information technology (IT) is now a common term familiar for everyone working in the fields of information and education. IT has made impact on almost all spheres of social life and this impact is ever increasing.

Difference between Trade and Commerce can ben defined as: The term ‘trade’ is applied to the process in which countries buy and sell goods to each other. The term is also applied to some special business like ‘cotton trade’. Commerce literally means ‘buying and selling of goods and services’.