Category: Business

A business is usually defined as an enterprising entity or organized body engaged in commercial, corporate, or professional acts for profit. Businesses may be either for-profit or non-profitable organizations that conduct primarily to meet a social objective or further an educational charity. A business may also be owned and run by an individual. Many businesses are started by some entrepreneurial individuals who use their skills and talents to establish a new venture. Other businesses are the result of a partnership between two or more entrepreneurs. The objective of business activity…

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A business is defined according to Webster’s Dictionary as a company or organized entity, usually of interrelated or related types, engaged in business. The activities of any business may be domestic or for-profit, public or private, international or local. Business enterprises may be sole proprietorships, partnership or corporations, registered agents and individuals. A business can also be composed of a number of small units which, although having the same purpose and intent are operated independently of each other. Small business may be a chain of stores, offices, warehouses or other…

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A business is defined as any enterprising entity or organisation that engages in commercial, industrial, or technical activities for profit. Business enterprises may be either for-profit or non-profitable entities that operate to fulfil a social cause or further an educational purpose. There are many ways in which people use businesses to further their social causes. Non-profits are commonly utilised to fund community projects and lobbies to influence government policies and create awareness about issues. For-profit businesses provide a source of revenue to support specific causes. Most businesses employ staff to…

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A business is defined legally as an entity organized for profit, business, or service and any enterprising entity or association of people who share a commercial interest or activity. Companies may be either for-profit or non-for-profit entities that operate for the purpose of satisfying a social purpose or furthering a social cause. There are many different types of businesses. They can be retail/stores, manufacturing, trading, information technology, art/commerce, and more. In this article, we’ll discuss some of the most important factors for running a successful business. When describing business, it…

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In business terms, a business is simply defined as any entity or organized set of people who are engaged in business activities aimed at satisfying a particular need. Businesses may be either for-profit or non-profitable organizations that conduct business to meet a social objective or further a personal social cause. However, there are different types of businesses including manufacturing, trading, retailing, financial service and information technology. In business activities, we often refer to as business enterprises, company, partnership, joint venture, proprietorship, partnership or corporation. The ultimate objective of business activity…

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A business is defined in the Merriam Webster’s Collegiate Dictionary Tenth Addition as: “A conducting of affairs or action by the authority of a person or group for the purpose of earning a profit.” A business can be either for-profit or non-profit organisations that conduct business to meet a social or charitable purpose or further an environmental cause. The concept of a business has been around for centuries and is usually described as a separate unit apart from the owner that carries on business activities for the profit of others.…

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