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  2. Business - Wikipedia

    Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). [1] [2] [need quotation to verify] [3] [4] It is also "any activity or enterprise entered into for profit." [5]

  3. Business process - Wikipedia

    Davenport (1993) defines a (business) process as: ”a structured, measured set of activities designed to produce a specific output for a particular customer or market. It implies a strong emphasis on how work is done within an organization, in contrast to a product focus’s emphasis on what.

  4. International business - Wikipedia

    International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of ...

  5. Business development - Wikipedia

    Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. [1] It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. [2]

  6. Business model - Wikipedia

    Business model. Business model innovation is an iterative and potentially circular process [1] A business model describes how an organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a ...

  7. Small business - Wikipedia

    Small business in Bursa, Turkey.One of the claimed advantages of small business owners is the ability to serve market niches not served by mass production industries. . Consider how few major corporations would be willing to deal with the risks and uncertainty that small antique store deals with buying and selling non-standardized items and making quick assessments of the value of rar

  8. Business idea - Wikipedia

    A business idea is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money. An idea is the first milestone in the process of building a successful business. The characteristics of a promising business idea are: Innovative Unique Problem solving Profitable understandable