1
Q
Owner
A
Owners are individuals who establish, invest, and have a share in a business, often with the goal of earning a profit from its operations.
2
Q
Managers
A
Managers are individuals who oversee and coordinate a business’s employees and lead its operations to achieve the business’s objectives.
3
Q
Employees
A
Employees are individuals who are hired by a business to complete work tasks and support the achievement of its objectives.
4
Q
Pursuit of profit
A
Profit is total revenue earned minus total expenses incurred
5
Q
Driving forces(1)
A
- owners
- managers
- employees
- pursuit of profit
- reduction of cost
