A business, in general, is defined as a company or organization engaged in either commercial industrial, financial, or other activities. The primary business activity of most people is the business of buying, selling, and trading, although there are many different kinds of business. Business organizations can be private for-profit corporations or other non-for-profit non-governmental organizations that work for a charitable purpose or to meet a personal social cause. Most businesses have some sort of official board. The purpose of a business is to produce a profit through the sale or exchange of goods, services, capital, and ownership. A corporation is a separate legal entity that can engage in virtually any kind of business activity. An unincorporated association of persons is a business organization that is a separate legal entity from the members. A variety of factors can determine what types of business organizations exist. Some businesses are designed to generate a profit, while o...
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