Economy, Finance & ASX Market Information

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A company might describe its business by communicating the trade by which it operates. For instance, the real property business, advertising business, or mattress production business are industries in which a business can exist. Because the term business” can be interchanged with day-to-day operations as well as the overall formation of an organization, the term is commonly used to indicate transactions relating to an underlying services or products. For instance, Exxon Mobil transacts business by providing oil.

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