Types of companies

[Chibson]

I think I have learnt this in secondary School. Primary company deals mainly with primary products such as in agriculture and some of them.

 

[Ceeny007]

In my country companies are divided into smes(small and medium scale enterprise) and corporate companies and they must be registered under the company allied act to be recognized

 

[Sariana23]

In my country companies are divided into smes(small and medium scale enterprise) and corporate companies and they must be registered under the company allied act to be recognized

Perfect, I understand that in your country there is also the registration of companies, "under the law of allied companies to be recognized" I wonder if these allied companies are classified in some way, or are all together, ie there are alliances according to their classification?

 

[Shigobad20201]

In my country companies are divided into smes(small and medium scale enterprise) and corporate companies and they must be registered under the company allied act to be recognized

Primary companies are privates companies that must registered under the government and get licensed before they start working while secondary company is government company.

 

[Snazzy001]

Types of companies are been differentiated by the kind of goods they produce and the kind of services they render to their customers and clients

 

[Chizfab]

It is very necessary to promote orderliness in the country's economy with respective regulatory agency to monitor their operation. Also, it's a form of business identification in term of registering your business, applying for loans and grant, looking out for sponsors and partners.

 

[akinlolu99]

I think, the motivation behind arranging organizations helps in deciding business sector division. It gives a superior comprehension about the given objective gatherings, and furthermore assists with guaranteeing that their requirements are distinguished and satisfied.

 

[Sariana23]

It is very necessary to promote orderliness in the country's economy with respective regulatory agency to monitor their operation. Also, it's a form of business identification in term of registering your business, applying for loans and grant, looking out for sponsors and partners.

Excellent @Chizfab ,this is the main idea of the clacificació of companies, from it you can "apply for loans and grants, seek sponsors and partners" In this way you get the support of organizations and government entities.

 

[Buba]

Write your reply... types of company are classify by marked segment in my country there are classify the way l broken it down.

 

[kayode10]

We also have public limited liability companies in which has a lot of investors and board of director current running the affairs of the business.

 

[tuna89]

Companies definitely have to be classified with respect to the level of business whether big or small, some companies are always busy with supplying of Lower companies.

 

[Setfragil]

There are three types of companies according to their economic activity..:

Primary sector companies. Agriculture, livestock, fishing, and mining. ...
Secondary sector companies (industrial). Companies engaged in industry and construction, i.e., the transformation of goods.
Companies in the tertiary sector (service sector).

What is the purpose of classifying companies by type of activity? Is it important for an entrepreneur to know where he/she is in the classification? Are the regulatory rules the same for each case?

It s good to classify companies and businesses according to their economic activities but people are more concerned on what goes into their pockets not minding the types of company they work for.

 

[Sariana23]

It s good to classify companies and businesses according to their economic activities but people are more concerned on what goes into their pockets not minding the types of company they work for.

Of course, if it is for the company in which he works, it will not have much importance, but in the case of the owner as a businessman, does it have any importance the classification of these? what kind of benefits can be acquired?

 

[Ralphjoe]

There are three types of companies according to their economic activity..:

Primary sector companies. Agriculture, livestock, fishing, and mining. ...
Secondary sector companies (industrial). Companies engaged in industry and construction, i.e., the transformation of goods.
Companies in the tertiary sector (service sector).

What is the purpose of classifying companies by type of activity? Is it important for an entrepreneur to know where he/she is in the classification? Are the regulatory rules the same for each case?

For me I think most companies are being classified according to their companies and their functions and probably also by the amount of people that the company is able to employ.

 

[Thinker009]

Yeah it's important for an entrepreneur to Know his specialisation , so that he or she won't be confused on the job or the factor of production he or she is going to cover up

 

[Sariana23]

For me I think most companies are being classified according to their companies and their functions and probably also by the amount of people that the company is able to employ.

It is correct, companies can be classified in different ways: according to the economic activity they carry out, their size, legal form, scope of action and capital. For this reason, I have explicitly included the following in relation to their economic activity

 

[Bousine123]

There are limited liability companies and also corporations. A limited liability company gives you the leverage as a partner to reduce your risk.

 

[Chibson]

primary companies deals mainly with raw products and of course I think it is also a very lucrative business venture if you can specialise in primary companies.

 

[Ezekiel]

Every country has their respective classification of companies,which ever ways, companies are classify so that the entrepreneur could know were they fall,and also know were to fix there workers.

 

[Kaffyfolla]

The operations of the companies different from one another, the mode of their operation depends on the legal backing of each company