Definition Of Business

A busisness (also call a company, enterprise of firm) is a legally recognized organization, designed to provide goods an or service to customers,Businesses is predominant in capitalist economies. Most businesses are privately owned. A business typically form to earn profit that will increase the wealth of its owner and grow the business it self, . The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Businesses can also be formed not-for-profit or be state-owned.