Business
A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers. 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 state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.
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Famous quotes containing the word business:
“I am firmly opposed to the government entering into any business the major purpose of which is competition with our citizens ... for the Federal Government deliberately to go out to build up and expand ... a power and manufacturing business is to break down the initiative and enterprise of the American people; it is the destruction of equality of opportunity amongst our people, it is the negation of the ideals upon which our civilization has been based.”
—Herbert Hoover (1874–1964)
“Most of us have felt barriers between ourselves and our fathers and had thought that going it alone was part of what it meant to be a man. We tried to get close to our children when we became fathers, and yet the business of practicing masculinity kept getting in the way. We men have begun to talk about that.”
—Frank Pittman (20th century)
“I am succeeding very well so far with my legging, but it is a very mean business for a man that has been well brought up to engage in. It is the only way to get a bill from Cincinnati through, so it must be done.”
—Rutherford Birchard Hayes (1822–1893)