How to explain the difference between an organisation, firm and comapany
Answers
hey mate..
A company is any form of business whether it is small or large.
Generally the term "company" indicates a particular kind of business dealing in a specific product.
An organisation is the larger form and generally comprises of a
number of companies. Simply, a company is an organization, but an organization is not just a company.
An industry is the combination of companies in same line of
business.
Firm, corporation and business are synonyms of "company".
An Agency is a particular kind of company, which serves as an intermediary between clients (other companies or individuals).
hope it helpz uh
Explanation:
The word "firm" is used interchangeably with the term "company". "Company", "firm", and "business" are synonyms. They all mean an organization engaged in producing some product or service for sale and profit. ... A "corporation" is a specific kind of company.