{"id":158,"date":"2015-04-20T19:00:24","date_gmt":"2015-04-20T19:00:24","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&p=158"},"modified":"2015-07-11T22:58:14","modified_gmt":"2015-07-11T22:58:14","slug":"what-is-business","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/chapter\/what-is-business\/","title":{"raw":"Outcome: What Is Business?","rendered":"Outcome: What Is Business?"},"content":{"raw":"

What you\u2019ll learn to do:\u00a0define the concept of business<\/h2>\r\nWhat do you<\/em> think of when you hear the word business<\/em>? Hold that thought as you watch the following video. Then see if your initial idea\u00a0of business has changed.\r\n\r\nhttps:\/\/www.youtube.com\/watch?v=WiO7oqsA4kE\r\n\r\nBusiness can refer to a particular organization such as WalMart or to an entire market sector\u2014for example, \"the music business.\" Compound forms such as agribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services in the agricultural industry. \u00a0Business can also refer to an individual who earns his or her income by working from home selling items through an online auction site like eBay. \u00a0The concept of business has enough definitions and applications that we could almost say that everything is business. Throughout this course we will explore the various functions, roles, and characteristics of business while keeping in mind that business is like the air we breathe\u2014everywhere!\r\n

LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n