1.   A company is also called a firm, a business or a plant.

 2.  A company which stops operating is going out of business and a firm which is just starting up goes into business.

 3.  A manufacturer or a manufacturing company only produces goods instead of buying or selling goods.

 4.  If one year a manufacturer produces 280 tonnes and the next year it produces 350 tonnes, it has increased its production by 20%.

 5.   A company which sells goods in bulk is called a wholesaler.

 6.  Most local shops tend to sell goods in bulk because it is more profitable.

 7.  Cooperators are two or more companies which sell or manufacture the same products.

 8.  Two or more firms which sell or manufacture different products are cooperators.

 9.  Rivals or competitors are in competition and they compete for customers and markets.

10.  Keeping ahead of time is very important because only in this way can a company survive.