Since the time of Roman empire, when the basis of modern financial principles were established, the dilemma of “work smart or hard” is still vital. To address this phenomenon, let’s understand the definition of business and commerce. By definitions, a business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. At the same time, commerce is the conduct of trade among economic agents. Generally, commerce refers…