Business

Business refers to the organized effort of individuals or groups to produce and sell goods or services for profit. It encompasses various activities, including the creation, management, and operation of enterprises that engage in commercial, industrial, or professional activities. Businesses can range in size from small sole proprietorships to large multinational corporations. They operate within various sectors, such as retail, manufacturing, services, and technology, and are characterized by their goals of generating revenue and creating value for stakeholders, including owners, employees, customers, and the community. A business typically involves a systematic approach to planning, marketing, finance, and operations to achieve its objectives and sustain its viability in the marketplace.