Business refers to any activity or organization that is engaged in the production, sale, or exchange of goods or services for profit. It involves the creation, management, and operation of a commercial enterprise, which may be owned by an individual, a group of individuals, or a corporation. The primary goal of a business is to generate revenue and profits by providing products or services that meet the needs and wants of customers. Business activities can range from small-scale operations, such as a sole proprietorship, to large multinational corporations with operations in multiple countries.