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Yusuf

Yusuf (Querist)
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03 September 2010 What is the meaning for the followings in company :

1)Enterprises.
2)Corporation.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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03 September 2010 YUSUF,

Enterprise Company is an industry leader in the business of design, engineering and manufacturing of equipment and systems for the solid waste, scrap processing, and resource recovery industries.
Enterprise Company is an innovative leader in design and engineering techniques used for the manufacturing of individual and customized pieces of equipment for the recycling industry.

CORPORATION:-
The most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern. The process of becoming a corporation, call incorporation, gives the company separate legal standing from its owners and protects those owners from being personally liable in the event that the company is sued (a condition known as limited liability). Incorporation also provides companies with a more flexible way to manage their ownership structure. In addition, there are different tax implications for corporations, although these can be both advantageous and disadvantageous. In these respects, corporations differ from sole proprietorships and limited partnerships.

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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04 September 2010 welcome

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