There are thousands of different companies in America but do you know more about 10 most respected and admired companies in America? A company can be regarded highly by one but despised by another. There are certain facts or events that develop a perception towards a brand or an organization.
A company, abbreviated co. is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose and unite to focus their various talents and organize their collectively available skills or resources to achieve particular, declared goals. All of you have probably heard about Sony. Sony, the second-largest consumer electronics company, is known for high-quality, innovative products. The company scored an overall 76.7 by Reputation Institute. Another one on the list is Canon Inc. Canon was granted a third largest number of U.S. patents in 2011. The generator of digital cameras, printers, camcorders, etc. has regional headquarters in America, Europe, Asia and many other leading world markets. A company or association of persons can be produced at law as a legal entity so that the company in itself can accept limited liability for civil liability and tax incurred as members perform (or fail) to discharge their duty within the publicly declared, published policy. In the US, a company may be a “corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any trustee, trustee in bankruptcy, or similar executive, or liquidating agent, for any of the foregoing”. In the US, a company is not necessarily a corporation. Companies are also sometimes distinguished for legal and regulatory purposes between public corporations and private enterprises. Public companies are companies whose parts can be publicly traded, often (although not always) on a stock market which requires listing rules as to the issued shares, the trading of shares and the forthcoming issue of shares to help bolster the reputation of the exchange or particular market of exchange. Private companies do not have publicly purchased shares, and often contain limitations on transfers of shares. In some jurisdictions, private companies have highest numbers of shareholders.
If you want to see more about the most respected and admired companies in America, check Insider’s Monkey list of 10 Most Respected and Admired Companies In America and expand your knowledge more about this topic.