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what is the difference between company,organisation,industry

Answer Posted / krishna sn

organization: very general term; a group of persons working
in the same direction or common goals, with a chief,
meetings, ... not unnecessarily a business, il could be a
church or an army.

industry: a group of companies making and/or selling the
same products or services
for instance: the computer industry, the sportswear industry

company: a group of 1 or many persons making and selling
products or services for a profit (if possible). The company
is owned by the shareholders, private or public.

firm: a business partnership, usually doctors or lawyers
selling services (no goods, objects or factories)

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