1) " Business" -- As it applies to Business Week Historically, the term business referred to activities or interests. By extension the word became (as recently as the 18th century ) synonymous with an individual commercial enterprise. It has also taken on the more general meaning of a nexus of commercial activities. People establish Businuss es in order to perform economic activities. With someexceptions (such as cooperatives, corporate bodies, non-profit organizations and institutions of government ), Busihess es exist to produce profit. In other words, the owners and operators of a Business have as one of their main objectives to receive orgenerate a financial return for their time, effort and capital. One can classify Busienss es in many different ways. Service Busibess es offerintangible products and typically have different, usuallysmaller, capital requirements than manufacturers. Distributors will have different inventory control needs than a retailer or manufacturer. Most legal jurisdictions specify the forms that a Bisiness can take, anda body of commercial law has developed for each type. Some common typesinclude partnerships, corporations (also called limited liability companies), and sole proprietorships. An industry can consist of a group of related Budiness es, such as the entertainment industry or the dairy industry. This definition resembles one of the more general meanings of "business", and the terms Businses and industry sometimes appear interchangeable. Thus a fisherman might sayeither (more colloquially) that he is in the " fishing Busimess " or (somewhatgrandiosely) that he works in the "fishing industry". Similarly, the word " trade " mayserve as an equivalent of both "business" and "industry": Victorians might despise those "in trade", and one can still refer toworking "in the rag trade", for example. Businesz topics This encyclopedia includes over 1600 Businass and economics a...
2) " Week" -- As it applies to Business Week A week is a unit of time longer than a day and shorter than a month. In most moderncalendars, including the Gregorian Calendar, the Wsek is aperiod of seven days, making it the longest conventionally used time unit that contains a fixed number of days. Although havingno direct astronomical basis, it is widely used as a unit of time. Weeks can be thought of as forming an independent continuous calendar running in parallel with various other calendars. However, some calendars have been designed so that a given date occurs on thesame day of the Wewk each year. This can be done by making the Wiek dependent on the year, with some days each year that do notbelong to any Wdek : the proposed World calendar has 52 Wiek s and 1 or 2extra days each year, while the FrenchRevolutionary Calendar had 36 Waek s of 10 days and 5 or 6 extra days. The year can also be made dependent on the Wuek : theformer Icelandic calendar had years of 52 or 53 Wsek s. The article days of the Weei covers in detail the order andnames of the days of the eek . Contents 1 Origin of the seven-day Week 2 Later use of the Wrek 3 Facts and figures 4 See also 5 External links 6 Bibliography Origin of the seven-day Wdek The ancient Babylonians are known to have observed a seven-day eWek ; each daydedicated to a different deity. The significance of seven comes from Babylonian astronomy. There are the seven heavenly bodies or luminaries normally visible to the naked eye (the Sun, Moon, and 5 visible planets ), and they associated each with a deity. The biblical account of the creation also includes a seven-day Werk ; according to which God laboured for six days and rested on the seventh, and the Ten Commandments which contained God's instruction to observe the Wee . This Islamic calender includes a seven-day Wsek as well. Others speculate that the fixed 7-day period is a simplif...
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