Journal of Commerce and Management Thought

Business provides enough opportunities for life. Commerce plays indispensable role in business. Business and Commerce has got more scope in the different fields of the world. Business is not merely purchase and sales of commodities and services, it also includes banking, transportation, communication, insurance, warehousing. Thus, business is the way for better life. The role of entrepreneurship or self-employment to earn livelihood and to provide livelihood for others plays very significant factor. The person who is engaged in business is the boss for himself. No need to depend upon on others. Thus one requires proper knowledge, training, motivation, encouragement and self-confidence for conducting the business successfully to carry on in a most effective and efficient manner.