What is business?

  • (noun): Business concerns collectively.
    Example: "Government and business could not agree"
    Synonyms: business sector
    See also — Additional definitions below


A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

Read more about Business.

Some articles on business:

Virgin Group
... multinational branded venture capital conglomerate company founded by business tycoon Richard Branson ... Its core business areas are travel, entertainment and lifestyle and it consists of more than 400 companies worldwide ... as 1989 by Companies House, who class it as a holding company however Virgin's business and trading activities date to the 1970s ...
Business - Organization and Government Regulation - Intellectual Property
... Because of the nature of intellectual property, a business needs protection in every jurisdiction in which they are concerned about competitors ...
Kingston University - Academics - Faculties - Faculty of Business and Law
... Based at the Kingston Hill campus and incorporating the Kingston University Business School and Kingston Law School ... The Faculty of Business and Law offers undergraduate and postgraduate courses as well as executive education in the five following groupings Law, Accounting and Finance, Informatics and Operations ... The Business School was the first in the world to receive AMBA accreditation for its MBA, DBA and Masters in Business Management ...
Hyundai Motor Company - History - Business
... Hyundai has invested in manufacturing plants in the North America, India, Czech Republic, Pakistan, China and Turkey as well as research and development centers in Europe, Asia, North America, and the Pacific Rim ... In 2004, Hyundai Motor Company had $57.2 billion in sales in South Korea making it the country's second largest corporation, or chaebol ...

More definitions of "business":

  • (noun): The volume of business activity.
    Example: "Business is good today"; "show me where the business was today"
  • (noun): The principal activity in your life that you do to earn money.
    Example: "He's not in my line of business"
    Synonyms: occupation, job, line of work, line
  • (noun): An immediate objective.
    Example: "Gossip was the main business of the evening"
  • (noun): Incidental activity performed by an actor for dramatic effect.
    Example: "His business with the cane was hilarious"
    Synonyms: stage business, byplay
  • (noun): A rightful concern or responsibility.
    Example: "It's none of your business"; "mind your own business"
  • (noun): The activity of providing goods and services involving financial and commercial and industrial aspects.
    Example: "Computers are now widely used in business"
    Synonyms: commercial enterprise, business enterprise

Famous quotes containing the word business:

    Like a man to double business bound,
    I stand in pause where I shall first begin,
    And both neglect.
    William Shakespeare (1564–1616)

    Our business is to have great credit and to use it little.
    Thomas Jefferson (1743–1826)

    One of the necessary qualifications of an efficient business man in these days of industrial literature seems to be the ability to write, in clear and idiomatic English, a 1,000-word story on how efficient he is and how he got that way.... It seems that the entire business world were devoting its working hours to the creation of a school of introspective literature.
    Robert Benchley (1889–1945)