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Feb 22, 2024 ·What is a business? A business is anorganization that sells goods or services for profit. Businesses can range in size from sole proprietorships run by one person to multinational corporations with thousands of employees around the world. Businessis the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1][2][3][4] It is also "any activity or enterprise entered into for profit." Jul 7, 2025 ·Whatisbusiness? Learn the basics, key concepts, ownership types, and strategies for success in the AI-driven world. Businessrefers to an enterprising entity or organization that carries out professional activities. They can be commercial, industrial, or others. For-profitbusinessentities do business to earn a profit, while non-profit ones do it for a charitable mission.