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Mridul Das

Introvert!ย โ€ขย 1m

Ever wondered how the big companies actually work? Here's a quick breakdown! ๐Ÿ“Œ Business โ€“ An umbrella term for any commercial entity. ๐Ÿข Company โ€“ A business that is its own legal entity. ๐Ÿค Partnerships โ€“ Owned & run by multiple people. ๐Ÿ›๏ธ Corporation โ€“ A larger company that can issue shares ๐Ÿ“ˆ. ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง Parent & Subsidiaries โ€“ Parent companies own & control smaller businesses. ๐Ÿฆ Holding Company โ€“ Owns assets but doesnโ€™t engage in normal business. ๐Ÿ“ Shell Company โ€“ Exists on paper but has no assets. ๐Ÿ—๏ธ Conglomerate โ€“ A group with subsidiaries in different industries. ๐Ÿ” Limited Liability โ€“ Protects owners from company debts. โš–๏ธ Antitrust โ€“ Regulations to limit monopolies & cartels. ๐Ÿ’ฐ Cartel โ€“ Independent companies teaming up to gain market power. ๐Ÿคฏ

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