1. The main purpose of a business is to make a profit, increasing the value of the company for the owners.

2. The four generalt ypeso fbusinessesa re:

a. Service company: provides a service-it does something for its customers rather than selling them a tangible product.

b. Merchandising company: buys goods, adds value to them, and then sells them with the added value.

c. Manufacturing company: makes products and sells them to other companies and sometimest o the final consumers.

d. Financials ervicesc ompany:p rovidess ervicesr elatedt o money-insurance, banking, etc.