What is firm?

Firm

A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

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Famous quotes containing the word firm:

    His firm stanzas hang like hives in hell
    Or what hell was, since now both heaven and hell
    Are one, and here, O terra infidel.
    Wallace Stevens (1879–1955)

    Although a firm swat could bring a recalcitrant child swiftly into line, the changes were usually external, lasting only as long as the swatter remained in view....Permanent transformation had to be internal....The habits of self discipline, as laborious and frustrating as they were to achieve, offered the only real possibility of keeping children safe from their own excesses as well as the omnipresent dangers of society.
    Mary Kay Blakely (20th century)

    My course is a firm assertion and maintenance of the rights of the colored people of the South according to the Thirteenth, Fourteenth, and Fifteenth Amendments, coupled with a readiness to recognize all Southern people, without regard to past political conduct, who will now go with me heartily and in good faith in support of these principles.
    Rutherford Birchard Hayes (1822–1893)