business is a word which is commonly used in many different languages. but exactly what does it mean?,the concepts and activities of business have increased in modern times. traditionally. businesssimply meant exchange for trade for things people wanted or needed. today is has a more technical definition. one definition of business is the production, distribution, and sale of goods and servicesfor a profit. to examine this definition, we will look at is various parts.
first, production is the creation of services or the changing of materials into products. one example is theconversion of iron ore into metal car parts. next this products need to be moved from the factory to the marketplace. this is know as distribution, a car might be moved from a factory in detroit to a cardealership in miami.
third is the sale of goods and services. sale is the exchange of a product or service for money. a car is sold to someone in exchange for money. a car is sold to someone inexchange for money. goods are products which people either need or want, for example, cars can be classified as goods, services, on the other hands, are activities which a person or group performs foranother person or organization. for instance, an auto mechanic performs a service when he repairs a car. a doctor also performs a service by taking care of people when they are sick.
business, then,is a combination of all these activities: production, distribution, and sale. however, there is one other important factor. this factor is the creation for profit or economic surplus. a major goal inthe functioning of an American Business company is making a profit. Profit is the money that remains after all the expenses are paid. creating an economic surplus of profit is, therefore, primarygoal of business activity.
negocio es una palabra que se usa comúnmente en muchos idiomas diferentes. Pero exactamente, ¿qué significa?, los conceptos y las actividades de negocio han aumentado en...
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