The act of making as much profit as possible for a business, a key assumption in economic theory.
A formal agreement between parties on the distribution of profit from a business venture.
Expansion of a company through the purchase of another business, including the outlined terms and governing rules.
The management of a company in financial distress by a court-appointed administrator, aimed at keeping the company operational or maximizing asset value.
An exploration of the term 'business' encompassing all forms of industrial and commercial profit-seeking activity, including its cycle, lobby, and broader economic significance.
Understanding competitive advantage and its significance in business and economics.
A federation of UK companies, primarily from the manufacturing sector, founded in 1965 that lobbies government and collects information from members on various economic policies and regulations.
A merger between firms operating in different sectors of the economy.
A group of companies or banks combining to run a project, often too large or risky for a single firm. Example: The Channel Tunnel.
An overview of the term 'director' in the context of economics and business
An overview of the term 'employer', its role and importance in economics.
An in-depth look at the term 'enterprise' and its significance in economics.
A person with overall responsibility for decision-taking in a business, who receives any profits, and bears any losses.
Exploring the economic application of new ideas, including product, process, and business organization innovations.
An economic term denoting a legal business arrangement where investors pool funds to undertake business activities.
Practical economic knowledge enabling firms to achieve results through technical know-how and organizational skills.
Exploration of the term 'limited company' within the context of economics, including its definition, historical context, and major analytical frameworks.
The result of a business operation where expenditures exceed receipts, leading to a reduction in a business's capital.
Comprehensive overview of Marketing, its processes, and impact on business.
A Firm Which Produces Multiple Types of Products
The part of a company's authorized capital that has actually been paid by shareholders.
Overview and economic implications of planned investment.
An excess of the receipts over the spending of a business during any period, including various financial transactions and asset valuations.
A term in a contract that restricts a person’s right to exercise a trade or carry on business.
The concept of being exposed to the consequences of uncertain future events in economic decision-making.
Financing a business without recourse to borrowing or share issues.
A contractual agreement for the provision of specified services.
A company that exists legally and possibly has non-trading assets but does not engage in active trading.
Definition and significance of Small and Medium Enterprises (SMEs) in economic contexts.
An in-depth overview of the concept of a sole proprietor in economics.
A term referring to any individual, group, or entity that has an interest or stake in a business or organization.
Understanding the concept of synergy in economics and its impacts on business mergers and acquisitions
A voluntary body representing the firms engaged in a particular type of business.
An economic term describing a business owner's responsibility for all the debts and financial obligations of their business without limit.
A professional who estimates the price of goods if sold, frequently engaged during the transfer of stock from one proprietor to another.
A merger between two firms where one is a major supplier of the other.
An overview of working capital in business finance, its components, and significance.
