Business

Saturday, January 5, 2008 | | |

In economics, a company (also known company or a company) is a legally recognized entity to provide goods and / or services to consumers or businesses and governments, charities and other businesses. Companies are predominant in capitalist economies, most of which are privately owned and trained to earn profit to increase the wealth of owners. The owners and operators of a company as one of their main objectives, the receipt or production of a financial return in exchange for work and acceptance of risk. Some notable exceptions cooperatives and state enterprises. Socialist systems of government or public or worker important property of most companies.

The etymology of "business" relates to the state to be occupied either by an individual or society as a whole, making it commercially viable and profitable. The term "business" has at least three purposes, according to the scope - the singular of use (above) to designate a company or society, the widespread use to refer to a particular sector of the market, such as "music industry" and composed forms as agro-industry, or the broadest sense to include all activities by the community of suppliers of goods and services. However, the exact definition of the company, like many other things in the company's philosophy is a subject of debate.

Business Studies, the study of managing people organize themselves to maintain productivity towards achieving collective creative including production goals (usually generate profits), is taught as an academic discipline in many schools.

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