Definition of Business by Different Authors | Business Definition by Experts

Definition of Business by Different Authors

In a normal sense, Business is all legitimate economic activity, including production and distribution, for the purpose of making a profit. Business is related to an equation which is as follows: B = ΣI+ ΣT + ΣAT Where, ΣI = Industry (Related to production) ΣT = Trade (Distribution of products) ΣAT = Auxiliaries to trade … Read more

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