Business

Business refers to the organized effort of individuals or groups to produce and sell goods and services for profit. It encompasses various activities, including the buying and selling of products, the provision of services, and the management of operations. Businesses can be categorized by size, structure, and industry, ranging from small sole proprietorships to large multinational corporations. They operate within legal and regulatory frameworks and are influenced by economic conditions, market demand, and competition. The primary goal of a business is to generate profit, although many also focus on value creation, customer satisfaction, and social responsibility.