Definition Of Business Organisation By Different Authors
The main definitions of organisation are as follows.
Definition of business organisation by different authors. Types of business organisations different types of organisation have different advantages and disadvantages. Different authors look at the word organisation from their own angle. Different authors have defined organisation in different ways. However no consensus has been arrived at a universally accepted definition of entrepreneur.
It is a business strategy to have a plan for a business. According to keith davis organisation may be defined as a group of individuals large of small that is cooperating under the direction of executive leadership in accomplishment of certain common object. Definition meaning characteristic of organisation. Given by different eminent authors and famous institutions business definitions by different authors like keith gul bellin boono krutz lewis h haney james stephenson buskirik green robgers and others.
These must be considered when owners decide on which form their organisation should take. Definition of the term organisation. Business management is a human activity which directs and controls the organisation and operation of a business enterprise. The term organisation has been defined and interpreted differently by different authors.
The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. Definition of business organisation by different authors 6358462 a business is formed by any one person two people or more who carry on a commercial enterprise to provide services products or both in exchange for payment from customers. The above collection of definition from different authors is really. Management is centered in the administrators of managers of the firm who integrate men material and money into an effective operating limit.
One thing which is common in all the viewpoints is that organisation is the establishment of authority relationship among persons so that it helps in the achievement of organisational objectives. The term entrepreneur is defined in different ways. Definitions of entrepreneur by famous authors definitions of entrepreneur by cantillon j b say new encyclopaedia britannica joseph a. It also implies the grouping of the staff achieve the common objectives.