Definition Of Business History
It is distinct from company history which refers to official histories usually funded by the company itself.
Definition of business history. History definition the branch of knowledge dealing with past events. History definition is tale story. While the idea of business ethics came into existence along with the creation of the first companies corporation a corporation is a legal entity created by individuals stockholders or shareholders with the purpose of operating for profit. The need for more responsive and effective business regulation was at least part of the reason for the fight for independence and the establishment of the federal government.
1 the regulation of commercial entities by the laws of company partnership agency and bankruptcy and 2 the regulation of. Business history is a historiographical field which examines the history of firms business methods government regulation and the effects of business on society. Business law also called commercial law or mercantile law the body of rules whether by convention agreement or national or international legislation governing the dealings between persons in commercial matters. In general businesses are designed to focus on either generating profit or improving society.
The term business organization describes how businesses are structured and how their structure helps them meet their goals. 1 history the first part is the history. Businesses can be for profit entities or non profit organizations. Dictionary of american history dictionary.
It also includes biographies of individual firms executives and entrepreneurs it is related to economic history. The past with all of its complicated choices and events participants dead and history told is what the general public perceives to be the immutable bedrock on which historians and archaeologists stand. Business definition an occupation profession or trade. When a business focuses on generating profits it is known as a for profit organization.
Business organization what it means. Business law falls into two distinctive areas. His business is poultry farming. History is the study of the human past as it is described in written documents left behind by humans.
A business is defined as an organization or enterprising entity engaged in commercial industrial or professional activities.