Organization owned by Business and operating in Shareholders's interest.
It consists of:
Shareholders | who own a Business |
---|---|
Directors | who set up a Business strategy |
Employees | who run Business activities |
Assets | which represent the resources supporting the Business operations |
Liabilities | which represent the future sacrifices of Assets that the Business is obliged to make to other entities |
The Company acts as:
Vendor | Customer |
---|---|
when suppling its Products to the other Businesses | when consuming the Products from the other Businesses |
See also
Society / Legal Entity / Juridical Person / Organization
Business / Business Administration
[ Economic Entity ] [ Physical Person ] [ Juridical Person ]