ilearnlotLearn Concept of Business, Economics, Management
Business Content, Opportunity, and Small Business Ideas, Businesses can privately own, not-for-profit or state-own. An example of an Online eCommerce industry is Google Searching Web and also Facebook Social Site. While a mom-and-pop catering profession is a private enterprise. Every industry requires some form of investment and enough customers to whom its output can sale on a consistent basis in order to make a profit. An organization or economic system where goods and services exchanged for one another or for money.
A business (also known as an enterprise, a company, or a firm) is an organizational entity and legal entity made up of an association of people, be they natural, legal, or a mixture of both who share a common purpose and unite in order to focus. Their various talents and organize, their collectively available skills or resources to achieve. Specific declared goals and are involved in the provision of goods and services to consumers. A profession can also describe as an organization that provides goods and services for human needs.