The need to regulate trade and commerce and resolve business disputes helped form the creation of legislation and courts. The Code of Hammurabi dates again to about 1772 BC for example and accommodates provisions that relate, among different matters, to delivery costs and dealings between retailers and brokers. The word “company” derives from the Latin corpus, which means physique, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities. Real estate businesses promote, make investments, assemble and develop properties, together with land, residential houses, and different buildings. Transportation businesses corresponding to railways, airlines, and delivery corporations ship goods and individuals to their locations for a fee.
- Business may additionally be used as an adjective to describe anything associated to the workings of a occupation or exchange of money, as in The enterprise office is closed on weekends, but the retailer is usually open.
- The chief in information