What Is The Meaning Of Commerce-bifocal?

In order to define or explain commerce-bifocal, a term which seems to mystify many, judging by the lack of information available, it helps to first of all separate the two terms and define them individually.

• Definition of Commerce

Business refers to various activities undertaken by organizations in order to generate profit. Commerce, on the other hand, encompasses the whole economic system or environment in which business takes place. This system includes all economic, political, legal, technological, cultural and social systems in operation within any given country.

Consequently, commerce is the system or environment which affects all business prospects within an economy or nation. The word commerce involves all aspects of trading, advertising, banking and so on, although it is primarily used to express the abstract notions of selling and buying. In addition, commerce relates to an intellectual exchange of attitudes, opinions, etc and social relations or interactions.

A dictionary entry would read similar to this:
Commerce: 1) An exchange or interchange of commodities, particularly on a large scale, as in domestic commerce, between different parts of a country; or foreign commerce, between different countries. 2) Social interaction and intellectual exchange.

• Definition of Bifocal

Bifocal simply indicates the presence of two focal lengths. One section focuses on near vision, the other focuses on distant vision.

• Proposed Definition of Commerce-Bifocal

As an educated guess, commerce-bifocal appears to relate to a commerce strategy or system focusing not only on short term goals within trade of commodities or intellectual exchange, but also keeping long term goals and expectations in focus. In other words, commercial or intellectual relationships formed now are formed with a future vision clearly in mind. While short term decisions are being made, future developments and/or provision for the future are equally and simultaneously being taken into consideration.