Business

Business

A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

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Famous quotes containing the word business:

    I think that New York is not the cultural center of America, but the business and administrative center of American culture.
    Saul Bellow (b. 1915)

    And what if my descendants lose the flower
    Through natural declension of the soul,
    Through too much business with the passing hour,
    Through too much play, or marriage with a fool?
    William Butler Yeats (1865–1939)

    It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.
    Aristotle (384–322 B.C.)