Unit-1 Nature of Business

Introductory unit for the preparatory course in Commerce.

Who is a businessman? 

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Learning Pundits Content Team

Written on Apr 17, 2019 2:01:03 PM

A person who is engaged in business is called a businessman or an entrepreneur. A businessman is someone involved in business, where in particular undertaking of activities, commercial or industrial, for the purpose of generating cash flow, sales, and revenue utilizing a combination of human, financial, intellectual and physical capital that further fuels economic development and growth.

Examples of some businessmen are:

•Mukesh Ambani: Chairman of Reliance Industries.

•Jeff Bezos: CEO of Amazon.

•Ratan Tata : Chairman of Tata Sons.