Intro to Companies

What is a company?

• The name a company gives a product it makes or service it provides

• A type of business that cannot be publicly owned

• An item sold by a company

• A business formed to manufacture or supply products or services for profit

What is a brand?

• A business formed to manufacture or supply products or services for profit

• A type of business that cannot be publicly owned

• The name a company gives a product it makes or service it provides

• An item sold by a company

What is a public company?

• A company that does not sell any products to the public

• A company that is privately owned by a group of people

• A company whose shares can be purchased

• A company that does not make any profit

What is a private company?

• A company that does not make any profit

• A company whose shares can be purchased

• A company that is privately owned by a group of people

• A company that does not sell any products to the public

What is the difference between a product, a brand, and a company?

• A product is a company that is privately owned by a group of people, a brand is a company whose shares can be purchased, and a company is a type of business that does not make any profit

• A product is a type of business that cannot be publicly owned, a brand is a company whose shares can be purchased, and a company is an item sold by a company

• A product is the name a company gives a product it makes or service it provides, a brand is an item sold by a company, and a company is a type of business that cannot be publicly owned

• A product is an item sold by a company, a brand is the name a company gives a product it makes or service it provides, and a company is a business formed to manufacture or supply products or services for profit