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Businesses Role
Term | Definition |
---|---|
Functions of business | carried out in order to permit or facilitate production of goods or services intended for the market/for third parties by the enterprise. |
Business Ethics | Business ethics is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. |
Corporate Social Responsibility | Business ethics is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. |
Sole Proprietor | a person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses. |
Corporation | operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. |
Partnership | the state of being a partner or partners. |
Shareholder | an owner of shares in a company. |
Management | the process of dealing with or controlling things or people. |