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BUSINESS
Business is the process of creating and capturing value. All viable businesses are based on a business model that represents a method for creating value for customers and capturing this value as revenue in a competitive market. The following are the basic types of business. A business that allows amateurs to access a market that was once exclusively controlled by professionals.
TYPES OF BUSINESS
A business that allows amateurs to access a market that was once exclusively controlled by professionals. For example, a video sharing site that allows anyone to monetize videos. This may compete with professionally produced television shows, music videos and movies. A broad category of commerce that includes any sale of goods or services that use digital channels.