Business

Business refers to the organized effort of individuals or groups to produce, sell, or provide goods and services in exchange for profit. It encompasses a variety of activities aimed at meeting the needs and wants of consumers through the development of products, marketing, sales, and service delivery. Businesses can range in size from small sole proprietorships to large multinational corporations and can operate in various sectors including retail, manufacturing, technology, and services. The fundamental goal of a business is to generate revenue while managing resources and risks effectively to ensure sustainability and growth. Business activities are often categorized into several functions, such as management, finance, marketing, and operations, which work together to achieve overall strategic objectives.