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business concern vs business firm

business firm vs business concern

business concern and business firm both are nouns.

Word NounAdjectiveVerbAdverb
business concern Yes No No No
business firm Yes No No No
As nouns, business firm is a hyponym of business concern; that is, business firm is a word with a more specific, narrower meaning than business concern:
  • business concern: a commercial or industrial enterprise and the people who constitute it
  • business firm: the members of a business organization that owns or operates one or more establishments
business concern (noun) business firm (noun)
a commercial or industrial enterprise and the people who constitute it the members of a business organization that owns or operates one or more establishments
Difference between business concern and business firm

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