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Thread: Firm vs company

  1. #1
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    Default Firm vs company

    what is the difference between firm and company?

    Today my friend brought a slip( A self declaration letter) which read: In the first application we were wrongly mentioned the category as firm and we are originally belongs to ________ name. Hence we require to change the category as company.

  2. #2
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    Default Re: Firm vs company

    Quote Originally Posted by david11 View Post
    what is the difference between firm and company? There is no difference.

    Today my friend brought a slip( A self declaration letter) which read: In the first application we were wrongly mentioned the category as firm and we are originally belongs to ________ name. Hence we require to change the category as company.
    "In the first application we were wrongly mentioned the category as firm and we are originally belongs to ________ name. Hence we require to change the category as company." This makes no sense.

  3. #3
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    Default Re: Firm vs company

    Quote Originally Posted by bhaisahab View Post
    "In the first application we were wrongly mentioned the category as firm and we are originally belongs to ________ name. Hence we require to change the category as company." This makes no sense.
    This(Firm vs company | IndiaFinanceBazaar.com) link explains some difference but it is a bit vague.

  4. #4
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    Default Re: Firm vs company

    Quote Originally Posted by david11 View Post
    This(Firm vs company | IndiaFinanceBazaar.com) link explains some difference but it is a bit vague.
    It's worse than vague, much of it is almost incomprehensible.

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    Default Re: Firm vs company

    According to your link, "firms" are partnerships while "companies" are any profit-making limited liability organization.

  6. #6
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    Default Re: Firm vs company

    Quote Originally Posted by bhaisahab View Post
    It's worse than vague, much of it is almost incomprehensible.
    It's fun though - "They work together characterized by organizational behavior in order to bring about results and goals of their company. A leader in an organization is appointed to a managerial position and has the right to command, enforce obedience and behavior by force of the authority of his position."

  7. #7
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    Default Re: Firm vs company

    Quote Originally Posted by 5jj View Post
    It's fun though - "They work together characterized by organizational behavior in order to bring about results and goals of their company. A leader in an organization is appointed to a managerial position and has the right to command, enforce obedience and behavior by force of the authority of his position."
    It's rather strong language.
    I understand the message as a Japanese citizen, though.
    (I don't know the difference between 'firm' and 'company.')
    firm - Definition and pronunciation | Oxford Advanced Learners Dictionary at OxfordLearnersDictionaries.com

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