what is business

1 Answers
caawiyepanel
April 16, 2023, 4:39 am
Business is an organization or entity engaged in commercial, industrial, or professional activities with the aim of generating income and profit. It involves various activities such as producing goods and services, buying and selling, marketing, financing, and managing operations. The main goal of a business is to create value for its customers, shareholders, and other stakeholders, while operating within the legal and ethical boundaries of the society in which it operates. Business plays a vital role in the economy by creating jobs, generating wealth, and contributing to social development.

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