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Business [2]

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China's plan to constitutionally guarantee the right to hold private property for the first time since the 1949 communist revolution is a step closer to taking effect after parliamentary leaders approved the measure, state media reports Monday.
http://cnn.com/2003/BUSINESS/12/29/china.property.ap/index.html

http://cnn.com/2003/BUSINESS/12/29/china.property.ap/index.html

With China's economy expanding rapidly and a recovery simmering in other countries, demand for oil will increase faster than expected this year and in 2004, the International Energy Agency says.
http://cnn.com/2003/BUSINESS/12/10/worldoil.ap/index.html

http://cnn.com/2003/BUSINESS/12/10/worldoil.ap/index.html

China and the United States have agreed to hold talks on the vexed question of China's currency value next month following Tuesday's meeting between Premier Wen Jiabao and U.S. President George W. Bush in Washington.
http://cnn.com/2003/BUSINESS/12/09/china.us.wentrade.biz/index.html

http://cnn.com/2003/BUSINESS/12/09/china.us.wentrade.biz/index.html

China's top steel makers, including Baosteel, have welcomed the U.S. decision to scrap controversial tariffs on steel imports, saying it could prop up their bottom lines.
http://cnn.com/2003/BUSINESS/12/04/china.steel.reut/index.html

http://cnn.com/2003/BUSINESS/12/04/china.steel.reut/index.html

The central People's Bank of China is to widen the floating range for lending rates in its latest move towards a market-orientated interest rate regime, the state-run Xinhua news agency reports.
http://cnn.com/2003/BUSINESS/12/12/china.rates/index.html

http://cnn.com/2003/BUSINESS/12/12/china.rates/index.html

Canadian Imperial Bank of Commerce will pay $80 million to settle charges it helped Enron Corp. in the fallen energy trader's massive accounting fraud, U.S. regulators say.
http://cnn.com/2003/BUSINESS/12/22/cibc.enron.reut/index.html

http://cnn.com/2003/BUSINESS/12/22/cibc.enron.reut/index.html

Colgate-Palmolive Co. says it has agreed to buy privately held Swiss toothpaste maker GABA Holding AG for up to $830 million, expanding its reach in Europe in a rare acquisition for the world's leading toothpaste seller.
http://cnn.com/2003/BUSINESS/12/18/swiss.colgate.reut/index.html

http://cnn.com/2003/BUSINESS/12/18/swiss.colgate.reut/index.html

Corporate Japan regained confidence in the October-December quarter amid robust exports and profits, a government survey shows.
http://cnn.com/2003/BUSINESS/12/03/japan.economy.reut/index.html

http://cnn.com/2003/BUSINESS/12/03/japan.economy.reut/index.html

In the first waves of response to the U.S. mad cow scare, Singapore, Malaysia and Taiwan have joined major buyers Japan and South Korea in immediately banning all U.S. beef imports.
http://cnn.com/2003/BUSINESS/12/23/japan.madcow.reax/index.html

http://cnn.com/2003/BUSINESS/12/23/japan.madcow.reax/index.html

Australian blood products group CSL Ltd. is to buy the plasma therapeutics business of France-based Aventis for up to $925 million.
http://cnn.com/2003/BUSINESS/12/08/australia.csl.biz/index.html

http://cnn.com/2003/BUSINESS/12/08/australia.csl.biz/index.html

A high-profile trial over one of the biggest deals in automotive history opens in a U.S. court on Monday with billionaire Kirk Kerkorian claiming top DaimlerChrysler executives lied about the nature of the 1998 transaction.
http://cnn.com/2003/BUSINESS/12/01/daimler.reut/index.html

http://cnn.com/2003/BUSINESS/12/01/daimler.reut/index.html

Billionaire investor Kirk Kerkorian told a U.S. court that the 1998 creation of DaimlerChrysler, one of the biggest deals in automotive history, was based on deception and fraudulence.
http://cnn.com/2003/BUSINESS/12/03/daimlerchrysler.trial.reut/index.html

http://cnn.com/2003/BUSINESS/12/03/daimlerchrysler.trial.reut/index.html

The world's largest personal computer maker, Dell Inc., expects large companies to resume spending on information technology in 2004, Chief Executive Michael Dell is quoted as saying.
http://cnn.com/2003/BUSINESS/12/29/germany.dell.reut/index.html

http://cnn.com/2003/BUSINESS/12/29/germany.dell.reut/index.html

The board of directors of the Walt Disney Company are preparing to meet under intense scrutiny amid a public row between chairman and CEO Michael Eisner and Roy Disney, son of the company's co-founder.
http://cnn.com/2003/BUSINESS/12/02/us.disney/index.html

http://cnn.com/2003/BUSINESS/12/02/us.disney/index.html

The dollar fell to a record low against the euro on Tuesday as its euphoria over the weekend capture of former Iraqi leader Saddam Hussein gave way to concerns about the widening U.S. current account deficit.
http://cnn.com/2003/BUSINESS/12/16/dollar.euro.reut/index.html

http://cnn.com/2003/BUSINESS/12/16/dollar.euro.reut/index.html

The dollar held near recent record lows versus the euro on Thursday on a growing view the European Central Bank may tolerate further gains in the single currency, with investors awaiting key German sentiment data.
http://cnn.com/2003/BUSINESS/12/18/dollar.euro.reut/index.html

http://cnn.com/2003/BUSINESS/12/18/dollar.euro.reut/index.html

European shares closed in negative territory on Tuesday, unable to sustain an early rise to new 2003 highs as weakness in British banks such as Barclays and a further fall in the dollar tempered the market's enthusiasm.
http://cnn.com/2003/BUSINESS/12/02/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/02/markets.europe.reut/index.html

The dollar hit a record low against the euro for a fourth consecutive trading day on Wednesday as investors warmed to the view that a recovering U.S. economy would do little to alleviate the U.S. current account deficit.
http://cnn.com/2003/BUSINESS/12/03/euro.dollar/index.html

http://cnn.com/2003/BUSINESS/12/03/euro.dollar/index.html

European shares ended a choppy session near breakeven on Thursday as weakness in the dollar unnerved investors, preventing benchmark indexes from reaching 2003 highs despite a rally by carmaker DaimlerChrysler.
http://cnn.com/2003/BUSINESS/12/04/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/04/markets.europe.reut/index.html

The dollar held near record lows against the euro on Wednesday after the previous session's subdued inflation data from the United States encouraged the view that U.S. interest rates would remain low for some time.
http://cnn.com/2003/BUSINESS/12/17/dollar.euro.reut/index.html

http://cnn.com/2003/BUSINESS/12/17/dollar.euro.reut/index.html

The dollar fell to three-year lows against the yen and was mired near record lows against the euro Monday as last week's weaker-than-expected U.S. jobs data added fuel to the currency's broad-based downtrend.
http://cnn.com/2003/BUSINESS/12/07/dollar.yen.reut/index.html

http://cnn.com/2003/BUSINESS/12/07/dollar.yen.reut/index.html

The dollar stumbled to the latest in a series of record lows against the euro on Monday as a heightened security alert in the United States gave the greenback another knock in a thin, pre-Christmas market.
http://cnn.com/2003/BUSINESS/12/22/dollar.euro.reut/index.html

http://cnn.com/2003/BUSINESS/12/22/dollar.euro.reut/index.html

The European Central Bank kept euro zone interest rates unchanged on Thursday as widely anticipated by financial markets, with a slow recovery in the 12-nation region posing little threat to inflation.
http://cnn.com/2003/BUSINESS/12/04/ecb.reut/index.html

http://cnn.com/2003/BUSINESS/12/04/ecb.reut/index.html

New concerns over the strength of the economy and the sliding dollar hit European cyclical and technology shares on Monday, but expectations that the U.S. central bank will take no action on interest rates helped stocks close above their session lows.
http://cnn.com/2003/BUSINESS/12/08/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/08/markets.europe.reut/index.html

European Union heads of state and governments endorsed on Friday a multi-billion euro plan to encourage public and private investment into transport and research projects in a bid to revitalize the bloc's economy.
http://cnn.com/2003/BUSINESS/12/12/eu.investment.reut/index.html

http://cnn.com/2003/BUSINESS/12/12/eu.investment.reut/index.html

The European Union and other trade powers are considering whether to hit at U.S. imports in a move that could cause further strains within the global trading system, diplomats said on Friday.
http://cnn.com/2003/BUSINESS/12/27/eu.trade.reut/index.html

http://cnn.com/2003/BUSINESS/12/27/eu.trade.reut/index.html

The euro hit a lifetime high against the dollar on Monday, its second record in as many sessions, helped by yen selling and a generally bearish sentiment towards the dollar.
http://cnn.com/2003/BUSINESS/12/01/euro.dollar/index.html

http://cnn.com/2003/BUSINESS/12/01/euro.dollar/index.html

The euro surged to a record high around $1.2089 on Tuesday according to Reuters data, with traders citing persistently negative sentiment on the dollar for the decline.
http://cnn.com/2003/BUSINESS/12/02/euro.dollar/index.html

http://cnn.com/2003/BUSINESS/12/02/euro.dollar/index.html

European shares ended the last full trading day before Christmas within a thread of year highs as a debt deal buoyed French chemicals firm Rhodia and in-line U.S. data added to signs of economic improvements.
http://cnn.com/2003/BUSINESS/12/23/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/23/europe.markets.reut/index.html

European blue-chip shares ended lower on Friday after a drop in consumer confidence raised doubts about the health of the U.S. economy and Spanish retailer Inditex reported weak results.
http://cnn.com/2003/BUSINESS/12/12/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/12/markets.europe.reut/index.html

European blue-chips surged to a new year high on Monday, led by chemicals and miners, after a survey of U.S. manufacturers bolstered expectations that job growth would boost consumer demand and economic growth.
http://cnn.com/2003/BUSINESS/12/01/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/01/markets.europe.reut/index.html

European blue-chips closed down Tuesday, with technology firms led by Cap Gemini carrying the burden of investor worries about the damage to European economic and company growth from the weak dollar.
http://cnn.com/2003/BUSINESS/12/16/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/16/markets.europe.reut/index.html

Danish drugmaker Novo Nordisk helped European stock markets end the week at 15-month highs, but the feisty euro and accounting woes at giant food group Parmalat kept market gains limited.
http://cnn.com/2003/BUSINESS/12/19/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/19/markets.europe.reut/index.html

European shares defied a feisty euro and an unfolding scandal at Italian food group Parmalat to close at their best level in 16 months as investors bet the economy and profits will improve next year.
http://cnn.com/2003/BUSINESS/12/29/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/29/europe.markets.reut/index.html

European shares skidded on Friday, winded by unexpectedly weak U.S. jobs numbers and poorly received sales guidance from chip leader Intel, but markets still closed up on the week after touching fresh 2003 highs.
http://cnn.com/2003/BUSINESS/12/05/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/05/markets.europe.reut/index.html

European blue-chips ended at a fresh 15-month high in thin Christmas Eve trade on Wednesday, led by gains in tech companies and other sectors highly geared to the economic cycle.
http://cnn.com/2003/BUSINESS/12/24/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/24/europe.markets.reut/index.html

European blue chips crested 2003 highs then trimmed gains on Tuesday as hopes for higher corporate profits in 2004 were curbed when U.S. economic data fell short of high expectations.
http://cnn.com/2003/BUSINESS/12/30/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/30/europe.markets.reut/index.html

European stocks ended down on Monday, squeezed by Italian banks with exposure to crisis-hit Parmalat and British retailers after reports of slow sales in the run up to Christmas.
http://cnn.com/2003/BUSINESS/12/22/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/22/europe.markets.reut/index.html

Oil and financial shares helped European equity markets end Thursday a hair below 2003 highs, as fresh signs that an economic recovery is on track offset concern over the impact of a weakening dollar on export revenues.
http://cnn.com/2003/BUSINESS/12/17/markets.europe.reut/index.html

http://cnn.com/2003/BUSINESS/12/17/markets.europe.reut/index.html

European shares rose for a fifth straight session on Monday, clocking up fresh 2003 highs as economy sensitive sectors such as steel and chemicals shrugged off fears that a record-high euro may scupper recovery.
http://cnn.com/2003/BUSINESS/12/29/europe.markets1240.reut/index.html

http://cnn.com/2003/BUSINESS/12/29/europe.markets1240.reut/index.html

European shares rose for a seventh straight session on Wednesday, crowning their first year of gains since 1999 as investors bet on economic recovery to keep stocks on an upward track in 2004.
http://cnn.com/2003/BUSINESS/12/31/europe.markets.reut/index.html

http://cnn.com/2003/BUSINESS/12/31/europe.markets.reut/index.html

U.S. prosecutors have unsealed criminal indictments against two former chairmen of French bank Credit Lyonnais and four others for alleged fraud in the takeover of a failed California insurer over a decade ago.
http://cnn.com/2003/BUSINESS/12/18/france.creditlyon.reut/index.html

http://cnn.com/2003/BUSINESS/12/18/france.creditlyon.reut/index.html

Most Asian stock markets closed higher Friday as solid Japanese business confidence and Wall Street's best close in nearly 19 months spurred buying of exporters such as Japan's Sony.
http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.reut/index.html

http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.reut/index.html

Tokyo stocks closed higher Friday as investors snapped up select technology and exporter blue chips.
http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.ap/index.html

http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.ap/index.html

South Korea's top carmaker, Hyundai Motor, has reported an 11.5 percent rise in November sales, as robust exports to the key U.S. and European markets more than offset stumbling sales at home.
http://cnn.com/2003/BUSINESS/12/01/korea.hyundai.reut/index.html

http://cnn.com/2003/BUSINESS/12/01/korea.hyundai.reut/index.html

Federal Reserve policy-makers have upgraded their assessment of the U.S. economy while keeping their key interest rate at a 41-year low of 1 percent.
http://cnn.com/2003/BUSINESS/12/09/us.fedrate/index.html

http://cnn.com/2003/BUSINESS/12/09/us.fedrate/index.html

China consumer prices rose at their fastest pace in six years during the 12 months through November, government figures show.
http://cnn.com/2003/BUSINESS/12/11/china.cpi.reut/index.html

http://cnn.com/2003/BUSINESS/12/11/china.cpi.reut/index.html

Regulators have scored another victory in Australia's biggest corporate collapse after a former executive with insurance company HIH pleaded guilty Tuesday to two counts of criminal misconduct.
http://cnn.com/2003/BUSINESS/12/16/australia.hih/index.html

http://cnn.com/2003/BUSINESS/12/16/australia.hih/index.html

Australian beer and wine-making giant Foster's Group says its 2003 California grape harvest is up 6 percent over the previous year.
http://cnn.com/2003/BUSINESS/12/22/australia.fosters.biz/index.html

http://cnn.com/2003/BUSINESS/12/22/australia.fosters.biz/index.html

French consumer spending plunged 2.8 percent in November as households worried by unemployment cut back spending on retail goods even in the run-up to Christmas, official figures showed on Tuesday.
http://cnn.com/2003/BUSINESS/12/23/france.consumers.reut/index.html

http://cnn.com/2003/BUSINESS/12/23/france.consumers.reut/index.html

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Wikipedia-Article "Business [2]"

Business refers to at least three closely related commercial topics. The first is a commercial, professional or industrial organization or enterprise, generally referred to as "a business." The second is commercial, professional, and industrial activity generally, as in "business continues to evolve as markets change." Finally, business can be used to refer to a particular area of economic activity, such as the "record business" or the "computer business" (see Industry). This article is concerned primarily with the first definition of individual businesses, but also contains links to general business and management topics, in the sense of the second definition.

Individual businesses are established in order to perform economic activities. With some exceptions (such as cooperatives, non-profit organizations and generally, institutions of government), businesses exist to produce profit. In other words, the owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for expending time, effort and capital.

Contents

Types of Businesses

There are many types of businesses, and, as a result, businesses can be classified in many ways. One of the most common focuses on the primary profit-generating activities of a business, for example:

  • Manufacturers produce products, from raw materials or component parts, which they then sell at a profit. Companies that make physical goods, such as cars or pipes, are considered manufacturers.
  • Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to other businesses or consumers. Organizations ranging from house painters to consulting firms to restaurants are types of service businesses.
  • Retailers and Distributors act as middle-men in getting goods produced by manufacturers to the intended consumer, generating a profit as a result of providing sales or distribution services. Most consumer-oriented stores and catalogue companies are distributors or retailers.
  • Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals.
  • Financial businesses include banks and other companies that generate profit through investment and management of capital.
  • Information businesses generate profits primarily from the resale of intellectual property and include movie studios, publishers and packaged software companies.
  • Utilities produce public services, such as heat, electricity, or sewage treatment, and are usually government chartered.
  • Real estate businesses generate profit from the selling, renting, and development of properties, homes, and buildings.
  • Transportation businesses deliver goods and individuals from location to location, generating a profit on the transportation costs.

There are many other divisions and subdivisions of businesses. The authoritative list of business types for North America (although it is widely used around the world) is generally considered to be the NAICS, or North American Industry Classification System. The equivalent European Union list is the NACE.

Business departments

Within businesses one can often find similar departments, named (and not limited to):

  • Administration
  • Finance & controlling
  • Human ressources
  • Management
  • Marketing & sales
  • Production/service
  • Purchasing

Business and Government

Most legal jurisdictions specify the forms that a business can take, and a body of commercial law has developed for each type. Some common types include partnerships, corporations (also called limited liability companies), and sole proprietorships.

Business and Management

The study of the efficient and effective operation of a business is called management. The main branches of management are financial management, marketing management, human resource management, strategic management, production management, service management, information technology management, and business intelligence.

See also

Portal Business and Economics Portal

This encyclopedia includes over 1600 business and economics articles, so not all appear listed here. This lists some of the main branches of business. For more specific topics, look at the various sublists.

Wikibooks
Wikibooks Wikiversity has more about this subject:


External links

This article is based on the article "Business [2]" from Wikipedia - the free encyclopedia created and edited by online user community. This article is distributed under the terms of GNU Free Documentation License. Here you find the list of authors of this article. The article can only edited within Wikipedia. Edit this article in Wikipedia.