When you think of "business" what picture do you have in your mind? Is it corporation like Xerox, Procter & Gambler, Unilever? If so, you are right, but there is more to business than these large corporation.It is Tony's Family Cafe, Venturi's Beauty Shop, Carla's Pizza, and another corporation.
Business come in all shapes and sizes, but, despite the variationsin size and activity, each is what we call a business because each an organization engaged in producing and selling, at a profit, goods and services that consumer's want.
This definition focuses on some key points about business.
All businesses :
Business come in all shapes and sizes, but, despite the variationsin size and activity, each is what we call a business because each an organization engaged in producing and selling, at a profit, goods and services that consumer's want.
This definition focuses on some key points about business.
All businesses :
- Produce either goods or services
- Seek profit
- Try to satisfy consumer wants
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