Types of for-profit organizations
Types of for-profit organizations (AO3) "There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits”.- Milton Friedman (1912-2006), recipient of the Nobel Prize in Economics (1976) This section of the IB Business Management syllabus covers the following types of for-profit (commercial) organizations: Click on the relevant tabs below to...