Basic Concepts

Company

A company is an organization that engages economic activities (produces or trades goods, or provides services) with the aim of obtaining economic profits

It’s a for-profit business

Basic Conditions

Elements

• Capital
• Work
• Material resources

Stakeholders

• Companies are influenced and influence stakeholders, composed by the interested public

Operations

• The company operates in a market

Classification

According to its activity

• Primary
• Secondary
• Tertiary