What is Business?
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
What is Business Management?
Business management is the process of planning, organizing, directing, and controlling the activities of a business or organization to achieve its goals and objectives. It involves overseeing all aspects of a business, from finance and operations to marketing and human resources. Business managers must be skilled in leadership, communication, and problem-solving, and must be able to make strategic decisions that drive the success of the organization.
Learn Business Management is the coordination and organization of business activities. Business managers oversee operations and help employees reach their top productivity levels. A business manager may also supervise or train new employees, help a business reach its operational and financial objectives.
Following topics is given below:
- Business Operations
- Business Analysis
- Business Law
- Business Ethics
- Ethics Tutorials
- Writing Skills
- Strategic Approaches
- Workplace
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