What is the difference between Business, Company & Firm??
@makemoneonline (1176)
India
3 responses
@aerous (13434)
• Philippines
4 Mar 12
I don't know if I am specifically define those three; because as far as I know. Business is a words that describe any entity that exposing products and service to the public. Company or firm is under a single person or group of people to do a business...
@Olleenz (3398)
• Indonesia
4 Mar 12
I could be wrong but in my opinion:
Business: How someone (organize or not) making money
Company & Firm: type of business organization
Company: Mostly had real product (tangible product) like car, electronic etc.
Firm: Mostly work on services (intangible product) like law, financial consultant, etc.
@lilaclady (28206)
• Australia
4 Mar 12
Well my impewssion is a business is the name of a place with a work setup and I would say a company is maybe bigger maybe with more than one owner, maybe and a firm could be with many partners in the business or maybe thqat is just another name for business, I am sure someone will enlighten us..
