The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of debate.
Business is a system. Business persons employ people to work for them and engage investors to invest. They get lion's share of profit.
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Dictionary.com defines business as the purchase and sale of goods in the attempt to make a profit.
At the risk of sounding trite, there are many layers of business but here's my summary. On a skin-deep level business IS technically the exchange of goods and services for currency. On a flesh and blood level business is built on relationships of trust and understanding. Underneath it all - the bare bones skeletal framework - business is energy in the form of money moving at the speed of value. The more valuable (partly based on timeliness, partly based on perception) the exchange, the faster / greater the amount that changes hands.
Business simply means “the productive busyness of people (at different level) while trying to satisfy identified human need(s) and at the same time making profit from their busyness”.
Business is a related series of activities carried on in a structured ('business-like') manner for economic reward.
Contrary to some definitions, I don't consider profit to be an essential element - can't non-profit organisations also carry on a business? Equally, the type of activity (be it the sale of goods, provision of services, or combination of both) is not really an indicator of a business.
Whether or not something is a business turns on the manner in which it's carried out.
business is how people got money from their activity,example people blogging for earning money than known as online business
business is play smart and know how to stop when you on the top, and the essence of business is Risk I.e 50:50 so all you have to do e.g analyze, action, evaluation of your actions, the last one is modifications
and if you hoping someone answering about Business definitions just Goggling, or maybe you can find the answer from yahoo and wiki, but soon or later you'll realize that my answer is the most reasonable not the best but at least Make sense without BS answer and try to help you with some kind of business Idealism, I am really sorry its not Me :-)
A business is a legally recognized organization designed to provide goods or services to consumers.
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If it costs you money it's a hobby; if it makes you money it's a business.
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