What term describes a place where business affairs are managed?

The term that describes a place where business affairs are managed is "office." An office serves as a dedicated space for employees to perform their work tasks, conduct meetings, and manage business operations. It typically includes components such as desks, meeting rooms, and areas for collaboration, where organizational activities take place.

In a business context, the office is essential as it provides the infrastructure needed for communication, strategic planning, and the execution of company objectives. While other terms like "hub," "agency," and "facility" may relate to business functions, they do not specifically denote the primary location where daily administrative and operational tasks are carried out. A hub may imply a central point for coordination, an agency often refers to a business that provides a particular service, and a facility is usually a larger term that could encompass various types of buildings or services.