Business

Business refers to the organized effort of individuals or groups to produce and sell goods or services for profit. It encompasses a wide range of activities, including the creation, operation, management, and marketing of enterprises. Businesses can vary greatly in size, from small sole proprietorships to large multinational corporations. The primary objective of a business is often to fulfill customer needs while generating income and sustaining its operations.

Business activities include strategic planning, financial management, human resources, production, and sales. By providing valuable products or services, businesses contribute to economic growth and employment in society. In a broader sense, business also encompasses the relationship between individuals and organizations engaged in commerce, the regulations governing these activities, and the overall economic environment in which they operate.