business

Business, from a definitive standpoint, is the purchase and sale of goods and/or services. It is often defined as an organization that provides goods and services to those who want or need those goods or services.

Structures of a business vary. A business can be large or small, service or product oriented. A man mowing lawns for a living has a business, as does the women who owns a restaurant or the partners who own a large advertising agency with hundreds of employees. A business can have hundreds of employees, be a one man show, or a small company run with the help of a website.

Business involves selling something, be it a tangible item such as clothing, or intangible services such as expert advice, to people who want it. To be profitable a business must have a product and a market for the product.

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Original Technorati articles tagged “business”

• in Small Business
  The Road Is Rocky For An Entrepreneur
  Times had been too good (to be true) for SME in some western countries in the last decades..
  by jazzvox / on Nov 22, 2009
• in Business
  All I Need To Know I Learned From Carrie Prejean - Three Life Lessons
  It's not often a guest threatens to walk off 'Larry King Live' but when it happens, you can be sure there's plenty to learn.
  by JC10002 / on Nov 16, 2009
• in Family
  Generation X Could Be Holding The Keys To Future Companies
  Generation X, the next revolution of markets.
  by breetreport / on Nov 15, 2009

Latest blogosphere posts tagged “business”

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