What is a business?

Learn the basic definition of a business, its functions, and the different types of businesses that exist in today's economy.

What is a business?
Georgia Apr-27-2023 11:00:34
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1 Answer

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A business is an organization or entity involved in the production, purchase, sale, or exchange of goods or services in exchange for money or other goods and services. Businesses are typically owned by individuals, partnerships, or corporations, and are used to generate income for the owners. The activities of a business are varied and can range from providing products and services to customers, to employing staff in order to manufacture products or provide services.
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Benjamin
24 Ques 1 Ans
answered 22 Aug 2023

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