difference between company and establishment
I want to know the differences between Location Address and Establishment Address for a Company in PeopleSoft HCM? In which condition they might be different and what is need of defining both for a Company?n establishment has an address, is associated with a company, is used for regulatory purposes.An establishment isnât necessarily a single building or location; it could be an entire industrial or office complex, but it is usually a physical place for which information is reported as a consolidated unit.
An establishment generally refers to a single location and is comparable to the familiar use of the word facility.. A single firm often consists of many separate establishments.Statistical organizations usually adopt similar meanings of this term for counting establishments.or example, the Census Bureau reported 5.9 million firms in the U.S. in 2008 and 7.6 million establishments. The difference between the two terms depends on how they are defined in a particular context.