© 2008 Dr. Mamta Kumari & Ms. Ritu
eaning of Business
usiness refer to all activities that are
eingorganized and carried on with an important purpose,viz; earn profit
y supplying goods and services toconsumers to satisfy their felt needs.
usiness covers a complex field of industryand commerce which involve activities related to
othproduction and distri
ution. Business include activitiesconnected with production, trade, transport, finance,
anking, insurance, advertising, and certain other activities related to industry and commerce.