Difference between revisions of "Business"

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'''Business''' generally refers to an activity producing revenue, sustenance, or subsistence.  All sources of income for individuals and governments are in one way or another directly the result of  business activity.
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==Economics==
 
==Economics==
'''Business''' is a term with a multitude of economic meanings, varying distinctly in scope.  As a broad field, "business" can be used to refer to a field of [[social science]] aimed at achieving particular economic goals, typically [[profit]].
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'''Business''' is a term with a multitude of economic meanings, varying distinctly in scope.  As a broad field, "business" can be used to refer to a field of [[social science]] aimed at achieving particular economic goals, typically service, gain, or [[profit]].
  
 
Less generally, "business" can be used to refer to a specific [[industry]] or [[market sector]] in an [[economy]].  Examples include the "fast food business" and the "automobile business".
 
Less generally, "business" can be used to refer to a specific [[industry]] or [[market sector]] in an [[economy]].  Examples include the "fast food business" and the "automobile business".

Revision as of 03:46, March 21, 2013

Business generally refers to an activity producing revenue, sustenance, or subsistence. All sources of income for individuals and governments are in one way or another directly the result of business activity.

Economics

Business is a term with a multitude of economic meanings, varying distinctly in scope. As a broad field, "business" can be used to refer to a field of social science aimed at achieving particular economic goals, typically service, gain, or profit.

Less generally, "business" can be used to refer to a specific industry or market sector in an economy. Examples include the "fast food business" and the "automobile business".

"Business" can also be used as a synonym for a specific business entity, a.k.a. corporation, company, etc.

Personal Affairs

Business is often used as a term referring to personal responsibilities or concerns of a specific individual or collective entity.

See also