What are business elements?

Business elements, the parts of the business, are associated with the aspects of the business organization in the business model construct. The elements, though organized by aspect, do not constitute an aspect. An aspect is a perspective by which to view the business organization as defined above.

What does business mean?

The term business also refers to the efforts and activities undertaken by individuals to produce and sell goods and services for profit. A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations.

Why do we ask a question about a business aspect?

When inquiring on an aspect, attention is drawn to elements, or the need to define the elements, relevant to the inquiry. When observing the business, each part begs the question as too what element it is, or is part of, and what the view of that element is from various aspects.