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- any business that is operated by one or a few individuals. Employs < 100 people. Represent 99.7% of all employers. |
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- the process of recognizing an opportunity, testing it in the market, and gathering resources neessary to go into business.
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- finding a new product or service or improving and existing one. |
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- the possibility or gain or loss
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- people or business that purchase your product or service.
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- people have the right to make the economic choices. |
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The nature and degree of competition among businesses operating in the same industry. |
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- money given for charity purposes. |
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- various educational, medical and vocational training institutions to provide the less privileged with benefits which they normally cannot afford. |
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- Provides money for a specific purpose. Example an orphanage or a sports team. |
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- programs created to provide the less privileged with benefits which they normally cannot afford, like helping the blind, orphans, widow etc. |
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