Business

Business refers to the activity of providing goods or services to consumers for profit. It encompasses a range of organized efforts that involve the creation, distribution, and sale of products or services. Businesses can be formed as sole proprietorships, partnerships, corporations, or cooperatives, and they operate within various sectors of the economy, including services, manufacturing, retail, and agriculture. The primary objective of a business is to generate income and create value for its stakeholders, including owners, employees, customers, and the community. Business activities involve planning, marketing, sales, finance, and operations, and they require strategic decision-making to adapt to market demands and competitive landscapes.