Business, also known as the social science of managing people. Entrepreneurs and graduates are trained and skilled in organizing and maintaining collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue.
In other words, it is an organized approach to provide customers with the goods and services they desired. Business does not only refer to business within companies and countries, it includes the entire transactions that occur within the boundaries of the firm and the business processes, all the way from accounting to inventory control and to human resource management.
Part of the term that always goes along with the business process is called “commerce”. It refers to the process of buying and selling of goods. It is especially significant on a large scale between cities or nations where the exchange of goods and services must be delivered from one place to another.