What is business?

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Home Tutor for Classes 6th-12th n BBA

An organization or economic system where goods and services are exchanged for one another or for money.
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MBA(HR & MARKETING)

Human beings are continuously engaged in some activity or other in order to satisfy their unlimited wants. Every day we come across the word 'business' or 'businessman' directly or indirectly. Business has become essential part of modern world.Business is an economic activity, which is related with continuous...
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Human beings are continuously engaged in some activity or other in order to satisfy their unlimited wants. Every day we come across the word 'business' or 'businessman' directly or indirectly. Business has become essential part of modern world.Business is an economic activity, which is related with continuous and regular production and distribution of goods and services for satisfying human wants. All of us need food, clothing and shelter. We also have many other household requirements to be satisfied in our daily lives. We met these requirements from the shopkeeper. The shopkeeper gets from wholesaler. The wholesaler gets from manufacturers. The shopkeeper, the wholesaler, the manufacturer are doing business and therefore they are called as Businessman.Stephenson defines business as, "The regular production or purchase and sale of goods undertaken with an objective of earning profit and acquiring wealth through the satisfaction of human wants." According to Dicksee, "Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted." Lewis Henry defines business as, "Human activity directed towards producing or acquiring wealth through buying and selling of goods." Thus, the term business means continuous production and distribution of goods and services with the aim of earning profits under uncertain market conditions. read less
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Assistant professor

Business is an economic activity as it is concerned with earning money and acquiring wealth.Business encompasses all activities invovlved in the production and sale of goods and services for profit.
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MBA in Finance & Marketing

Busineas is that economic activity , which is done or managed for profit earning.... without profit there is no business.....
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An Employability Training specialist

The activity of making, buying, or selling goods or providing services in exchange for money with profit, credibility & social recognition.
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Business refers to those transactions where goods and services are transfered from one person to another with some consideration.
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Marketing Management

A business an activity through Individual or organization to exchange Goods or Services for money or some Consideration. Consideration point being taken because the inception of business of barter System which later on replaced by Monetary/Money.
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Trainer

Business is an economic market, where buying and selling of goods happens in the motto of profitability
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HR Proe

An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. An organization or economic system where goods...
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An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. Business is an economic activity, which is related with continuous and regular production and distribution of goods and services for satisfying human wants. read less
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BBA Tutor in Somalwada,Manish Nagar,Wardha Road.

Business could be defined as an economic activity performed with the soul motive of earning profit.It involves a methodological process of usage of land,labour and capital and convert it into a product/service which can be provided to the customers against some money.
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