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’m afraid for all those who’ll have the bread snatched from their mouths by these machines.... What business has science and capitalism got, bringing all these new inventions into the works, before society has produced a generation educated up to using them!
    Henrik Ibsen (1828–1906)

    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.)

    I only do business with the people I do business with. The people I do business with find out I do business with the people I don’t do business with.... I can’t do business with you.
    John Guare (b. 1938)