Business refers to the activity of producing, buying, selling, or providing goods or services for profit. It encompasses various forms of organized efforts aimed at meeting consumer needs and demands. A business may operate as a sole proprietorship, partnership, corporation, or any other legal structure and can range from small local shops to large multinational corporations. The core objective of a business is typically to generate revenue and maximize profit by effectively utilizing resources such as labor, capital, and materials. In addition, businesses play a crucial role in the economy by creating employment, driving innovation, and contributing to the overall wealth of society.