Changes happening in the world’s economy require modern managerial competences. Enterprises continue to expand, establish concerns and holdings operating in many countries, so they need managers who are familiar with international projects. Such work involves developed language competences, knowledge about both enterprises and the world’s economy functioning in various aspects.
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.