According to the Encyclopaedia of Management, ‘business’ encompasses a wide range of economic activities. The Polish Language Dictionary further defines it as a commercial or production-oriented endeavour aimed at generating profit. The word’s etymology traces back to ‘busy,’ signifying ‘occupied’ or ‘active.’ Being ‘occupied’ or engaged as a businessperson implies involvement in the production of goods or the provision of services for commercial purposes, primarily with a profit motive.
Business is frequently linked to entrepreneurship, which integrates a variety of skills, talents, and energy with creativity, sound judgement, and effective planning.
However, is business exclusively about profit? Must a businessperson’s sole aim be the maximisation of the company’s wealth, thereby increasing their own? Is there space within business for values like honesty, charity, and social responsibility?
These and related issues are examined in the articles within this section.
According to the Encyclopaedia of Management, ‘business’ encompasses a wide range of economic activities. The Polish Language Dictionary further defines it as a commercial or production-oriented endeavour aimed at generating profit. The word’s etymology traces back to ‘busy,’ signifying ‘occupied’ or ‘active.’ Being ‘occupied’ or engaged as a businessperson implies involvement in the production of goods or the provision of services for commercial purposes, primarily with a profit motive.
Business is frequently linked to entrepreneurship, which integrates a variety of skills, talents, and energy with creativity, sound judgement, and effective planning.
However, is business exclusively about profit? Must a businessperson’s sole aim be the maximisation of the company’s wealth, thereby increasing their own? Is there space within business for values like honesty, charity, and social responsibility?
These and related issues are examined in the articles within this section.