Define Company

Discover what defines a company, the different types of companies, and examples of successful companies that have made an impact on the global economy.

What is a Company?

A company is a legal entity formed by a group of individuals to carry on a business. It is a separate legal entity from its owners, which means it can enter into contracts, own assets, and incur debts.

Types of Companies

  • Private Limited Company
  • Public Limited Company
  • Partnership
  • Sole Proprietorship

Examples of Companies

Google, Apple, Amazon, and Microsoft are all examples of successful companies that have made a significant impact on the global economy.

Case Studies

One example of a successful company is Tesla, which revolutionized the electric car industry. Through innovative technology and a focus on sustainability, Tesla has become a leader in the automotive industry.


According to the Small Business Administration, there were 31.7 million small businesses in the United States in 2020, making up 99.9% of all businesses in the country.

Leave a Reply

Your email address will not be published. Required fields are marked *