Internet
Business
In economics, business is the social science of managing people
to organize and maintain collective productivity toward accomplishing
particular creative and productive goals, usually to generate profit.
The etymology of "business" refers to the state of being
busy, in the context of the individual as well as the community
or society. In other words, to be busy is to be doing commercially
viable and profitable work.
The term "business" has at least three usages, depending
on the scope — the general usage (above), the singular usage
to refer to a particular company or corporation, and the generalized
usage to refer to a particular market sector, such as "the
record business," "the computer business," or "the
business community" -- the community of suppliers of goods
and services.
The singular "business" can be a legally-recognized entity
within an economically free society, wherein individuals organize
based on expertise and skills to bring about social and technological
advancement.
In predominantly capitalist economies, businesses are typically
formed to earn profit and grow the personal wealth of their owners.
