Company, firm, enterprise,business

Question

Hello.What is the difference between Company, firm, enterprise,business?Thanks.

AlpheccaStars · Accepted Answer

Here are the definitions:
Firm

A partnership or association for carrying on a business. This is tyypically used to describe a group of lawyers in business together.

The law firm of Branston and Jones.

Business:

This is much more general, and can be used as an adjective (She enrolled in a good business school.)

1. an occupation, profession, or trade: His business is poultry farming.
2. the purchase and sale of goods in an attempt to make a profit.
3. a person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
4. volume of trade; patronage: Most of the store's business comes from local families.
5. a building or site where commercial work is carried on, as a factory, store, or office; place of work: His business is on the corner of Broadway and Elm Street.
6. that with which a person is principally and seriously concerned: Words are a writer's business.
7. something with which a person is rightfully concerned: What they are doing is none of my business.

Enterprise:

Also can be formed as an adjective: He is an enterprising young man. (He is a serious businessman). It focuses on the character of energy and risk-taking.
1. a project undertaken or to be undertaken, esp. one that is important or difficult or that requires boldness or energy: To keep the peace is a difficult enterprise.
2. a plan for such a project.
3. participation or engagement in such projects: Our country was formed by the enterprise of resolute men and women.
4. boldness or readiness in undertaking; adventurous spirit; ingenuity.
5. a company organized for commercial purposes; business firm.

Company:

1. a number of individuals assembled or associated together; group of people.
2. a guest or guests: We're having company for dinner.
3. an assemblage of persons for social purposes.
4. companionship; fellowship; association: I always enjoy her company.
5. one's usual companions: I don't like the company he keeps.
6. society collectively.
7. a number of persons united or incorporated for joint action, esp. for business: a publishing company; a dance company.

Corporation:
I would put this in the list of terms related to businesses. It is legal and formal.

A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members.
The most important aspect of a corporation is limited liability. That is, shareholders have the right to participate in the profits, through dividends and/or the appreciation of stock, but are not held personally liable for the company's debts.

Jesusengland · Answer

Hello.

Could you tell me what is the difference between Company / Firm / Enterprise and Business?

Thanks.

Jesusengland · Answer

Hello.

Thank you very much for your help. In which dictionary have you found these definitions?

Thanks

Planet Hopper · Answer

You could write a whole book on that one.

First choice is company, every and any private thing is a company.

Then you have firm, a firm is a company that sells some kind of service, such as a lawyer's firm.

An enterprise is a company that was born from cooperation, there is an added meaning of enterprise as something difficult, or at least challenging.

Business is a pretty abstract word, it may sound too informal to call a company a business. I recommend not using it as a synonym for company.

Just trying to help, that's the way we use it in Ireland, maybe other countries add shades of meaning.

Anonymous · Answer

what is the difference between entreprise and entrepreneurship

AlpheccaStars · Answer

Entrepreneurship means a single person or family starting a new business.
Entreprise- a large, established business.

AlpheccaStars · Answer

JesusenglandHello.
Thank you very much for your help. In which dictionary have you found these definitions?

Thanks

www.dictionary.com (This free site combines definitions from several dictionaries. It also has a thesaurus)

Anonymous · Answer

thanx ... i luv yewwww!!! all i wanted for my assignment <img class='emoticon' style='Width:19px;Height:19px;' data-delaysrc='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/5.gif' src='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/5.gif' alt='Emotion: wink'/>

Anonymous · Answer

entrepreneurship is nothing but the processof entrepreneur implement their ideas into actions and enterprise means the objectives of the entrapreneur

Anonymous · Answer

Jesusengland Hello.What is the difference between Company, firm, enterprise,business?Thanks.

thanks for yur help:)

Company, firm, enterprise,business

Top answer

Get the Weekly English Kit 📬

Related Questions