Business Definition According to the Experts
Business Definition According to the Experts
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| Business Definition According to the Experts |
In general definition of business cited by business experts tend to be the same, business is business activities are organized to produce goods or services to meet customer needs. And aims to make a profit, which is then used for business advantage.
The following business definition according to the experts:
1. Griffin and Ebert (1996)
"Business is all Reviews those activities Involved in
providing the goods and services needed or desired by the people". In this
sense as a business activity that provides goods or services required or
desired by the consumer. Can be done by corporate organizations that have a
legal entity, a company that has business entities, and individuals who do not
have the legal entity or entities.
2. Huat, T Chwee (1990)
Business in the broadest sense is a general term that
describes all the activities and institutions that produce goods and services
in everyday life. Business as a system that produces goods and services to
satisfy the needs of the community (business then simply a system that
produces goods and services to satisfy the needs of our society).
3. Allan Afuah (2004)
Business is the organized effort of individuals to produce
and sell for a provit, the goods and services that satisfy needs societies. The
general terms of business refer to all Reviews such Efforts within a society or
within an industry. That business is an individual business activities
organized to produce and sell goods and services in order to gain advantage in
meeting the needs of the community and in the industry. People who seek money
and time to take the risk in running a business called Entrepreneur.
4. Glos, Steade and Lowry (1996)
Business is a set of activities undertaken to create a way
to develop and transform various power cracked into goods or services that
consumers want.
5. Musselman and Jackson (1992)
An activity that meets the needs of society and the economy
and the company is organized to engage in these activities.
6. Hughes and Kapoor
Business is organized effort to produce and sell for in
profit, then the goods and services that businesses need public Excellent
general term referring to all these efforts in a community or industry. Meaning of Business is an individual business activities organized to produce
and sell goods and services in order to gain advantage in meeting the needs of
the community and in the industry. People who make money and time to take a
risk in running a business called Entrepreneurs.
7. Steinford (1979)
Business is all the activities involved in providing goods
and services that are needed or desired by people. In this sense as the
business activities that provide goods or services that are required or desired
by the consumer. Can be done by a company that has a legal entity
organizations, companies that have a business, and individuals who do not have
legal entities and companies such as street vendors, stores that do not have
permit- (AIS) and the Business Location Permit (License) and other informal
businesses.
8. Brown and Petrello (1976)
Business is an institution that produces goods and services
demanded by the people. This means that the business is an institution that
produces goods and services needed by the community. If the needs of the people
increased, the agency will also improve the business also developed to meet
these needs, while benefit.
9. Prof.L.R.Dicksee
That business is a form of activity that is primarily
intended for the benefit for those who seek or are interested in the occurrence
of the event.
10. Mc Naughton
business sense is the exchange of goods, money or services
for mutual advantage.
11. Prof. Owen
That the business is a corporation associated with the
production and distribution of goods for sale to the market or the price on
each service.
12. Urwick and hunt
that business is all companies that make, distribute, or
provide any goods or services required by other community members as well as
willing and able to purchase or pay for it.
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