Re-Search for business
Business is the basis of any economic society, and we will address through this topic the concept of business and the most important features that distinguish it in addition to its types.
Any research includes a set of steps that must be followed during its preparation and preparation, as it consists of an outer cover of the research content that carries some information such as the name of the researcher, the title of the research topic and the party submitting it.
Then the index, which is considered to contain the two sub-headings of the search and the page numbers in which each subheading is located and its content, and the index facilitates the search for any of the topics included in the research.
Introduction to Business
A business includes every activity that is keen to provide profit, and provides different products and services that help meet all the needs and requirements of consumers.
Through business research, we present to you everything related to business in general and we will address the concept and importance of business as well as the types of that business.
Business concept
The concept of business is one of the popular concepts in various fields, whether related to the economy in general, law, or business administration, and scientists and experts have developed several definitions to develop the concept of business, as some described it as a set of activities that seek to achieve material profit by providing goods and products that satisfy the needs of all consumers.
It has also been defined as a direct profit-oriented economic activity, and others have defined it as all activities exerted to achieve the production and distribution of products and goods and the provision of services, all aimed at satisfying human needs and desires.
In another definition of business, some experts have said that businesses are those businesses that aim to profit through the circulation of wealth, individually or through projects.
The term business is widely used as a symbol of the organized activities carried out by people to produce and sell goods in addition to the various services that are provided with the aim of satisfying the need of society and acquiring the highest percentage of profit, and this term is also named on productive entities and institutions that provide commodity service or that provide other services such as airlines, iron and steel factories.
Business attributes
Businesses are characterized by a distinctive set of characteristics that gave them a higher position than other businesses, as these businesses are evaluated and managed by private persons, or legal persons, and although the government can own some shares of them, it cannot dominate them.
Business activity is primarily economic, making its first and only area of operation the market, and is naturally affected by the overall economic situation.
Business is carried out primarily with the aim of achieving the greatest possible profit and profit for the owners, and the greatest burden falls on the shoulders of those who evaluate and manage them, as they always strive to achieve the best financial return.
It is easy to achieve material profits through the production and sale of products for which the customer can pay any amount of money, provided that the prices are at an acceptable level and not exaggerated in order to serve the benefit of the public, as the public is primarily responsible for the percentage of profits.
Businesses generally have a legal presence on the scene, and for the continuation of any business it is necessary to be licensed in accordance with the agreed and declared commercial law, while unlicensed businesses that operate illegally, they do not fall within the field of interest of business administration.
For example, if an individual makes a specific import deal for a product or service, it is considered a pure deal and does not take the form of a project that is characterized by continuity, and when the same individual exports the export in an organized and thoughtful manner aimed at achieving a high financial return, he will need in this case to organize, issue a legal license, obtain a specific identity, and in This case is called a business and is organized.
Business Types
There are several types of businesses that can be categorized, according to the type of activity or according to the legal body for the type of activity.
According to the previous classifications, businesses were divided into different types in order to distinguish the business and develop a clear concept for each of them.
Business according to the quality of activity
According to the type of activity provided, businesses are divided into productive projects, commercial projects and service projects as follows:
Productive projects: In this type of business, productive activities are provided through business projects, and these activities include mining and agriculture projects, and manufacturing projects that are based on semi-finished raw materials during the completion of various manufacturing production processes.
Commercial projects: This type is based on the practice of activities related to the transport and distribution of goods and products from the place of manufacture to the various places of consumption, and these activities include transport functions in their details from loading, unloading, packaging, storage, and even distribution.
Service projects: This type of business is based on business projects that do not depend on the production or distribution of various products, but are based on intangible services that are provided to consumers, and includes the services of the telecommunications sector, hotel services, various financial institutions such as banks and insurance companies, as well as the air and land transport sector.
Business by legal form of ownership
There are many legal forms of ownership of projects that fall under business, and they are classified according to three main forms represented in companies of persons, funds, and limited liability companies, and these types include the following:
Companies of persons that include a group of companies are managed according to personal consideration and mutual trust between partners and each other, and in these companies the most important and largest role is on the partner so that he cannot waive his percentage in the company except with certain restrictions.
The most important characteristic of this type of company is the association of the personality of its owner or the group of co-owners with the personality of the company, and the owner has full responsibility towards the various parties.
Money companies (joint stock companies), which include several people who finance in exchange for shares of equal value with each other and can be traded, and each of them bears the loss according to the value of the shares they own.
The end
This research related to business came with an index of the content of the research, then touched on the concept of business in general and the most prominent definitions that came in this section, the characteristics of business, and the types of business with a brief explanation of the classifications according to which the types are divided.
