Business & Economy

In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate profit.

After amalgamation, the following mineral based Strategic Business Units & Profit Centres (SBU & PC) namely Rock Phosphate, Lignite, Gypsum and Limestone have been set up as a part of corporate restructuring :-

Strategic Business Unit and Profit Centre – Rock Phosphate at Udaipur.
Strategic Business Unit and Profit Centre – Gypsum at Bikaner
Strategic Business Unit and Profit Centre – Limestone at Jodhpur
Strategic Business Unit and Profit Centre – Lignite at Jaipur

The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work.

The term "business" has at least three usages, depending on the scope — the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community" -- the community of suppliers of goods and services.