A large number of people involved in
different types of activities to fulfill the human requirement and need. In the
case of their involvement, they try to make a profit by performing their
activities. People are interested to make a profit and maximize their wealth. But
some of them can be able to reach their destination, some of them continue their
activities moderately and some of them are lost and close their activities. Today
we try to discuss the term of business, it's form, advantages, and disadvantages
of the different forms of businesses separately from my point of view.
Business
People involve various kinds of
activities as a producer, service provider, inter mediators to gain or earn profit
to maximize their wealth is called business. It requires a large number of people
gathering to achieve business goals. We can say very simply when people involve
in any activities to serve the consumers demand-supply gap with earning profit
and maximizing the wealth of the people is called business.
Here, we find some keyword like
products, services, demand, supply, and demand-supply gap, profit realization
and finally maximize wealth, etc. any elements among them are the absent
business can not be possible to reach its final destination and success. Anyone
can design products and services according to people's demand-supply gap. Without
analyzing the demand-supply gap, it is not possible to create a consumer's attraction
and fulfill their demand and grow in the future once after another.
We find there are three different forms of business which are Sole proprietorship, partnership, and the corporate form of business.
Continue…………………………………………………………………………………………………………………………….
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