A business entity is a corporation that uses economic resources or inputs to produce merchandise or services to customers in exchange for cash or different merchandise and services. Business organizations are available in differing types and totally different kinds of possession. 3 kinds of Business There square measure 3 major kinds of businesses: 1. Service Business A service style of business provides an intangible product (products with no physical form). Service kind corporations provide skilled skills, expertise, advice, and different similar product. Examples of service businesses are salons, repair outlets, schools, banks, accounting corporations, and law corporations. 2. mercantilism Business This type of business buys the product at wholesale worth and sells an equivalent at retail worth. they're called "buy and sell" businesses. they create profit by commerce the product at costs on top of their purchase prices. A mercantilism business sells a p...
Eduction of Business Topics Related
Comments
Post a Comment