Businesses in the context of "Food service"

Play Trivia Questions online!

or

Skip to study material about Businesses in the context of "Food service"

Ad spacer

⭐ Core Definition: Businesses

Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."

A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Businesses in the context of Food service

The food service (US English) or catering (British and Commonwealth English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, grocery stores, school and hospital cafeterias, catering operations, and many other formats.

Suppliers to food service operators are food service distributors, who provide small wares (kitchen utensils) and foods. Some companies manufacture products in both consumer and food service versions. The consumer version usually comes in individual-sized packages with elaborate label design for retail sale. The food service version is packaged in a much larger industrial size and often lacks the colorful label designs of the consumer version.

↓ Explore More Topics
In this Dossier

Businesses in the context of Tax avoidance

Tax avoidance is the legal use of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxes. Tax avoidance should not be confused with tax evasion, which is illegal.

Forms of tax avoidance that use legal tax laws in ways not necessarily intended by the government are often criticized in the court of public opinion and by journalists. Many businesses pay little or no tax, and some experience a backlash when their tax avoidance becomes known to the public. Conversely, benefiting from tax laws in ways that were intended by governments is sometimes referred to as tax planning. The World Bank's World Development Report 2019 on the future of work supports increased government efforts to curb tax avoidance as part of a new social contract focused on human capital investments and expanded social protection.

↑ Return to Menu

Businesses in the context of National Safety Council

The National Safety Council (NSC) is a 501(c)(3) nonprofit, public service organization promoting health and safety in the United States. Headquartered in Itasca, Illinois, NSC is a member organization, founded in 1913 and granted a congressional charter in 1953. Members include more than 55,000 businesses, labor organizations, schools, public agencies, private groups and individuals.

The group focuses on areas where the greatest number of preventable injuries and deaths occur, including workplace safety, prescription medication abuse, teen driving, cell phone use while driving and safety in homes and communities.

↑ Return to Menu

Businesses in the context of Groupement d'intérêt économique

A groupement d'intérêt économique (abbreviated GIE; in English Economic Interest Grouping or Economic Interest Group, abbreviated EIG) is a Francophone consortium of related businesses, companies, foundations, organisations or institutes which are formally pooling their efforts for competitive advantage. Most partners come from the private sector but inclusion of public sector partners is not unusual.

For example, a number of businesses in the umbrella industry located in Aurillac, France, Europe formed a GIE to better meet the challenges of competing globally.
Another example is Luxinnovation GIE, the National Agency for Innovation and Research of Luxembourg. It is composed of 6 partners that come from both the private and the public sector (including three Ministries).

↑ Return to Menu