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Business




In economics, a business is an organization that sells goods or services to consumers or other businesses, to earn a profit. Historically the business word of the English language business, from the basic word busy which means "busy" in the context of individuals, communities, or society. In the sense, busy doing activities and jobs that bring benefits.

In a capitalist economy, where most businesses are privately owned, businesses are formed to gain profit and increase the prosperity of their owners. Owners and operators of a business get rewards according to the time, effort, or capital they provide. But not all businesses pursue such profits, such as cooperative business that aims to improve the welfare of all members or government institutions aimed at improving the welfare of the people. This business model is in contrast to the socialistic system, where large businesses are mostly owned by governments, the general public, or unions.

Etymologically, business means circumstances in which a person or group of people is busy doing profitable work. The word "business" itself has three uses, depending on the scope - the singular use of the word business can refer to a business entity, a juridical (technical), technical, and economic unit aimed at making a profit or profit. Broader usage may refer to specific market sectors, such as "television business." The most extensive use refers to all activities undertaken by the community of goods and services providers. But the exact definition of "business" is still a matter of debate to this day.

Classification:

Businesses are of various types, and, as a result, businesses can be grouped in different ways. One of the many ways that can be used is to group the business based on the activities it does in making a profit.
Manufacturing is a business that produces products derived from raw goods or components, then sold for profit. A manufacturing example is a company that produces physical goods such as cars or pipes.
Business services are businesses that produce intangible goods, and earn profits by charging for services they provide. Examples of service businesses is a consultant and psychologist.
Retailers and distributors are those who act as intermediaries between producers and consumers. Most consumer-oriented stores and companies are distributors or retailers. see also: Franchise
Agricultural and mining businesses are businesses that produce raw goods, such as plants or minerals.
Financial business is a business that benefits from investment and capital management.
Business information is a business generating profits primarily from the re-sale of intellectual property (intelellectual property).
Utilities are businesses that operate services for the public, such as electricity and water, and are usually funded by the government.
A real estate business is a profitable business by selling, renting, and developing properties, homes and buildings.
A transport business is a business that benefits by delivering goods or individuals from one location to another.
Online business is a business done online via the internet. In an online business, any item can be diperjuabelikan as in business in general. To be able to do business online, many media that can be utilized, one of them is website, facebook, twitter, instagram, path, blog and others.


https://en.wikipedia.org