Corporate firms are large businesses that operate to make a profit. They can be involved in various industries, such as technology, finance, or manufacturing. These firms are usually structured as corporations, meaning they are separate legal entities from their owners. This structure allows them to raise capital by selling shares to investors, which can help them grow and expand their operations. In a corporate firm, decision-making is often handled by a group of executives and a board of directors. This team works together to set goals and strategies for the company. Corporate firms also have responsibilities to their stakeholders, including employees, customers, and investors, ensuring they operate ethically and sustainably in the marketplace.