Class 11 BS Chapter-6
Company Business (Long Definition) Company business refers to all the activities and operations carried out by a company with the main objective of earning profit. These activities can include producing goods, providing services, buying and selling products, investing in projects, or any other legal commercial operation that helps the company achieve its goals. Every company has a clearly defined business purpose mentioned in its memorandum of association, which guides its daily operations and long-term strategies. Company business is conducted systematically and legally, following rules and regulations, to ensure sustainable growth, customer satisfaction, and profitability. Example: Unilever Nepal produces soaps, shampoos, and detergents to sell in the market and earn profit. In short: Company business is the organized and legal activities which performs to make profit and achieve its objectives. Private and Public Company 1. Private Company A private company is a busine...


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