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Definition
| general term for all the activities involved in the development and exchange of products |
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Definition
| legal entity established for the purpose of doing business |
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| economic goods and services |
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Definition
| the products that you buy to satisfy economic needs |
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Definition
| needs and wants that you can satisfy by buying something |
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Definition
| trade something of value for something you want |
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Definition
| function of business, includes all activities involving money |
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Definition
| all the activities required to plan, coordinate, and monitor a business |
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Definition
| consistent item that people accept in exchange for goods or work |
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Definition
| something that is necessary for survival |
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Definition
| legal entity, like a for-profit corporation; instead of profit, main goal is to achieve something to benefit society |
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Definition
| business owned by a small number of people, usually two or three |
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Definition
| any activity related to making a product (good, service or idea) |
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Definition
| the money that a business has left after all the expenses and costs of running the business are paid |
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Definition
| business owned by one person |
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Definition
| notion that a sum of money has greater potential worth in the future than it does today |
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Definition
| how much something is worth |
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Definition
| something you desire but could function without |
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