Business is the organized effort of individual to product and sell, for a profit, the goods and services that satisfy society’s needs.
A business is an organization engaged in producing good and services to make a profit.
Business may be defined as human activity towards providing or acquiring wealth through buying and selling goods.
Importance of Business
Production of Goods
Distribution of Goods ( every where easily)
Satisfying consumers Needs
Success of invention & innovations
Success of Industrial Revolution
Standard of living
Job Opportunities
Growth of High Education
Types of Business
Services Business;
Doctors, Engineering firms, sportsmen, lawyer, Food service etc
Manufacturing & production Firms;
Bata, service, bakery, Textile industries, and different electric goods firms etc
Trades;
Different types of Shops, Import & exports, etc
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