DEFINITION:buying and selling of goods and services or transmitting of funds and data online
EXAMPLES
AMAZON
KIJIJI
FASHIONOVA
DEFINITON: service businesses are those that provide an activity or the performance of a task with a commercial purpose.
EXAMPLES
BEAUTY SALONS
TRANSPORTATION (UBER)
TRAVEL AGENTS
DEFINITION: A merchandising business will generally buy their products from a wide range of companies domestically and internationally and market their products in stores
EXAMPLES
WALMART
SPORTCHEK
URBAN OUTFITTERS
DEFINITION: a tax exempt organization formed by charitable, religious, literary, educational purposes etc
Where shareholders do not benefits financially
EXAMPLES
SALVATION ARMY
HABITAT FOR HUMANITY
RED CROSS
DEFINITION:Any business that use, raw, components or parts to make a finished good
EXAMPLES
BAKERIES
TOYOTA
APPLE INC
DEFINITION:
A business that includes two or more individuals that share management and profits
Examples
Red bull & GoPro
kanye and Adidas
Spotify & Uber
DEFINITION: A business that legally has no separate existence from its owner.
Example
Housekeepers
Fitness Instructor
Tutor
DEFINITION: A business that declares a separate and a legal entity guided by a group of officers also known as the board of directors
Example
Microsoft Corporation
Macy’s
DEFINITION: A franchise is a business owned by an entrepreneur or an entrepreneurial group which they offer products or services labeled by a corporation that provides assistance to the business
Example
McDonald’s
Subway
UPS
DEFINITION: A private business organization that is owned and controlled by people who use its products, supplies, or services
Example
Agricultural cooperatives
electric cooperatives
housing cooperatives