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Home Definitions

What is a Business? Definition or Meaning

Posted by Bizversity

So, what is business? When you put it simply, business is the activity of providing goods and services in return for payment. But we all know business is a lot more complicated than that!

For example…

The smallest business may be one person serving one customer. The largest involves thousands of people working to satisfy potentially millions of customers. Many of the world’s major businesses started off very small and have grown through measured and careful strategies as well as best business practices.

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