Wednesday, September 21, 2016

Business definition



In short sense, Business is the exchange of goods & services, with or without money, to make profit in the forcible future. In broader sense, Business is an economic activity, which is related with continuous and regular production and distribution of goods and services for satisfying human wants.
According to Stephenson business is,  "The regular production or purchase and sale of goods undertaken with an objective of earning profit and acquiring wealth through the satisfaction of human wants"