What is business? Kindly give the actual meaning of business.
Asked by Rohith Ailani
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2 Answers
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A business is defined as an organisation 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. Entrepreneurship is the creation or extraction of value. With this definition, entrepreneurship is viewed as change, which may include other values than simply economic ones. The difference between Business and Entrepreneurship. This means that, for example, a Business man main focus is not on innovation, but more on making sure a company is making profit. Entrepreneurship on t...more
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Business involves trade, company, a group of company and so On. It basically can be family business or a startup into an idea which is more suitable and profitable as per the businessman.
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