dictionary of business administration

Business can be defined in several ways, like some people can term it as what anyone does to earn a living is business, i.e. business is the one’s work or profession. Yet another group can state that business is the act of the buying and selling of commodities and services. Coming from the above definitions, business is an economic activity that is concerned with the producing, distributing and selling goods and services for the benefit of the buyer and the profit of the seller. The dictionary attempt to bring the myriad of terms used in the field of business under one head and thus provide the readers with a one stop solution for all the queries regarding the jargon used in the subject. The instructional strategy used in the dictionary is quite simple and consists of the use of simplified language for better comprehension and examples and pictures to help the readers retain their learning for a longer duration.