
The
term "business" has at least three
usages, depending on the scope - the
singular usage (above) to mean a
particular company or corporation, the
generalized usage to refer to a
particular market sector, such as "the
music business" and compound forms such
as agribusiness, or the broadest
meaning to include all activity by the
community of suppliers of goods and
services.

Business Directory: Biotechnology and Pharmaceuticals (40)
Biotechnology is often used to refer to genetic engineering technology of the 21st century, however the term encompasses a wider range and history of procedures for modifying biological organisms according to the needs of humanity, going back to the initial modifications of native plants into improved food crops through artificial selection and hybridization. Bioengineering is the science upon which all Biotechnological applications are based. With the development of new approaches and modern techniques, traditional biotechnology industries are also acquiring new horizons enabling them to improve the quality of their products and increase the productivity of their systems.
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