What is business and businessWhat is business and businessenvironment?environment?
Business is a wide term andBusiness is a wide term and
signifies all signifies all economic activities carried on with theeconomic activities carried on with theobjective of earning money/profit/gainobjective of earning money/profit/gain
Economic activities involveEconomic activities involve
production, production,exchange, distribution and consumption of exchange, distribution and consumption of goods and services.goods and services.
In short, the definition of aIn short, the definition of a
business as abusiness as acommercial activity to make a profit of ancommercial activity to make a profit of anorganisation (private or public).organisation (private or public).