Business Studies

Business Studies

FORMS OF BUSINESS ORGANISATION

What is FORMS OF BUSINESS ORGANISATION ?

What is business?

Business is defined as all forms of activities that people engage in to satisfy their needs of people and sometimes also make profit.

Business organisation is a commercial or industrial enterprise and the people who constitute the business.

Types of business organisation

Business Studies

HONESTY IN BUSINESS

HONESTY IN BUSINESS

Truthfulness means being honest in what we say or do without lying or distorting the truth. It is the quality of being honest, consistent and straight forward in speech and action. A truthful person is an honest person. He or she does not lie, cheat or steal.

Business Studies

INTRODUCTION TO COMMERCE

INTRODUCTION TO COMMERCE

Commerce is an important branch of business which involves buying and selling.

Commerce can be defined as the large scale of buying and selling of goods and services.  Commerce is another term for describing trading of goods and services. It looks after the distribution aspect of a business. Transportation plays a very important role in commerce because the goods must be moved from the producer to the consumer.

Business Studies

OCCUPATION

Occupation can be defined in different ways. For instance.

Occupation can be defined as any economic activity in which a person is fully engage in order to earn a living.
Whenever man does in order to earn a living.
Occupation can be defined as a profession or anything that occupied one’s time in order to earn a living.
It can also be defined as any legal work that people engage in to earn a living.

Business Studies

INTRODUCTION TO OFFICE EQUIPMENT/MACHINE

INTRODUCTION TO OFFICE EQUIPMENT/MACHINE

Office equipment or office machines are the machines or equipment used to carry out work in an organisation or establishment to make work easier and faster.

Advantages of office equipment/machine

Workers cannot easily get tired.
It promotes or ensure accuracy and quality work (i.e. accurate)
It improves work appearance
It saves time, energy and labour
It makes the work interesting
It helps to prevent fraud

Business Studies

DEPARTMENTS IN AN ORGANISATION

DEPARTMENTS IN AN ORGANISATION

Personnel department

This department is also refers to as human resources or human capital department. It is responsible for staff related matters. It is headed by a personnel manager or human resource manager or human capital

Functions/responsibilities

Promotion of staff welfare
Promotion and discipline of staff
Recruitment and training of staff
Ensuring discipline in an organisation

Business Studies

DEPARTMENTS

DEPARTMENTS

What is department?

A department is a unit or section established within an organisation to carry out the functions of that organisation.

Departments in an organisation

The following are the various departments that can e found in an organisation. They are:

Administrative department
Purchasing department
Accounting department
Sales department
Personnel department
Planning department
Transport department
Production department etc.

Business Studies

RIGHT ATTITUDE TO WORK

RIGHT ATTITUDE TO WORK

The word attitude can be describe as the feeling and thought an individual has towards someone or something. Every organisation or even family has a code of conduct or practice. E.g. your school. If the employees in an organisation follow its code of practice, we can conclude that such employees have the right attitude to work.

Business Studies

THE CLERICAL STAFF

THE CLERICAL STAFF

The office staff/clerical officer

An officer staff or a clerical officer is an employee or a worker of an organisation who perform clerical and administrative duties in an office.

A clerk who keeps records concerning the financial transactions of the organisation is called an account clerk.

Clerical Works or duties

Some of the clerical works or duties performed by a clerk in an office are:

Record keeping
Filling of letters and other documents
Book keeping records
Machine operation
Calculation