Question

What is the meaning of the condition or position of a business?

Answer 1

Business Conditions

The general state of an economy as it affects individual businesses. Examples of business condition indicators include profits, revenues and productivity.Business Condition means the current business, financial condition, results of operations and assets of a corporate entity

Business Condition of any Person shall mean the condition (financial or other), earnings, results of operations, business, properties or prospects of such Person.

Business position

Business position means a position in any business entity in which the elected official is a director, officer, partner, trustee, employee, or holds any position of management

Example :The following business roles include executive-level positions: Chief Executive Officer (CEO) Chief Operating Officer (COO) Chief Financial Officer (CFO) or Controller.

And also ,

In marketing and business strategy, market position refers to the consumer's perception of a brand or product in relation to competing brands or products. Market positioning refers to the process of establishing the image or identity of a brand or product so that consumers perceive it in a certain way.