COMPANY - An organization that produces goods or provides services to make profit.
They could be: small,
medium or large.
RETAIL – sells directly to the public
B2C – business to customer WHOLESALE – sells goods in bulk to other companies COMPANY B2B – business to business TYPES CONGLOMERATE – several companies that have joined
MULTINATIONAL/transnational – has many operations in many
different countries Funded by share capital, money raised from investors who bought shares; they elect a board of directors to make decisions and set company policy.
VENTURE CAPITAL COMPANY/venture capitalists lend money to
COMPANY people to start or extend a business. FINANCING SOLE PROPRIETOR/TRADER –someone who owns a company without other investors.
PARTNERSHIP – two or more people join to start a company.
COMPANY TAKEOVER – a company is bought by another company, in a friendly
SELLING or hostile way. MERGER – two companies merge, they combine and become one single company.