What you know about Business
Enterprises or Organization
Business enterprises or organization
is defines as a unit of people or social group constructed for some special
economic goals. The main activity of an organization is goal oriented and they
have a clear road map & coordination in respect of duties and
responsibilities. These human beings fully coordinated in respect to their
assign activity.
Every organization have some common
feature like – have a size, complex structure, formality and top to bottom
hierarchy. In other words, we can say that every organization formed for some
cooperative action to accomplish the collective economic goals with a clear
pre-define rules or setup. For example – business organization, education
group, Government bodies and hospitals.
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| Business Enterprises or Organization |
Here, we mention some common
feature/characteristics like –
ü
Permanent establishment/body – Every organization have a
permanent body rules & continue without any disturbance from retirement or
step-down by any employee from top to bottom.
ü
Economic goals – every organization setup for some
special economic goals within define activity. Other words every organization
have all goal oriented activity.
ü
Every
organization have a team of specialization
person to accomplish the economic goals
ü
Mutual coordination – organization goals directly or
un-directly attached with every single activity. Pre-define rules and procedure
is must for every organization.
ü
Structure/working body- every organization have a
pre-define working structure with role and responsibility and having a fix
hierarchical from top to bottom
