Companies Meaning: Definition, Examples, and Translations
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companies
[ˈkʌmp(ə)niz ]
Definition
business
Companies are organizations that produce goods or provide services for profit. They can vary in size from small businesses to multinational corporations.
Synonyms
businesses, corporations, firms.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| companies |
General term for any type of business organization that offers goods or services.
|
| businesses |
Refers to any activities or enterprises entered into for profit; commonly used to describe smaller, individual entities.
|
| firms |
Commonly used to describe professional service businesses, such as law firms or consulting firms; usually smaller and more specialized.
|
| corporations |
Refers to large organizations typically incorporated and offering shares to the public; often used in a more formal or legal context.
|
Examples of usage
- Many companies are investing in renewable energy.
- Tech companies are constantly innovating to stay ahead of the competition.
- Several companies have merged to form a new conglomerate.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Business Evolution
- The concept of companies has existed since ancient times, with early examples being trade guilds that regulated craft practices.
- The industrial revolution in the 18th century saw the rise of larger companies, driving urban growth and economic change.
- Today, with technology, companies can be global, engaging in business across continents instantaneously.
Pop Culture
- The notion of companies is often depicted in movies like 'The Social Network', which showcases the evolution of modern-day tech startups.
- TV shows like 'The Office' humorously highlight everyday corporate life and the relationships formed in workplaces.
- Many popular video games, such as 'SimCity', involve players managing virtual companies and economies.
Psychology
- Workplace dynamics in companies can heavily influence employee morale and productivity, showcasing the power of collaborative environments.
- Behavioral economics helps to understand why people might choose to work in companies versus freelance options, emphasizing stability and community.
- Studies show that the culture of a company can directly impact creativity and innovation within teams.
Technology
- Cloud-based technologies have revolutionized how companies manage operations, allowing for remote work and global teams.
- Startups leveraging artificial intelligence are changing traditional industries, creating agile companies that can quickly adapt to market needs.
- Tech companies often foster a culture of innovation, regularly releasing products that transform consumer experiences.
Origin of 'companies'
Main points about word origin
- The word 'company' comes from the Latin 'companio', which means 'one who shares bread', reflecting teamwork.
- Originally, it referred to a group of soldiers, indicating the importance of cooperation and camaraderie.
- Over the years, the meaning shifted to include merchants and businesses forming groups.
The word 'companies' originated from the Old French word 'compagnie', which meant 'society, friendship, companionship'. It later evolved to refer to a group of people who took part in a joint enterprise or business. Over time, the term expanded to encompass a wide range of organizations involved in commercial activities.
See also: company.