Fortune

Definition

In the context of business, fortune refers to a large amount of wealth or success achieved by an individual or organization, often associated with financial prosperity. It can result from strategic business decisions, market conditions, or innovations.

Related terms

Wealth: Accumulated resources and riches, often measured in terms of money, property, and investments.

Innovation:

The introduction of something new, such as an idea, method, or device that can lead to increased success and competitiveness in the market.

Strategic Planning:

The process of defining a company's direction and making decisions on allocating its resources to pursue this strategy, often leading to financial growth and prosperity