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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 | 2774 |
| Downloads | 0 |
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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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