What is company: Definition and 103 Discussions

A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:

voluntary associations, which may include nonprofit organizations
business entities, whose aim is generating profit
financial entities and banks
programs or educational institutionsA company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups.

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  1. E

    I'm Starting a Company Who's In?

    Okay, in about 5 years, I will be starting a company. What will this company do? We will design RF ciruits and/or solid state spintronic devices (eventually quantum computers). What kind of people do I need? 1 Accountant/Patent Attorney/Business Entrepreneur, ~5 RF IC Design...
  2. R

    Russian company has provided Iraq with a system that destroys GPS

    It has been said that a russian company has provided Iraq with a system that destroys GPS navagational status of onboard cruise missiles, rendering the missile to be co-ordinless? As the first of these missiles that have been 'un-guided', how simple is it to actually 'jam' GPS sytems?..is it...
  3. L

    Intern at a company this summer

    Hi all, I migrated from PF2, though I didn't have many posts. I just basically read as much information as I could. Everyone here has decent opinions and ideas. :smile: I have a question for all your physics buffs. I am a Freshman in college majoring in Physics and I would like to...
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