Business

Business refers to the organized effort by individuals or groups to produce and sell goods and services for profit. It encompasses a wide range of activities, including the creation, management, operation, and marketing of enterprises. Businesses can vary in size from small sole proprietorships to large multinational corporations and can operate across various sectors, such as retail, manufacturing, technology, and services. The core objective of a business is to meet customer needs and generate revenue, which can be reinvested or distributed among stakeholders. Business also involves various functions, including finance, human resources, operations, and strategy, aimed at achieving efficiency and effectiveness in achieving its goals.