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- Business refers to an organization or individual engaged in the exchange of goods or services in order to generate profits12345. The purpose of a business is to organize some sort of economic production of goods or services1. Businesses operate with the aim of meeting customers’ needs and maximizing financial returns3. Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. The purpose of a business is to organize some sort of economic production of goods or services.www.investopedia.com/terms/b/business.aspBusiness is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."en.wikipedia.org/wiki/BusinessAt its core, Business refers to any organisation or individual engaged in the exchange of goods or services in order to generate profits. Whether it’s a small-scale enterprise or a global conglomerate, businesses operate with the aim of meeting customers’ needs and maximising financial returns.www.theceo.in/blogs/what-is-a-businessBusiness is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers. Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively.byjus.com/commerce/concept-and-features-of-busi…Business is any economic activity that includes the purchase or sale of goods or services with the basic objective of earning profit and satisfying the individuals’ needs of the society. Business activities can be classified into two categories: Industry and Commerce.www.geeksforgeeks.org/introduction-to-business/
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