Business is a term describing the smooth running of a commercial, service or commercial activity involving the accumulation of capital, the mobilization of resources and the supervision of the production, distribution and delivery of the product or service to the end user. Management is a science that deals with the planning and execution of the said activity through the full and optimal utilization of resources, such as labor, capital, so that the organization makes profit. Both business and management are therefore closely related to each other and require periodic research into consumer behaviour, market fluctuations, changes in the national and international socio-political and economic scenario and their impact on the business, trade and on trade. Business management is concerned with the study of various strands of business models that are broadly designed to generate new insights into the social integration of companies around the world and the consequences of that integration on managerial and business processes, structures, and outcomes.