Any activity related to producing and/or buying and/or selling products (Goods and Services).
It's one of the fundamental concepts in social activity of the mankind.
The Business normally consists of Shareholders, Employees and Assets operating within one or few Economic Entities and making use of the professional Business Administration.
The Businesses are classified into:
Commercial Business | Non-Commercial Business |
---|---|
with ultimate goal to maximize the Shareholders' Equity | which does not increase the Shareholders' Equity |
See also
[ Commercial Business ] [ Non-Commercial Business ]
[ Business Administration ] [ Economic Entity ] [ Shareholders ] [ Employee ] [ Assets ] [ Products ]
[ Equity ]