Deutsch: Firma
A company is an association or collection of individuals, people or "warm-bodies" or else contrived "legal persons" (or a mixture of both). Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.
In an industrial or manufacturing context, "company" typically refers to an organization that is engaged in the production, distribution, or sale of goods or services. A company can be a business, corporation, or enterprise that operates within a specific industry or sector.
For example, in the manufacturing industry, companies can include manufacturers of automobiles, electronics, chemicals, and other products. In the energy industry, companies can include oil and gas producers, utilities, and renewable energy providers. In the construction industry, companies can include builders, contractors, and engineering firms.
Companies can range in size from small, privately-owned businesses to large, publicly-traded corporations. They can be involved in a variety of activities, such as research and development, production, marketing, and distribution.
For example, a company like General Electric (GE) is involved in a variety of activities, including manufacturing of appliances, aviation, energy, and healthcare. Another example is a company like Apple, which designs, develops, and sells consumer electronics, computer software, and online services.
It's worth noting that companies are the backbone of the industrial and manufacturing sector, and they play a crucial role in driving economic growth and innovation. Companies can also have a significant impact on society and the environment, and they are subject to a wide range of regulations and laws designed to protect the public interest.
Related Articles to the term 'Company' | |
| 'Standard' at psychology-lexicon.com | ■■■■■■■■■■ |
| Standard is a level or grade of excellence regarded as a goal or measure of adequacy. Standard in the . . . Read More | |
| 'Business' | ■■■■■■■■■■ |
| Business (plural: Businesses) is the social science of managing people to organize and maintain collective . . . Read More | |
| 'Product' | ■■■■■■■■■ |
| Product: In an industrial context, a product is a tangible or intangible item that is created as a result . . . Read More | |
| 'Service' | ■■■■■ |
| Service: In an industrial context, 'service' can refer to a range of activities that are provided to . . . Read More | |
| 'Operation' | ■■■ |
| In the industrial and manufacturing context, an operation is a specific process or activity that is carried . . . Read More | |
| 'Market' | ■■■ |
| Market: A market is one of the many varieties of systems, institutions, procedures, social relations . . . Read More | |
| 'Provider' | ■■ |
| Provider in the industrial context refers to an entity that supplies goods or services to businesses . . . Read More | |
| 'Management' at travel-glossary.com | ■■ |
| In the travel context, management refers to the planning, organization, coordination, and control of . . . Read More | |
| 'Client' | ■ |
| A client in the industrial context refers to a business or individual that purchases products or services . . . Read More | |
| 'Agency' | ■ |
| Agency: In the industrial context, an agency refers to a business or organization that provides specialized . . . Read More | |