answersLogoWhite

0

What is business firm?

Updated: 4/28/2022
User Avatar

Wiki User

11y ago

Best Answer

The members of a business organization that owns or operates one or more establishments.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is business firm?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does every business firm have business strategies?

Not every business firm but lots of them have at least one business strategies.


What is inter firm comparison?

Inter-firm comparison is where you compare your particular firm or business to that of another business who are in a similar situation


What does business -to-business firms mean?

its a firm solely devoted to work on business to business relations and loans. like a bank firm


What are the factors influencing business policy of a firm?

The factors influencing the business policy of a firm are the items written into the mission statement for the firm. A mission statement is a guide for the firm listing their goals and the way they want to conduct business.


What is foreign business firm?

You would describe a business firm as foreign, if it is based in a different country than the one in which you live.


What is the difference between firm and industry?

An industry is a type of business in the economy while a firm is a unit or entity carrying a portion of the business in an economy.


What is the example of dominant-business firm?

example of a dominant business


Meaning of corporate firm?

A firm refers to a business establishment, such as a corporation. Firms are generally associated with business organizations that practice law.


What is the the abstract noun of firm?

"Firm" is the abstract noun. A firm is another name for a business company.


When a firm goes out of business it is called?

A firm may go out of business due to many reasons such as retiring, forced to sell by illness, or bankruptcy. But, usually when we hear that a "a firm goes out of business.." our thoughts would immediately think bankruptcy or failing.


Example of dominant-business firm?

A dominant business firm is close to a monopoly. It has no close competitors, and dominates more than half of the market that it is in.


The size and the importance of the finance function in a business firm depends primarily on what?

size of the firm