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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
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.
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.
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.
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
DEPARTMENTS IN AN ORGANISATION
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
Promotion of staff welfare
Promotion and discipline of staff
Recruitment and training of staff
Ensuring discipline in an organisation