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.
Sea ice distribution and sea surface temperature (SST) in the North Atlantic have affected Europe's weather and climate by determining precipitation and wind patterns, and changes in temperature. Knowledge of these factors and how they will alter over the coming years is vital for society and the economy, which need accurate data for planning and decision making.