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Showing posts from September, 2014

Definitions of Business

I collected the 5- Best definitions of Business in order to clearly teach business as well as non-business students and other readers for conceptually understand the basic meaning of business. An   organization   or   economic system   where   goods and services   are exchanged for one another or for   money A   business , also known as an   enterprise   or a   firm , is an   organization   involved in the   trade   of   goods ,   services , or both to   consumers Business is an   economic activity , which is related with continuous and regular production and distribution of goods and services for satisfying human wants. Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted.   A  commercial  activity engaged in as a  means  of livelihood or  profit , or an  entity  which  engages  in such  activities .                                                      Regards;