Hello friends!! We have completed two series of blogs in one we discussed entrepreneurship and in anathor one green skills. Today, we will be starting a new series which is on business. Business is a really huge concept and it has various dimensions. Let's start from discussing the concept of business. 

Let's go

The term business means the state of being busy or refers to the busyness of a person. But, this is not an appropriate description of business, it covers almost all the human activities. Business is an economic activity as it's main focus is to earn money. It is a human activity as it can be done only by human beings. Business focuses on acquiring wealth and using it to produce goods and services in exchange of money. A business encompass all the activities involved. Even though many people have defined business in various different ways but the conclusion remains the same. India is a hub of small small businesses which are unfortunately getting extinct as their present is harm by the upcoming startups these days. Businesses like tea plantation,  dairy  tobacco et cetera are one of the large shareholders in the market places. But due to the emergence of startups in our country these businesses are shrinking. A large number of employment is connected to the traditional businesses hence government is trying it's best to revive there declineing growth. Since times are changing very fast and the business models are also changing. Government is trying to encourage people to buy from India and to produce products in India. So  that a good circulation of money is present in the economy and people get job opportunities. Now let us see some of the definitions given by great people on business. According to wheeler business is an institution which is operated or organised to provide products which are goods and services to society under the motive of private profit. Similarly according to Honey business is a human activity which is directed towards acquisition of wealth by buying and selling goods. At last according to spriegal business is something more than just buying and selling or production it is made up of happiness disappointment ups and down and rewards.I hope you understood the meaning and the basic concept of the business. We will discussing more about business in upcoming posts. Please, like, share and follow. Thank you for your support .