Firm

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 come to have the firm conviction that vanity is the basis of everything, and finally that what one calls conscience is only inner vanity.
    Gustave Flaubert (1821–1880)

    Although a firm swat could bring a recalcitrant child swiftly into line, the changes were usually external, lasting only as long as the swatter remained in view....Permanent transformation had to be internal....The habits of self discipline, as laborious and frustrating as they were to achieve, offered the only real possibility of keeping children safe from their own excesses as well as the omnipresent dangers of society.
    Mary Kay Blakely (20th century)

    With wavering steps does fickle fortune stray,
    Nowhere she finds a firm and fixed abode;
    But now all smiles, and now again all frowns,
    She’s constant only in inconstancy.
    Ovid (Publius Ovidius Naso)