"The
term "business" refers to an organization or enterprising entity
that engages in commercial, industrial, or professional activities.
The purpose of a business is to facilitate some sort of economic
production of goods or services.
Businesses can be for-profit entities ornonprofitorganizations
fulfilling a charitable mission or furthering a social
cause. Businesses range in scale and scope from sole proprietorships
to large, international corporations. Business also refers to the
efforts and activities undertaken by individuals to produce and sell
goods and services for profit." Source
Investopedia
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