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What is Business
Business is a term that can be understood in many meanings and it is a matter of complex debates: business as an enterprise or a firm, as a particular market sector or as an activity.

Business is a term that can be understood in many meanings and it is a matter of complex debates.

  • Business as an enterprise or a firm - an organization or a group of people established and engaged in the trade for a profit. A business owned by multiple individuals may be referred to as a company
  • Business as a particular market sector - e.g. music business, IT business
  • Business as an activity that someone is engaged in

The concept of business is used worldwide without translation as a general phrase “doing business with someone” or “having a business” which relates to the state of being busy.

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Other information and sources (International)
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Last update: 13.11.2012

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Courtney Thomas about 1 month

I now truly understand the meaning of the word Business. I hope the in true depth relation to CPA is also forwarded or shared with the viewers, or else I will have to look someplace else for this important issue at hand.

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