Ethics

Is an enterprise or any lawful activity that provides products or services desired by customers for profit.

have one owner who makes all of the business decisions, and there is no distinction between the business and the owner.

ou can classify a business partnership as either general or

limited.

• Partnership

• Cooperative

pays its own taxes before distributing profits or dividends to shareholders. 

• Corporation
  

• Limited Liability

who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations

• Cooperative

• Partnership

Company- domestic corporation takes on its own liabilities and is held responsible for its debts,

• Limited Liability Company

• Cooperative

Product with no physical form

• Service Business

• Manufacturing

Offer Intangible goods and services and typically charge for labor or other services

Include banks and other companies that generate profits through investment and management of capital

 Deliver goods and individuals to their destination