meaning of business firm

business firm meaning in Business Dictionary

A commercial business that operates on a for-profit foundation and participates in offering products or services to consumers. The handling of a small business company will usually develop a set of business objectives and a technique for fulfilling those goals to assist staff members comprehend where in fact the business is headed and just how it intends to get there.

business firm meaning in General Dictionary

the members of a company organization that is the owner of or works one or more establishments

Sentence Examples with the word business firm

During a long and active life, he played many parts: professor of mathematics at the Elphinstone college (1854) founder of the Rast Goftar newspaper; partner in a Parsi business firm in London (1855); prime minister of Baroda (1874); member of the Bombay legislative council (1885); M.P. for Central Finsbury (1892-1895), being the first Indian to be elected to the House of Commons; three times president of the Indian National Congress.

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