Welcome to the 1520 Perfect Dictionary

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Gesellschaft
GESELLSCHAFT

Definition: (German) A commercial company.
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* All eleven elements should be in.


1. Purposeful for the promoters.

2. Necessary for the customers.

3. Registered appropriately and having a current licence.*

4. Fulfilling legal obligations.

5. Structured and well staffed.

6. Capable of performing corporate social responsibility.**

7. Records reasonable profit(s).

8. Ensures customer' retention.

9. Having healthy labour relationship with the workers.***

10. Management very transparent.

11. Corporation lives a long time.
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* Keeps relevant books of account.

** Helps to sustain the environment.

*** Cannot be sabotaged by employee.

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