Description

A business, also known as anenterprise,company or a firm is an organizational entity involvedin theprovision of goods and services to consumers.[1] Businessesareprevalent in capitalist economies, where most of them areprivatelyowned and provide goods and services to customers inexchange forother goods, services, or money. Businesses may also besocialnon-profit enterprises or state-owned public enterprisestargetedfor specific social and economic objectives. A businessowned bymultiple individuals may be formed as an incorporatedcompany orjointly organised as a partnership. Countries havedifferent lawsthat may ascribe different rights to the variousbusinessentities.