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.

Read more about Business.

Famous quotes containing the word business:

    Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.
    Elbert Hubbard (1856–1915)

    In my cheapest moments I am apt to think that it is n’t my business to be “seeking the spirit,” but as much its business to be seeking me.
    Henry David Thoreau (1817–1862)

    The simple opposition between the people and big business has disappeared because the people themselves have become so deeply involved in big business.
    Walter Lippmann (1889–1974)