products, Production, Producer and Consumers

Products
are the goods and services produced by a company, to satisfy needs and wants of customers.
Production
is any activity which serves to satisfy human needs and wants.
Producer
is a person or company who produces products to satisfy need and wants.
Consumers
are the ultimate users of goods and services produced.