What is Business??????..?
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Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
The definition of business is an occupation or trade and the purchase and sale of products or services to make a profit. An example of business is farming. An example of business is a house sale. ... The buying and selling of commodities and services; commerce; trade
There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.