Business news is any news about the economic and financial activities and changes that occur in societies. This type of journalism often covers the business sectors of various industries, such as retail, technology and healthcare. It may also focus on the global business environment and the impact of different policies on the economy. Business news is generally covered by newspapers, magazines and radio and television-news programs.
A business is an organization that produces and sells goods or services in exchange for payment. The word business is derived from the Latin term busi, meaning “to be busy,” which is an appropriate description for any activity that involves producing or trading goods and/or services. The primary goal of a business is to make a profit. However, a business does not need to turn a profit in order to be considered a business. In fact, some businesses do not seek a profit at all and instead invest all profits back into the company in an attempt to grow the business.
The responsibilities of the business owner are to set business goals and manage the resources required to reach those goals. In addition, business owners must ensure that the products and services they produce meet consumer demands and that they are competitively priced in the market. The most successful businesses are those that manage their resources and production operations effectively and efficiently, while delivering quality goods and services.
Skye Schooley is a staff writer at Business News Daily, where she writes articles that help small and medium-sized businesses better manage their human resources and foster a more diverse and inclusive workplace culture. With a background in B2C content marketing and data analysis, she uses her knowledge of what drives consumer behavior to inform her writing and deliver actionable insight to business owners.
As the senior UI/UX designer at Business News Daily, Kevin Hannon is responsible for branding and product interface ideation, design, iteration, and testing, as well as managing production efficiencies. With 20-plus years of design experience in a variety of sectors, including education, telehealth, finance, retail and communications, Kevin brings a unique perspective to how businesses can improve their products through the lens of user research and design thinking. He enjoys collaborating with colleagues to empower them with actionable data through self-service dashboards and analytics, and outside of work, spends time with his family and volunteers for the blind community.