BUSINESS
An enterprising entity or organization that carries out professional activities.
The production and/or sale of goods and/or services to satisfy the wants,
needs, and demands of consumers, with the purpose of making a profit.
They can be commercial, industrial, or others.
—> For-profit business entities do business to earn a profit
Business
—> Non-profit ones do it for a charitable mission
Businesses come in many shapes and sizes, such as local, national, and/or
global. They are classified by their size, structure, and the role they play in
the community.
Characteristics of Businesses
1. Profit or Non-profit?
2. Large or Small
3. Forms of Business Ownership
4. Goods or Services
5. Channels of Distribution
6. Role in the Community
7. Jobs
Profit or Non-profit?
For-Profit Business
A for-profit business produces or sell goods and services to
satisfy the needs, wants, and demands of consumers for the
purpose of a making profit.
An enterprising entity or organization that carries out professional activities.
The production and/or sale of goods and/or services to satisfy the wants,
needs, and demands of consumers, with the purpose of making a profit.
They can be commercial, industrial, or others.
—> For-profit business entities do business to earn a profit
Business
—> Non-profit ones do it for a charitable mission
Businesses come in many shapes and sizes, such as local, national, and/or
global. They are classified by their size, structure, and the role they play in
the community.
Characteristics of Businesses
1. Profit or Non-profit?
2. Large or Small
3. Forms of Business Ownership
4. Goods or Services
5. Channels of Distribution
6. Role in the Community
7. Jobs
Profit or Non-profit?
For-Profit Business
A for-profit business produces or sell goods and services to
satisfy the needs, wants, and demands of consumers for the
purpose of a making profit.
