Company Swot Analysis

The word “Company” is a result of the Latin word “Com”, which means of coming together. This word originally meant of people feasting together. Therefore now the word “Company” means a group of people who have come together for a common purpose and who have incorporated themselves into a legal entity in the form of a company for a given purpose.
According to the Halsbury’s Laws of England the given term company has been defined as “ A collection of many individuals united into one body under special domination, having perpetual succession under an artificial form and vested by the policies of law with the capacity of acting in several respect as an individual, particularly for taking and granting of property, for contracting obligation and for suing and being sued, for enjoying privileges and immunities in

To do this they needed to be incorporated, and to be incorporated they needed to obtain a charter from the Royal Crown. Although these Guilds had an existence separate from its members they traded on their own account and were liable for their own debts. The Guilds of Merchants became common by the end of 16th century as overseas trade expanded and by this time they were first referred to as companies.
Then in the seventeenth century Joint Stock Companies emerged. Therefore in addition to trading in their own account members would also operate a joint account with joint stock. An example of Joint Stock Company is the East India Company which was granted a charter in 1600, had monopoly over all trade with the Indies. By this time the trade world had two methods of incorporation, but the joint stock Companies possessed some of the same advantages as of incorporation. For an example they could sue outsiders in their own name and the property of the company was distinct from that of the given