Business Firm Refers to

Business firm refers to

A) a highly stylized protocol of productivity with a clear division of roles and responsibilities.
B) a legal entity of people engaged in business activities solely with the intent of serving a population but without the intent of making a profit.
C) a privately owned organization that serves its customers to earn a profit so that it can survive.
D) a group of people or firms united through contractual or corporate ownership.
E) a publicly owned and operated organization that serves the general population by offering specialized goods or services.