This is a business organized as a separate legal entity from the owner.

Beauty parlor, barbershop, travel agency, internet cafe, school, airline, clinic etc. are what type of business operation?

This type of business operation is one which buys and sells goods.

Mercury Drugstore, Shopwise, Puregold, Shoe Salon are what type of business opration?

This type of business operation buys raw materials, form this into a finished product and the sells to the customers.

This is one of the motives why people goes into business.

This is a person of entity who has "stake" of interest in the economic performance of a business, aside form the owner.

Is the one who puts money property in a business venture with the objectives of receiving a returned of capital investment from the profit earned by the business. (2 correct answers)

These are book of accounts that must be maintained by the accounting department.

This is simply defined as an economic activity of buying and selling in order to obtain profit. It can be defined formally as an economic unit that obtain and controls resources and then engages in buying and selling of goods or services with a view of enhancing these resources