1) Business is all the activities involved in marketing and producing services and goods. The organizations can involve activities such as business and called companies. Businesses goals are to seek customer satisfaction by planning, organizing, and controlling resources in order to produce services or market goods.
2) The two primary functions of business are production and marketing. Production is the process of growing, creating, improving goods or services, and manufacturing. Marketing is when services or goods are created,m manufactured, and grown. They must also be sold in the marketplace.
3) Four ways that business can be catergorized are by size, by profit, by market served, and by kind of product provided.
4) The significance of E-commerce is short for electronic commerce and is he buying and selling of goods through electronic networks. These networks are usually on the internet.
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