Business

Business refers to the organized effort of individuals or entities to produce, sell, or provide goods or services in exchange for profit. It encompasses a variety of activities aimed at fulfilling the needs and wants of consumers, while generating income for the owners or stakeholders involved. Businesses can take many forms, including sole proprietorships, partnerships, corporations, and cooperatives. The core functions of a business typically involve management, finance, marketing, and operations. The ultimate goal of a business is to create value and contribute to economic growth, while effectively managing resources and risks.