What is the difference between trading and business?

[Sarfraz Ali123]

Trade is the exchange of goods or services and business is a transaction where goods and services are exchanged , so they are the same.

 

[Shahid]

in trade we used to export and import but in business we have to sell stuffs and goods.

 

[Caali]

Trade is part of business activity and business is a term used for all the activities performed by a business enterprise. This includes three basic activities of buying, manufacturing and selling. Trade is the buying and selling of products or goods. and business is dealing in any activity to earn profit either by selling or buying of goods and services but for the sake of profit..

 

[Muradsultan]

There are almost the same thing as the Two of them are for profit making, it is very important to know trading is form of business while business could be a general name but trading is under business
Business has many branches which trading is part of such branches, trading is done under the umbrella of business policy

Investments and business are similar in that both need you to commit some money in anticipation of future profit or benefit. The key difference, however, is that in business; you are actively involved in management while in investments, your role is more passive.

 

[Adetayo100]

Trading and business are quite different Things. Trading is where you have a cryptocurrency account and you have some coin in which h you are trading with or you have a bond or stock. A business is considered to be an organization you have that has like about 500 staffs working in the organization to achieve a common Goal.

Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business's potential and profits too.

 

[Samuel77]

According to my own point of view trading is the buying and selling of goods and services from one place to another why business involves both trading. business include both production manufacturing and selling of goods in one place

 

[Josephjossy]

I don't think that there is any difference between trading and business. Trading is a business. A business is anything you do to earn money, so I will say that trading is a business, there is no difference In the two. Trading is selling some goods to earn money and it is a business

 

[Suba]

Difference between trading and business. Although the two words trading and business have the same purpose, namely make money, trading has a narrower meaning, namely buying and selling of goods for profit, while business has a broader meaning, namely all commercial, industrial, or professional activities to make money.

 

[azeemabbas18439]

Trading and business refer to any activity carried out by a person or group of persons to generate income from selling of goods and services.Trade is something in which you take ready made materials from one party & sell it to another with adding your profit margin. Its kind of taking a material in bulk with low price & then selling it to customer as per their requirement. In a raw language you can consider a trader as a distributor of the particular brand.

 

[Shivay]

Trading is just termed , Live or Die because its a spectacular risk and anything can happen at that moment you are trading but business involves the same thing but its scenario is completely different.

 

[Niftyyem]

Going into the nitty gritty of what a business is serves as an headache that a trader in the markets does not care about. To an average individual, when you get for paid for services rendered or solutions profered, you are in business.

 

[Sincerem]

Business is the firm, where an entrepreneur is expected to be a calculate risk taker and deliver what is expected. A business owner deals on customers demand products, and watches the market, if its right to buy, sell or not. But in trading, their is two things, buying and selling. We venture into this two to watch our investment to drive to that profit end.

 

[Adventurer]

Trading, in my own view, is not business. If you're a trader, you don't own a business because trading involves only buying and selling which is a little concept in business. How do you view the two? Do we say trading is business and business is trading?

In my opinion they mean almost the same thing, only that trading is a type of business while business is the is the general term given to individuals or organizations involved in commercial , professional and industrial activities.

 

[ahmedo24]

Trading and business are almost the same thing in my own opinion too because they involved in buying and selling though one could say trading is for short time and business is the general name for everything that has to do with buying and selling .

 

[Blessing76]

The difference between trading and business is very simple
Trading can be defined as the exchange of goods or services for money
While business on the other hand also involves trading but can also be done through investment but both are done to earn money

 

[Menky]

There is actually no difference between trading and business in the both involves buying and selling of communities for the purpose of profit

 

[Kingsley]

Business is more encompassing, trading is the act of buying and sell in for various reasons, basically to make profits. While business on the other hand involves trading and the aids to trade, like banking, advertisement, warehousing, insurance, communications, and transportation. Without this aids trading will be ineffective.

 

[Justin]

Business is a common term that can be used for almost anything, for example investing is a business, financing is a business, trading is a business. The main characteristics of trading is investing on something, holding for sometime and then selling off.

 

[Deebabs123]

Trade is a basic economic concept involving the buying and selling of goods and services. In other words, this is the exchange of goods or services between parties or compensation a buyer pays to a seller. It can happen within an economy between manufacturers and consumers. Trade always involves a medium of exchange, such as cash. When goods and services are exchanged for other goods and services without the use of money, we call this a barter form of trade.

 

[Setho]

I think this is a very trickish question but let me try depending on what I understand. A business involves a whole lot broader aspects about a product while trading is just about exchanging it for something else. Trading in most instances is part of business ideals.

Post automatically merged: Apr 12, 2021

I think this is a very trickish question but let me try depending on what I understand. A business involves a whole lot broader aspects about a product while trading is just about exchanging it for something else. Trading in most instances is part of business ideals.

Post automatically merged: Apr 12, 2021

I think this is a very trickish question but let me try depending on what I understand. A business involves a whole lot broader aspects about a product while trading is just about exchanging it for something else. Trading in most instances is part of business ideals.