ECN 212 Lecture Notes - Working Mass, Secondary Sector Of The Economy, General Partnership
Document Summary
The company: definition and role of the company 2. Objectives of the company 3: the different actors within the company 3, the different classifications of companies 3. Classification of companies according to legal criteria 4. Classification according to the nature of the activity 5. Classification according to the objectives pursued 6. 1: definition and role of the company. The firm is a term that covers a multiple and ill-defined reality. Soutenain and p. facet (2006) the firm is "an economic agent that combines raw materials, equipment, financial means and human resources in order to produce goods and/or services". These products are necessarily intended to be sold on a market in such a way that the selling price is higher than the costs. It combines factors of production (inputs) to produce goods and/or services (outputs), which will be sold on a market at a price higher than the cost of the factors.
