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.
Related terms and methods:
Related management fields: