Firm
A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.
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Famous quotes containing the word firm:
“I have this hope in God that he will hear our prayers, given the firm faith we place in him: and that he will accomplish this wish of ours, seeing as it is a moderate one.”
—François Rabelais (1494–1553)
“Baltimore lay very near the immense protein factory of Chesapeake Bay, and out of the bay it ate divinely. I well recall the time when prime hard crabs of the channel species, blue in color, at least eight inches in length along the shell, and with snow-white meat almost as firm as soap, were hawked in Hollins Street of Summer mornings at ten cents a dozen.”
—H.L. (Henry Lewis)
“Our Constitution ... was not a perfect instrument, it is not perfect yet; but it provided a firm base upon which all manner of men of all races, colors and creeds could build our solid structure of democracy.”
—Franklin D. Roosevelt (1882–1945)