All business ultimately are a classification of one or both of two categories. These are industry and commerce. Industry relates to the creation of goods and services. Commerce relates to the act of trading goods and services.
Activities
3 Basic Types of Business Activities
Business Activities is any activity related to the purpose of making a profit. It is often divided into operating activities, investing activities and financing activities. Of these! The operating activities tend to be considered the most important as they have the most direct impact on a company’s performance.
7 Basic Business Activities of a Startup Business
Rightly supervising these 7 basic business activities should be a focus of any startup business to run efficiently. As a result, these basic activates of the business are essential part in the productivity as well as growth of the company.