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Business is the activity of making one’s residing or earning profits by producing or buying and promoting merchandise ( items and providers ). 1 2 three 4 Simply put, it’s “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal group, but it may vary from a street peddler to General Motors.” 5 The time period can be often used colloquially (but not by lawyers or public officials) to seek advice from an organization , but this text is not going to deal with that sense of the phrase.
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