BUSINESS ORGANISATION
Business organization refers to the structure and management of a company or enterprise, determining how tasks, roles, and responsibilities are divided and coordinated. It encompasses the different forms a business can take, such as sole proprietorship, partnership, corporation, or cooperative. Each type of organization has distinct features, advantages, and legal implications. The goal of business organization is to establish efficient operations, effective decision-making, and clear communication channels, ensuring that resources are utilized optimally to achieve business objectives. It also involves creating a framework for leadership, accountability, and workflow processes within the company.