Types of companies: their characteristics and areas of work.

Distinguishing between different types of organizations is necessary to understand the world of work.

Society and the marketplace today are overflowing with organizations forged for the purpose of providing goods and services to the population. These organizations, the companies, have great differences between them.

This is why classifications can be established to distinguish between different types of companies. classifications can be established to distinguish between different types of enterprises on the basis of various based on several criteria, as we will see throughout this article.

Company: a simple description

A company is defined as an organization that offers a series of goods and services, generally for economic and/or commercial purposes, as we will see in this article.The term "company" refers to any organization that offers a series of goods and services, generally for economic and/or commercial purposes, to those who request its services. To do so, they require a certain structure and resources to maintain it, which can be obtained in different ways.

There are many types of companies, which can be can be organized according to different criteria. Some of these criteria are the type of activity they carry out, the origin of the economic resources necessary for them to develop their activity, in what territorial sphere they operate, their legal constitution or even their size.

1. Types of companies by economic sector

One type of company classification has to do with the economic sector and the group of activity they perform.

1.1. Primary sector companies

These are those organizations that base their economic activity on the collection of raw materials, which allow them to subsist and the subsequent transformation of these materials. These are essential companies without which the existence of the other two sectors would not be possible. Within this sector we find activities such as agriculture, livestock, fishing and mining. and mining.

1.2. Secondary sector companies

Companies in the secondary sector are responsible for the transformation of raw materials, converting them into different goods ready for consumption. This sector includes activities such as construction and industryThe secondary sector includes activities such as construction and industry, both at the manufacturing and energy transformation levels.

1.3. Businesses in the tertiary sector

The tertiary sector is based on all those activities linked to the creation and management of services that guarantee the well-being of the population. In today's western societies they are usually the most prevalent types of companies in the big city. Within this group we can find companies dedicated to medicine, education, psychology, commerce, tourism and hospitality, social assistance, transportation, security, administration or the arts, for example.

2. According to control of resources

Another way of classifying companies is according to the origin of the resources they possess. In this sense we find the following types of enterprises.

2.1. Public companies

This type of companies are those that are managed by the managed by the State administration..

2.2. Private companies

In private companies, the economic resources come from private individuals.

2.3. Concerted enterprises

This type of organization is generally managed by private organizations, although they are subordinated to and partly subsidized by the government. partly subsidized by the administration.

3. According to the territorial sphere in which they operate

Where a company operates can also be a criterion when classifying companies. We can find the following types.

3.1. Local company

This is one of the most common types of company, which limits its field of action to one limits its field of action to a single locality, such as a city or town.such as a city or a town. For example, a butcher's shop.

3.2. Regional company

Its sphere of action is limited to a specific region, such as an autonomous community. for example, an autonomous community.

3.3. National company

The company in question pThe company in question can operate throughout a nation..

3.4. Multinational company

The company offers its services in more than one country, having a wide reach and expanding its business opportunities. expanding its business opportunitiesbut also involves greater investment.

4. According to its legal constitution

According to the legal constitution of the company in question we can find the following types of companies.

4.1. Corporate

This is the type of company that involves the formation of a partnership, i.e. it involves the association of several persons bound by contract. They involve the creation of a legal entity distinct from that of the various members of which it is composed.. Within the corporate companies we can distinguish several types of companies such as joint stock companies, cooperatives or limited liability companies.

4.2. Self-employed

These are companies carried out by a single personwho assumes full responsibility and uses his or her own resources to open and maintain his or her business.

5. According to the size of the organization

The size of the company, depending on the number of workers, existing capital and turnover, also allows us to establish three types of company.

5.1. Small company

A small company is defined as one in which the number of employees does not exceed fifty, has an annual turnover of less than ten million euros 10 million and whose assets do not exceed this amount. They are usually small businesses or companies limited to a specific locality.

5.2. Medium-sized company

The medium-sized company usually has between fifty and two hundred and fifty employees, with a turnover of less than fifty million euros and having total assets of less than forty-three million. Regional and even some national companies usually fall into this category.

5.3. Large company

Multinationals are usually in this group. These are companies with a turnover of more than fifty million euros and total assets of more than forty and total assets in excess of forty-three million. They generally tend to have more than 250 employees.