Trade four differents between organisations and companies
Answers
Answer:
Trade refers to buying and selling of goods and services. Business refers to production and exchange of goods and services for the sole motive of earning profit. ... Trade need less capital investment as compared to business.
Explanation:
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Answer:
Company - A company is called a firm when it is a partnership of two or more persons. An organisation is an organized group of people with a particular purpose, such as a business or government department. Corporation is a large company or group of companies authorized to act as a single entity and recognized as such in law. An organisation can be a part of a corporation.
Organization - An organization is a group of people who work together, like a neighborhood association, a charity, a union, or a corporation. Organization is also the act of forming or establishing something (like an organization). It can also refer to a system of arrangement or order, or a structure for classifying things.
Explanation:
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