Adfasdf

In: Business and Management

Submitted By cagada
Words 1111
Pages 5
A business (also known as enterprise or firm) is an organization designed to provide goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, in which most of them are privately owned and formed to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.
The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage to mean a particular organization; the generalized usage to refer to a particular market sector, "the music business" and compound forms such as agribusiness; and the broadest meaning, which encompasses all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of debate and complexity of meanings. Contents[hide] * 1 Basic forms of ownership * 2 Classifications * 3 Management * 3.1 Reforming State Enterprises * 4 Organization and government regulation * 4.1 Commercial law * 4.2 Capital * 4.3 Intellectual property * 5 See also * 6 Notes and references * 7 External links |
Basic forms of ownership
See also: Types of business entity
Although forms of business ownership vary by jurisdiction, there are several common forms: * Sole proprietorship: A sole proprietorship is a for-profit business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has unlimited liability for the debts incurred by the business. * Partnership: A partnership is a for-profit business…...

Similar Documents

Adfasdf

...Take home assignment 1. WK: 06/02/2014 2. Title: Stress management壓力承受 (Key word: Stress Mgt) 3. Role: if you were assigned as an HRM manager of X company, please come up with ten (10) tips to foster your employees with better competency, attitude and behavior in this assignment. Those reinforcements are very important and will make your business more competitive and profitable in return. items | Tips or recommendations | 1 | Encouraging more of organizational communication with the employees so that there is no role ambiguity/conflict. | 2 | Encourage a healthy lifestyle. Take a regular sleep, have plenty of water, have healthy eating habits. | 3 | Support employees' efforts. Workers are better able to cope with heavy workloads if management is sympathetic, understanding and encouraging. | 4 | Recognize and reward employees for their accomplishments and contributions. Ignoring employees' accomplishments can lower morale and provoke talented and experienced employees to seek work elsewhere. | 5 | Talk openly with employees. Giving employees opportunities to air their concerns to management also is important. | 6 | Give employees adequate control over how they do their work. Workers are more productive and able to deal with stress better if they have some control over and flexibility in how they perform their work. | 7 | Reduce the amount of red tape for employees. Employers can lower burnout rates if they ensure that employees' time isn't wasted on......

Words: 382 - Pages: 2