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Notable exceptions to this rule include cooperative businesses and government institutions. This model of business functioning is opposed by socialists, who advocate either government, public, or worker ownership of most sizable businesses; and to a lesser extent by individuals advocating for a mixed economy of private and state-owned enterprises.
The etymology of "business" refers to the state of being busy in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope ? the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community"?the community of suppliers of goods and services...
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Common topics in this essay:
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