(IEEE) (1) The arrangement of a computer system or component as defined by the number, nature, and interconnections of its constituent parts. (2) In configuration management, the functional and physical characteristics of hardware or software as set forth in technical documentation or achieved in a product.
Inc. after a company name means that the business in question has incorporated within its home state. Status as a C-corporation or an S-Corporation depends on tax filings with the Internal Revenue Service. Incorporation produces a separate entity -- in essence a fictional person created by law.
INC is short for incorporated. Incorporated means that the business is formed into a legal corporation. A corporation is an association of individuals created under authorit â¦ y of law, having a continuous existence independent of the existences of its members. (dictionary.com).