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Commercial management, also known as commercial administration,^[1] is overseeing and handling an organization’s functions and activities involved in the process of exchanging goods, services, or other valuable assets, as well as any income-generating activity; in order to achieve and sustain profitability while minimizing risks and costs.^[2] In other words, commercial management is "the identification and development of business opportunities and the profitable management of projects and contracts, from inception to completion".^[3]

^ "BACHELOR IN COMMERCIAL AND MARKETING ADMINISTRATION – UNAD". Retrieved 2025-01-16.
^ "What is commercial management?". Universidad Europea. 2023-10-18. Retrieved 2024-12-28.
^ Institute of Commercial Management, "What is Commercial Management?" Archived 2017-12-05 at the Wayback Machine