Definition of "business firm" []

• The members of a business organization that owns or operates one or more establishments (noun)

WordNet. Princeton University. 2010.

• "As sociologist Benjamin D. Singer has remarked, the next generation may never know what it was once like to call or write a government agency or a business firm and feel certain that a responsible answer would be forthcoming."
• "When a government (Nelson and Yates, 1978) or a business firm (Cyert, Dill, and March, 1958) adopts a new policy, or a university a new program (March and Romelaer, 1976), specifying what the change means can be difficult, not because of poor information or inadequate analysis, but because of the fundamental ways in which changes are transformed by the processes of change."