What Exactly Is a Business? Understanding the various types and sizes of businesses

What Exactly Is a Business?

A business is a company or organization that engages in commercial, industrial, or professional activity. A business's objective is to organize economic production (of goods or services). Businesses can be for-profit corporations or non-profit organizations with a charity aim or a social cause. From sole proprietorships to massive international corporations, businesses range in size and scope.


Describe a business. Understanding Different Company Sizes and Types

Describe a business.

An organization or enterprising entity engaging in commercial, industrial, or professional activity is a business. A business's goal is to coordinate some form of economic production (of goods or services). Businesses can be for-profit corporations or nonprofit organizations working to advance a social cause. Businesses vary in size and scope from small, local enterprises to enormous, global conglomerates.


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