What is 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.

Read more about Business.

Some articles on business:

Sun Myung Moon - Business Interests
... The Unification Church's business holdings include the UPI, The Washington Times, and the Tongil Group, one of the largest South Korean business groups or chaebol ... In the 1990s, Moon's ownership of major business enterprises, including The Washington Times, the United Press International, and Pyeonghwa Motors was noted in the media ...
Hyundai Motor Company - History - Business
... Hyundai has invested in manufacturing plants in the North America, India, Czech Republic, Pakistan, China and Turkey as well as research and development centers in Europe, Asia, North America, and the Pacific Rim ... In 2004, Hyundai Motor Company had $57.2 billion in sales in South Korea making it the country's second largest corporation, or chaebol ...
Virgin Group
... a British multinational branded venture capital conglomerate company founded by business tycoon Richard Branson ... Its core business areas are travel, entertainment and lifestyle and it consists of more than 400 companies worldwide. 1989 by Companies House, who class it as a holding company however Virgin's business and trading activities date to the 1970s ...
Kingston University - Academics - Faculties - Faculty of Business and Law
... incorporating the Kingston University Business School and Kingston Law School ... The Faculty of Business and Law offers undergraduate and postgraduate courses as well as executive education in the five following groupings Law, Accounting and Finance, Informatics and Operations Management ... The Business School was the first in the world to receive AMBA accreditation for its MBA, DBA and Masters in Business Management ...
Business - Organization and Government Regulation - Intellectual Property
... the nature of intellectual property, a business needs protection in every jurisdiction in which they are concerned about competitors ...

More definitions of "business":

  • (noun): Incidental activity performed by an actor for dramatic effect.
    Example: "His business with the cane was hilarious"
    Synonyms: stage business, byplay
  • (noun): An immediate objective.
    Example: "Gossip was the main business of the evening"
  • (noun): The activity of providing goods and services involving financial and commercial and industrial aspects.
    Example: "Computers are now widely used in business"
    Synonyms: commercial enterprise, business enterprise
  • (noun): The principal activity in your life that you do to earn money.
    Example: "He's not in my line of business"
    Synonyms: occupation, job, line of work, line
  • (noun): Business concerns collectively.
    Example: "Government and business could not agree"
    Synonyms: business sector
  • (noun): The volume of business activity.
    Example: "Business is good today"; "show me where the business was today"
  • (noun): A rightful concern or responsibility.
    Example: "It's none of your business"; "mind your own business"

Famous quotes containing the word business:

    After all, the chief business of the American people is business.
    Calvin Coolidge (1872–1933)

    God forgive me, I do still see that my nature is not to be quite conquered, but will esteem pleasure above all things; though, yet in the middle of it, it hath reluctancy after my business, which is neglected by my following my pleasure. However, music and women I cannot but give way to, whatever my business is.
    Samuel Pepys (1633–1703)

    I have said many times, and it is literally true, that there is absolutely nothing that could keep me in business, if my job were simply business to me. The human problems which I deal with every day—concerning employees as well as customers—are the problems that fascinate me, that seem important to me.
    Hortense Odlum (1892–?)