Corporation :)
Pullman Company
claim that the sole social responsibility of business is to increase its profits.
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
IF you are the rightful owner of the business you can take what you want from the business' profits as long as you follow all regulations and rules applied for the business. also the remaining profit must be able to pay any bills taxes employees etc...
a type of bike used during the discussion of profits.
In the 1800s, it was a business owned by stockholders who share in its profits but are not personally responsible for its debts.
Profits paid to stockholders are called dividends.
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
Stockholders
dividends
dividends
Dividends
Entrepreneur is a person who actually does the business. He/She is responsible for the profits or losses.
Preferred stockholders have a greater claim on the assets and profits of a company compared to common stockholders. If a company is liquidated, preferred stockholders have to be paid first before the common stockholders.
stockholders
stockholders
Dividends