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What's a profit?
When you gain more than the amount you spent
What is Necessary to function?
what is Needs
What is things you want
what is Wants
What is Partnership?
when you pair up with someone
Who buys your products
what is Consumer
Going against someone or something else to see who can do better
What is competition
What is done for you
What is Services
A tangible item
what is goods
What is a Corporation
where people get together and act as a single entity
Where you control things or people
What is management
Activities of buying and selling of goods or selling a service
What is Marketing
Operation?
The condition of functioning or being active
Keeping financial accounts updated
What is accounting
Profit Motive
The reason why you want to gain money
Sole Proprietorship
A business that legally has no separation from its owner
An authorization given to a company to carry out a specific commercial activities
Charitable, for a good cause, no one gets paid
what is nonprofit organization
Multinational Corporation
Have businesses in home country and other countries
The study or use of technology for storing, retrieving and sending
what is information Technology
Organization that deals with hiring administration and training or personnel
what is Human Resources