From when man first exchanged his food for a tool, the concept of business was born.The Oxford Engli...

1. Business - InfoBarrel
From when man first exchanged his food for a tool, the concept of business was born.
The Oxford English Dictionary defines business as "âEUR¢ noun 1 a person's regular occupation or
trade. 2 work to be done or matters to be attended to. 3 a person's concern. 4 commercial activity. 5
a commercial organization. 6 informal a difficult or problematic matter. 7 (the business) informal an
excellent person or thing. 8 actions other than dialogue in a play."
The business of trade is something in which the vast majority of us live our lives, to some it is a
career we climb or trap of work we cannot escape.
Business is the world as we know it, grown in degrees through the ages. It is the selling of an item
or an idea, a bond between more than one party, whether that be a villager bartering goats milk for
rice or a global bank agreeing to fund a country's debt.
Man's spirit of enterprize shows no bounds. During the industrial revolution we built bridges, roads
and railways of such magnitude that a generation before thought impossible. Now we are in the
virtual revolution, where business is measured in seconds and billions move around the world via
satellite and optical technology.
Business pushed our pioneers and explorers to new horizons, discovering new cultures, countries
and of course riches to be traded. Ultimately proving the world wasn't flat after all!
Like it or not, our desire to earn money has created the society we live in, from amazing medical
advances and cures, to increased food production and even the ability to fly.
An inventor's purest idea and genius is always monetized, an artist's masterpiece is traded and
collected, a musician's composition is recorded and sold.
In our society we can categorize business into the following:
Agriculture and Land - Using the land and its product to farm or extract raw materials
Manufacturing - Turning raw products into an item that can be sold
Retail and Distribution - Selling manufactured goods and food
Finance and Banking - Management of capital used for investment and other services
Transportation - Delivery and logistical planning of the delivery of goods
Real Estate / Property - Ownership of land and construction of buildings and infrastructure
Utilities - Public services and essential supplies such as Gas, Water and Electricity

2. Information Management - Profit from intellectual property which could be anything from software
development, a movie script, a weapons defense system and everything in between.
Business does indeed make the world go round. Business is our conscience and the nature of who we
are. It is our duty for the next generation to find the balance of our base desire to trade and improve
our lifestyle while at the same time protecting our environment and look after the resources that
remain.