Question

As a business grows, expands it's offerings, can a firm go from merchandising company to a service company (or visa versa)? How do they go about sharing this information? Please answer in your own words. Do not use outside resources.

Answer 1

"A company can not do anything that is not is it's power.

If it does, it will be considered as a ultra vires act.

Although The powers of a company is defined in its MOA (Memorandum of Association) in the object Clause.

Which can be amended by a company as per the regulations of the country in which it is registered.

And to answer about sharing information - MOA is an public document, so anyone can access these documents of any company just by paying a nominal amount of fees.

Hope this makes contribution to your success. Hit Like to motivates the experts to provide quality solutions.

Any feedback will also be appreciated.

Best of luck?! "