Companies are an association trained and organized volunteer to conduct a variety of businesses. There are several types of company incorporation, which can be classified as follows, sole proprietorship, partnership, limited liability, corporation and joint-stock company.
These are made up of materials, human capital and technical materials which have the objective of obtaining profits through their participation in the market for goods and services.
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In this article you will find:
How companies can be classified
Companies are classified according to several criteria, among which are:
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Classified by the amount of workers
- Micro-enterprise (which employs between 1 and 4 workers);
- Small company (which employs between 5 and 49 workers);
- Medium Company (employing between 50 and 199 workers)
- Big company (employing more than 200 workers)
By the level of sales
In the case of Chile, the subdivision is as follows:
- Micro-enterprise (annual sales are less than 2,400 UF)
- SMEs to companies that are in the range of UF2,400 and UF100,000.
- Big enterprises (with annual income equal to or greater than 360,000 UTM)
Economic activity companies
- Extractive: They are those that provide raw material to other industries, for example, fishing, agriculture, hunting, exploitation of forests and quarries, etc.
- Industrial or manufacturing: They are dedicated to the production of goods, through the transformation of the raw material through manufacturing processes, for example, electricity, water, manufacturing, etc.
- Commercial: Those that are dedicated to the purchase and sale of finished products, such as warehouses, bookstores, pharmacies, supermarkets, etc.
- Financial: They are the specialists in the financial system who make loans to people and organizations. Examples of these are the Banks
- Service companies: They are dedicated to the provision of non-tangible services, such as transportation, cleaning, etc.
Asset constitution companies
- Public: Such as Government Institutions, Autonomous Institutions, Municipalities.
- Private: Those that are dedicated to the production of goods and / or services while seeking profit, and their capital is made up of contributions from private individuals.
- Mixed Companies: In which there is a collaboration between the state and the private sector, acting jointly in the formation of their capital (Corfo, Aguas Andinas, etc.).
Administration Companies
- Self-managed: those that are administered by their workers, that is, they are the ones who make the decisions that affect the company.
- Centralized Companies: in which decisions are made by those who are at the highest levels of management, concentrating authority over the company's resources.
- Decentralized Companies: where authority is distributed in the administrative structure, through the process of delegation, by individuals who occupy different levels in the administrative hierarchy.
- Hetero-managed: those in which decisions are made by people outside the activities of a production process.
