Business is the activity of making one’s living or making money
by producing or buying and selling goods or services. Simply put,
it is any activity or enterprise entered into for profit. It does not
mean it is a company, a corporation, partnership, or have any
such formal organization, but it can range from a street peddler
to General Motors.The term is also often used colloquially but not
by lawyers or public officials to refer to a company, but this article
will not deal with that sense of the word.