Company facts for kids
A company is a type of business. The definition of the term varies by country. In general, a company is same as a corporation. It is a business organization which makes goods in an organized manner and sells them to the public for profit. A company may hire people to be the staff of the company.
The term is also used more broadly for any group who work together, such as the crew of a ship or the cast of a play.
Company Facts for Kids. Kiddle Encyclopedia.