Pdf Business Org

2 Forms of backing Organisation 2.1 Introduction In the previous lesson, you have learnt that vocation activities rest of industrial and commercial activities. The units which undertake these activities are known as championship shapings. They are also called business labors, enterprises, concerns or firms. We moldiness look into the formation, of such organisations in order to understand how to arise a business because the right form of business organisation is largely responsible for the success of an enterprise. In this lesson, we are spill to study business organisations in detail. 2.

2 Objectives: After studying this lesson you go forth be able to : excuse the meaning of the term business organisation identify the different forms of business organisation explain the meaning and characteristics of Sole Proprietorship, Joint Hindu Family Business, Partnership, Joint tired Company and Co-operative Societies identify the advantages and disadvantages of the above distinguish between : furbish up proprietorship and partnership partnership and articulatio Hindu family business 20 :: Commerce (Business Studies) partnership and joint stock company joint stock company and co-operative societies enumerate the relative advantages and disadvantages of different forms of business organisations identify the factors influencing the choice of an appropriate form of business organisation 2.3 Business Organisation Meaning Business organisation refers to all necessary arrangements ask to conduct a business. It refers to all those steps that need to be undertaken for establishing relationship between men, material, and machinery to carry on business efficiently for earning profits. This may be called the process of organising. The arrangement which follows this process of organising is called a business undertaking or organisation. A business undertaking can be better understood by analysing its characteristics.... If you desire to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.