Business
For other uses, see Business (disambiguation).
"Firm" redirects here. For other uses, see Firm (disambiguation).
"For-profit" redirects here. For businesses which are not-for-profit, see non-profit business.
A business, also known as anenterprise or a firm, is an organizationinvolved in the trade of goods, services, or both to consumers.[1] Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services tocustomers in exchange for other goods, services, or money. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company.
Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such as agribusinessrepresent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.
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