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:

    Half the business is done, when one has gained the heart and the affections of those with whom one is to transact it.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    O that a man might know
    The end of this day’s business ere it come!
    William Shakespeare (1564–1616)

    In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds ... for it means that the most expensive restaurants are, with rare exceptions, the worst.
    John Kenneth Galbraith (b. 1908)