Jun 18th, 2015
Studypool Tutor
Price: $10 USD

Tutor description

The services have unique characteristics which make them different from that of goods. The most common characteristics of services are: Intangibility. Inseparability. Perish ability. Variability. Intangibility- Services are activities performed by the provider, unlike physical products they cannot be seen, tasted, felt, heard or smelt before they are consumed.

Word Count: 2695
Showing Page: 1/8
A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services,or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them areprivately owned and administered to earn profit to increase the wealth of their owners. Businesses mayalso be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as acompany, although that term also has a more precise meaning.The etymology of "business" relates to the state of being busy either as an individual or society as awhole, doing commercially viable and profitable work. The term "business" has at least three usages,depending on the scope the singular usage to mean a particular organization; the generalized usageto refer to a particular market sector, "the music business" and compound forms such as agribusiness;and the broadest meaning, which encompasses all activity by the community of suppliers of goods andservices. However, the exact definition of business, like much else in the philosophy of business, is amatter of debate and complexity of meanings.Contents [hide]1 Basic forms of ownership2 Classifications3 Management3.1 Reforming state enterprises4 Organization and government regulation4.1 Commercial law4.2 Capital4.3 Intellectual property5 See also6 Notes and references7 External links[edit]Basic forms of ownershipSee also: Types of business entityAlthough forms of business ownership vary b

Review from student

Studypool Student
" Awesome! Exactly what I wanted. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors