Business

Business refers to the organized effort of individuals or groups to produce and sell goods or services for profit. It encompasses various activities and sectors that focus on meeting the needs and wants of consumers through the exchange of products and services. The term can apply to a wide range of entities, from small sole proprietorships and local shops to large multinational corporations. A business operates under a defined structure, often involving aspects such as management, marketing, finance, and operations. It typically aims to create value, generate profit, and contribute to the economy while engaging in legal and ethical practices.