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A '''business''' (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers.[1] Businesses are predominant in [[capitalist]] economies, most being [[private]]ly owned and formed to earn profit that will increase the [[wealth]] of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a [[financial]] return in exchange for [[work]] and [[acceptance]] of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Businesses can also be formed not-for-profit or be state-owned.

A '''business''' (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers.[1] Businesses are predominant in [[capitalist]] economies, most being [[private]]ly owned and formed to earn profit that will increase the [[wealth]] of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a [[financial]] return in exchange for [[work]] and [[acceptance]] of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Businesses can also be formed not-for-profit or be state-owned.

<center>For lessons on the [[topic]] of '''''Business''''', follow [http://nordan.daynal.org/wiki/index.php?title=Category:Business this link].</center>

<center>For lessons on the [[topic]] of '''''Business''''', follow [https://nordan.daynal.org/wiki/index.php?title=Category:Business this link].</center>

The etymology of "business" relates to the [[state]] of being busy either as an [[individual]] or [[society]] as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all [[activity]] by the [[community]] of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of [[debate]].

The etymology of "business" relates to the [[state]] of being busy either as an [[individual]] or [[society]] as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all [[activity]] by the [[community]] of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of [[debate]].

===Basic forms of ownership===

===Basic forms of ownership===