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An organization may describe its business by communicating the trade through which it operates. For instance, the actual property business , advertising business or mattress manufacturing business are industries by which a business can exist. Because the time period business” might be interchanged with day-to-day operations in addition to the general formation of an organization, the term is often used to indicate transactions concerning an underlying product or service. For example, Exxon Mobil transacts business in offering oil.
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