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Classification of business



A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.

  Title Peculiarities
  Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals
  Financial businesses include banks and other companies that generate profit through investment and management of capital
  Information businesses generate profits primarily from the resale of intellectual property and include movie studios, publishers and packaged software companies
  Manufacture business producing products, from raw materials or component parts, which they then sell at a profit.
  Real estate businesses generate profit from the selling, renting, and development of properties comprising land, residential homes, and other kinds of buildings
  Retailers and distributors act as middle-men in getting goods produced by manufacturers to the intended consumer, generating a profit as a result of providing sales or distribution services. Most consumer-oriented stores and catalog companies are distributors or retailers.
  Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers. Organizations ranging from house decorators to consulting firms, restaurants, and even entertainers are types of service businesses.
  Transportation businesses deliver goods and individuals from location to location, generating a profit on the transportation costs
  Utilities produce public services such as electricity or sewage treatment, usually under a government charter.

After deciding to start a business (and the particular business to pursue), one of the important issues is the form of business entity that will serve as the vehicle in pursuing the business.





Дата публикования: 2015-06-12; Прочитано: 328 | Нарушение авторского права страницы | Мы поможем в написании вашей работы!



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