# Business, enterprise, firm, company

- Canonical URL: https://www.gerhardmerk.de/business-enterprise-firm-company
- Post ID: 594829
- Modified: 2023-07-25T20:58:49+00:00
- Language: en

## Definition

An establishment - as an entity in which factors of production are constantly combined for the purpose of producing marketable goods and/or services (marketable goods) in accordance with economic rationality - in the market economy system; a company that operates under the ownership or control of a single organization. In other words: a company in the market economy - may be a business, service, or membership organization; - which consists of one or several establishments; - operates at one or several locations; - includes all subsidiary organizations as well as - all establishments that are majority-owned by the company or any subsidiary, and - all the establishments that can be directed or managed by the company or any subsidiary). The aim of an enterprise is to make a profit by using the factors of production and producing goods on a permanent basis. - See Money House, Institute. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1