Question

is business organisation and firm same thing?

Answer 1

A firm owned by multiple people is often called a company. A fourth type of firmownership is a cooperative, or a co-op. A cooperative is similar to a corporation in that its owners have limited liability, but the difference is that its investors have a say into the company's operations

Answer 2

What is the difference between acompany, organisation, industry, firm, corporation and business? A companyis 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. number of companies.