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Those who participate in commercial, industrial, or professional activities are said to be conducting business. Organizing some form of economic production is what a business is meant to do (of goods or services). Businesses may be for-profit corporations or nonprofit groups working to further a social cause or carry out philanthropic work. Solitary proprietorships to big, global enterprises all have varying sizes and scopes of operation. Aside from the production and sale of goods and services for profit, business also refers to the efforts and endeavors made by individuals. In addition to sole proprietorships, corporations, and partnerships, limited liability firms are another type of business. While some businesses operate as modest operations in a particular industry, others are huge enterprises that span a variety of global industries.

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