V. Ryan © 2006 - 2009


A company usually employs people. They may work in a factory or shop. A company is a business but also an organisation of people who work together in order to be successful. A company pays wages and has other cost but always aims to make a profit.

Most companies aim to make sales of their products. If they do not sell their products they will not make enough money to pay wages and to invest in new equipment and machinery. A company that is not making money is said to be ‘in the red’. A company that makes money is said to be’ in the black’.
All companies need customers as these are the people who buy the final product.


Most companies have to compete against other companies making the same product. Usually the customer decides which product is the best by deciding to buy it, or not. To be successful a company must have efficient, up to date equipment/machinery. It must have well trained staff and manufacture a quality product. Customers must be satisfied that the product they are buying is value for money.



As a child grows up his / her coordination skills develop. He/she becomes better at using their hands and fingers and ensuring that their hands and fingers do what they want them to do. Very young children have poor hand/eye coordination - they have difficulty picking items up. Encouraging children to develop good hand/eye coordination skills is important.

All companies have markets for their products. A market is usually composed of customers of a particular age range or particular types of people. For example, some products may be designed for young children whilst other products may be designed for old age pensioners. Sometimes a company may target certain people to encourage them to buy their product. This is usually done through advertising. A company may sell its products at home and abroad.

Young children learn in many ways. Usually a child will learn quickly if what they are doing is fun or exciting. Many games and toys involve the use of numbers, letters or words. Sometimes shape and movement is integrated into a learning toy/device. Sound, even if is caused by mechanisms rather than electronics encourages a child to learn.