What is Business?
Business is that the activity of creating one’s living or making cash by manufacturing or shopping for and selling products (goods and services). Simply put, it is “any activity or enterprise entered into for profit. read our article about what is business here. Source: Wikipedia
Definitions of Business:
Stephenson said about business-
“The regular production or purchase and sale of goods undertaken with an objective of earning profit and acquiring wealth through the satisfaction of human wants.”
Dicksee said about business-
“Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted.”
Lewis Henry said about business-
“Human activity directed towards producing or acquiring wealth through buying and selling of goods.”
Thus, the term business means continuous production and distribution of goods and services with the aim of earning profits under uncertain market conditions.
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