Glossary

Deutsch: Firma
A company is an association or collection of individuals, people or "warm-bodies" or else contrived "legal persons" (or a mixture of both). Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

In an industrial or manufacturing context, "company" typically refers to an organization that is engaged in the production, distribution, or sale of goods or services. A company can be a business, corporation, or enterprise that operates within a specific industry or sector.

For example, in the manufacturing industry, companies can include manufacturers of automobiles, electronics, chemicals, and other products. In the energy industry, companies can include oil and gas producers, utilities, and renewable energy providers. In the construction industry, companies can include builders, contractors, and engineering firms.

Companies can range in size from small, privately-owned businesses to large, publicly-traded corporations. They can be involved in a variety of activities, such as research and development, production, marketing, and distribution.

For example, a company like General Electric (GE) is involved in a variety of activities, including manufacturing of appliances, aviation, energy, and healthcare. Another example is a company like Apple, which designs, develops, and sells consumer electronics, computer software, and online services.

It's worth noting that companies are the backbone of the industrial and manufacturing sector, and they play a crucial role in driving economic growth and innovation. Companies can also have a significant impact on society and the environment, and they are subject to a wide range of regulations and laws designed to protect the public interest.

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