Business

A business is an organization that is involved in the production, distribution, or sale of goods or services. Businesses can be small, privately-owned enterprises, or large, publicly-traded corporations. The purpose of a business is to generate profits for its owners or shareholders by providing goods or services that are in demand. Businesses operate within a market economy, in which they compete with other businesses for customers and resources. The success of a business can be measured in terms of its financial performance, as well as its impact on the community and the environment.