2) In organization,
management and ownership
need not the same.*
Small
Ο Ο
Medium
Large
O
Micro
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In a medium or large organisation the management and ownership need not be the same.
- Large multinational companies issue shares that are bought by the public. These shares are nothing but a part of the ownership of a firm.
- A person invests or purchases a part of a company with the expectation of returns.
- In a small or micro organisation the management and ownership are usually in the same hands. The small organisation does not issue shares.
- A large organisation may hire specialised professionals in various fields in order to increase the efficiency and the productivity of the business operations.
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