distinguish the following terms
1. organization
2. interprise
3. firm
4. corporate
5. corporation
1. Organization: A group of people working together towards a common goal or purpose, typically structured in a hierarchical manner.
2. Enterprise: A large and complex organization or business entity that engages in commercial activities, often with multiple divisions or subsidiaries.
3. Firm: A business entity that may be a partnership, sole proprietorship, or a corporation, engaged in providing goods or services.
4. Corporate: Pertaining to corporations or larger business entities, typically characterized by the legal and financial structure of limited liability.
5. Corporation: A type of legal entity that is separate from its owners, known as shareholders, in terms of liability and responsibilities. It has its own rights, privileges, and legal status, and can conduct business activities independently.