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:

    Do not craze yourself with thinking, but go about your business anywhere.
    Ralph Waldo Emerson (1803–1882)

    In leaving the people’s business in their hands, we can not be wrong.
    Abraham Lincoln (1809–1865)

    Gratitude among friends is like credit among tradesmen: it keeps business up, and maintains commerce. And we pay not because it is just to discharge our debts, but that we might the more easily find lenders on another occasion.
    François, Duc De La Rochefoucauld (1613–1680)