Summary of LA EMPRESA - DEFINICIÓN, CARACTERÍSTICAS, IMPORTANCIA, CLASIFICACIÓN Y FUNCIONES

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The video discusses the importance of companies and their various characteristics, classification, and functions. It explains that a company is a legal entity that arises from law and is intended to serve the law. It also explains that companies combine production factors--capital, labor, and nature--to provide services or produce goods and services for sale. A company's importance is due to its role in initiating and organizing processes and its responsibility for producing goods and putting them on the market.

• 00:00:00 The video discusses the importance of companies and their various characteristics, classification, and functions. It explains that a company is a legal entity that arises from law and is intended to serve the law. It also explains that companies combine production factors--capital, labor, and nature--to provide services or produce goods and services for sale. A company's importance is due to its role in initiating and organizing processes and its responsibility for producing goods and putting them on the market. It is also related to society and the state because it meets the needs of society in which it is developing, and it is related to the state because it must pay taxes. A company seeks to maximize profits, which means obtaining the highest possible earnings. It is also important to be well organized since a company must be constantly innovative and updated. The importance of companies is demonstrated by their role in developing economic growth and stability around the world.
• 00:05:00 In this video, the different types of businesses and their importance are explained, as well as their classification according to size and function. Finally, the importance of company ownership is discussed. Small businesses (those with annual sales of up to 150 units of taxable value), the middle-sized business (those with sales above 150 units and below 2,300 units), and the large business (those with sales above 2,300 units) are all discussed. Additionally, the individual vs. collective business, individual vs. unipersonal business, and company vs. civil society (or private) businesses are differentiated. Finally, the different functions of a business are outlined: production, distribution, and innovation.