Business Ethics: Business ethics means a set of beliefs exist between consumers and various forms of market participants that govern how business operate, how business decision are made and how people are treated.

Business Culture: Business culture is related to ethics, behavior and manner that encompass an organization’s values, visions, beliefs and working style, It determines how different levels of staff communicate and deal with client and customer.

Business Environment: Business environment is the combination of total internal and external factors that have potential influence of business.

Difference between profit & nonprofit organization:
There are several differences of for profit and nonprofit organization. Such as- * The aim of for profit organization is to maximize profit and forward these profits to the company’s owner and shareholder. On the other hand, nonprofit organization aims to provide society’s need. * For profit organization must pay taxes. On the other hand, nonprofit organizations are exempt from taxes. * Most for-profit organization prepare balance sheet. On the other hand, nonprofit organization does not use balance sheet. * For profit organizations prepare income statement. On the other hand, nonprofit organization statement of activities instead of income statement.

Stakeholder: Stakeholders are those constituencies who are affected by the organization’s decisions and actions.

Tangible & Intangible asset: Assets which have physical existence, which can be seen and touch called tangible assets. Such as cash, equipment, account receivable etc.
Assets that is not physical in nature having a useful life greater than one year. Such as patent, trademark, copyright etc.

How cultural issues impact the business?
There are some obvious issues that influence the business. They are- * The way how