Source: Image of profit line, loss line, Creative Commons, Kelly Eddington; Image of crowd, office building, world, women on phone, blue jeans, images by Video Scribe, License held by Jeff Carroll; Image of hand holding paper, Public Domain, http://bit.ly/OcGLBF; Image of invisible hand, Public Domain, http://bit.ly/1pfSTC3.
An organization that attempts to earn a profit through the sale of goods or services.
A person who pursues a business venture with growth and expansion as a primary goal.
A market system with little control and regulation of business (by the government).
When expenses are greater than sales - there is a loss.
An area of economic study that focuses on specific markets, choices, and behaviors that affect price, cost and demand.
When revenue and sales are greater than expenses - there is a profit.