What is a company in business studies
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A company is a form of business organization that is designed to provide goods or services to customers in exchange for money. It is a legal entity that is separate from its owners and is granted certain rights and responsibilities by the government. Companies can be organized as sole proprietorships, partnerships, or corporations, and they can operate in various industries and sectors. In business studies, the concept of a company is often studied in terms of its structure, organization, management, operations, marketing, finance, and other related aspects.