Definition, Meaning & Anagrams | English word FIRMS

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Definitions of FIRMS

1. plural of firm.
2. (obsolete, architecture) The principal rafters of a roof, especially a pair of rafters taken together.
3. inflection of firm

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Examples of Using FIRMS in a Sentence

• Smaller businesses are privately owned by Beninese citizens, but some firms are foreign owned, primarily French and Lebanese.
• These models demonstrate how firms in a duopoly can compete on output or price, depending on the assumptions made about firm behavior and market conditions.
• In addition, it (along with the IATA) is the body responsible for the standard international codes for airlines, airports, hotels, cities and car rental firms.
• After leaving to attend Cornell University and Harvard Law School, she returned to Miami where she started her career at private law firms.
• Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms.
• Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
• Specifically, an industry is a natural monopoly if the total cost of one firm, producing the total output, is lower than the total cost of two or more firms producing the entire production.
• According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production.
• As a result of their significant market power, firms in oligopolistic markets can influence prices through manipulating the supply function.
• Coase is best known for two articles: "The Nature of the Firm" (1937), which introduces the concept of transaction costs to explain the nature and limits of firms; and "The Problem of Social Cost" (1960), which suggests that well-defined property rights could overcome the problems of externalities if it were not for transaction costs (see Coase theorem).
• Standardization (American English) or standardisation (British English) is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments.
• He then pursued a career in the desktop software industry, working at Microsoft, Boeing, the Russell Investment Group and several other Seattle area firms.
• By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
• The four are often grouped because they are comparable in size relative to the rest of the market, both in terms of revenue and workforce; they are considered equal in their ability to provide a wide scope of professional services to their clients; and, among those looking to start a career in professional services, particularly accounting, they are considered equally attractive networks to work in, because of the frequency with which these firms engage with Fortune 500 companies.
• The Aon Center (200 East Randolph Street, formerly Amoco Building) is a modern supertall skyscraper located in the Northeast corner of the Chicago Loop, Chicago, Illinois, United States, designed by architect firms Edward Durell Stone and The Perkins and Will partnership, and completed in 1973 as the Standard Oil Building (nicknamed "Big Stan").
• Social capital has been used to explain the improved performance of diverse groups, the growth of entrepreneurial firms, superior managerial performance, enhanced supply chain relations, the value derived from strategic alliances, and the evolution of communities.
• Colocation facilities provide space, power, cooling, and physical security for the server, storage, and networking equipment of other firms and also connect them to a variety of telecommunications and network service providers with a minimum of cost and complexity.
• After Giuseppe Mario Bellanca, the designer and builder of Italy's first aircraft, moved to the United States in 1911, he began to design aircraft for a number of firms, including the Maryland Pressed Steel Company, Wright Aeronautical Corporation and the Columbia Aircraft Corporation.
• In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances.
• A single trip (the final good, in the consumer's eyes) may require the bundling of services provided by several firms, agencies and modes.

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