BBA 111: INTRODUCTION TO BUSINESS STUDIES

Institution MASENO UNIVERSITY
Course BUSSINESS ADMINISTRA...
Year 1st Year
Semester Unknown
Posted By Codred Agencies
File Type docx
Pages
File Size 290.56 KB
Views 5623
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Description

A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or stateowned. A business owned by multiple individuals may be referred to as a company.
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