What are the differences between a ‘company’, ‘corporation’, ‘enterprise’, and ‘firm’?

767 views

What are the differences between a ‘company’, ‘corporation’, ‘enterprise’, and ‘firm’?

In: Other

3 Answers

Anonymous 0 Comments

A **company** is a business.

**Firm** is used for companies where there’s two or more people doing the same job. Like at my work, most of us have different titles and we do different jobs, but at a law firm all the main people are doing the same job: lawyering it up.

**Corporation** is legally a person itself.

An **enterprise** is just another word for company although it can also be used for a limited partnership between two companies. Like, building that bridge was a joint enterprise of company A and company B.

You are viewing 1 out of 3 answers, click here to view all answers.