Specifically the definition of business It is the one that exercises an activity carried out and promoted by human capital, machinery and resources that have a common objective, this being, in general, economic.
Companies usually offer a good or service as a way to obtain profits, and economic investments are made to achieve the objectives ".
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We have just given a definition of a company taking into account everything that is part of it, the means, the objectives and the resources for profit, however, throughout history, many economists have tried to give a definition of "Company", attending and taking into account some, or all of the elements that make up a company, below, we will analyze some of the most interesting:
In this article you will find:
What is the clear definition of a Company?
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One of the most complete and used is this:
“It's ato Society is a system that with its environment materializes an idea, in a planned way, satisfying the demands and wishes of customers, through a commercial activity ”, that collects the idea of a business that performs an activity seeking to satisfy a customer's need.
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The definition of a company by the European Community is somewhat more complete.
"Any entity, regardless of its legal form, that carries out an economic activity will be considered a company"
In particular, they will be considered trading companies to all industry, commerce, house, work, operation, initiative, work, project, task, action, design, plan, who carry out a craft activity or other activities individually or family.
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Societies of persons, and associations that carry out an economic activity on a regular basis ”, and in In this case, it focuses on the number of people who make up the company, and on the nature and scope of is.
Concise can be considered the definition of "Company" used by International Law:
"The company is the set of capital, administration and work dedicated to satisfying a need in the market", this definition, despite its brevity, collects the ideas of the previous two, and is a definition that is both complete and simple.
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The DRAE collects the meanings of the word "Company", on the one hand "Organizational unit dedicated to industrial, commercial or service-for-profit activities ”and, on the other hand, “Place where these activities are carried out”.
The company definitions there are many, and we can use one or the other, depending on the aspects that we want to highlight of the business entities and their functions.
What is your classification according to the economic activity you carry out?
For a mercantile capital to be considered a company, it may be engaged in the following activities:
Primary Sector Companies
- They are those that obtain and benefit from natural resources for their operation, among them are agricultural, livestock and fishing.
More information here: Primary sector
Secondary Sector Companies
- They are all those that within their functions are the dedication to transformation of goods in the industrial or construction sector.
More information here: Secondary sector
Tertiary Sector Companies
- They are all those organizations that work in the provision of services or are directed exclusively to commerce.
More information here: Third sector
What are the classifications given according to your business creation?
The constitution of a company is divided into the following types:
- Anonymous Societies
- SRL - Limited liability company
- Cooperatives
- Individual companies
What is the origin of the Companies according to their capital stock
Public companies.
- Public Companies are considered to be all those belonging to and administered by the state sector of the Nation.
Private companies.
- Private companies or businesses are all those that are in charge of private or unique individuals.
Joint ventures
- Mixed businesses will be considered to be all those where the interference of the private sector and the public sector have participation of this.
With all this we can summarize that for a company to achieve success and achieve stability in the market it is important to establish clear and well-defined objectives, in addition to creating awareness of a mission Y values among its members.
On the other hand, it is essential to define the regulations and politics by which it will be governed for its operation both internally and externally.
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