Question

Classification of business activities in business organization

Answer 1

ʜᴇʏᴀ ᴜsᴇʀ! 

ғᴏʀᴍ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ ᴀʀᴇ ᴛʜᴏsᴇ ʟᴇɢᴀʟ ғᴏʀᴍs ᴀᴄᴄᴏʀᴅɪɴɢ ᴛᴏ ᴡʜɪᴄʜ ʙᴜsɪɴᴇss ɪs ᴏʀɢᴀɴɪsᴇᴅ ᴀɴᴅ ʀᴜɴ. ʜᴇɴᴄᴇ ᴛʜᴇ ʟᴇɢᴀʟ ғᴏʀᴍ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ ɪs ᴄᴀʟʟᴇᴅ ᴀ ғᴏʀᴍ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ. 


ᴄʟᴀssɪғɪᴄᴀᴛɪᴏɴ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ: 


①sᴏʟᴇ ᴘʀᴏᴘʀɪᴇᴛᴏʀsʜɪᴘ: ᴛʜᴀᴛ ғᴏʀᴍ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ ᴡʜɪᴄʜ ɪs ᴏᴡɴᴇᴅ ʙʏ ᴀ sɪɴɢʟᴇ ɪɴᴅɪᴠɪᴅᴜᴀʟ ᴡʜᴏ ɪs sᴏʟᴇ ʀᴇsᴘᴏɴsɪʙʟᴇ ғᴏʀ ɪᴛs ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀɴᴅ ʀᴇᴄᴇɪᴠᴇ ᴀʟʟ ᴛʜᴇ ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏssᴇs. 

②ᴘᴀʀᴛɴᴇʀsʜɪᴘᴏʀɢᴀɴɪsᴀᴛɪᴏɴ: ᴛʜᴀᴛ ғᴏʀᴍ ᴏғ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ ɪɴ ᴡʜɪᴄʜ ᴛᴡᴏ ᴏʀ ᴍᴏʀᴇ ᴛʜᴀɴ ᴛᴡᴏ ᴘᴇʀsᴏɴ ᴡɪʟʟɪɴɢʟʏ ᴊᴏɪɴ ᴀɴᴅ ᴀɢʀᴇᴇ ᴛᴏ ʀᴜɴ sᴏᴍᴇ ʟᴀᴡғᴜʟ ʙᴜsɪɴᴇss. 

③ᴊᴏɪɴᴛ ʜɪɴᴅᴜ ғᴀᴍɪʟʏ ʙᴜsɪɴᴇss: ᴛʜᴀᴛ ʙᴜsɪɴᴇss ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ ᴜɴᴅᴇʀ ᴡʜɪᴄʜ ᴀʟʟ ᴍᴇᴍʙᴇʀs ᴏғ ᴊᴏɪɴᴛ ʜɪɴᴅᴜ ғᴀᴍɪʟʏ ᴄᴀʀʀʏ ʙᴜsɪɴᴇss ᴜɴᴅᴇʀ ᴛʜᴇ ᴄᴏɴᴛʀᴏʟ ᴏғ ᴍᴜᴋʜɪʏᴀ ᴏʀ ᴋᴀʀᴛᴀ ᴏғ ᴛʜᴇ ғᴀᴍɪʟʏ. 

④ᴄᴏᴏᴘᴇʀᴀᴛɪᴠᴇ sᴏᴄɪᴇᴛʏ: ɪᴛ ʀᴇғᴇʀs ᴛᴏ ᴛʜᴀᴛ ᴠᴏʟᴜɴᴛᴀʀʏ ᴀssᴏᴄɪᴀᴛɪᴏɴ ᴏғ ᴘᴇʀsᴏɴ ᴡʜᴏ ᴊᴏɪɴ ᴛᴏɢᴇᴛʜᴇʀ ᴡɪᴛʜ ᴛʜᴇ ᴍᴏᴛɪᴠᴇ ᴏғ ᴡᴇʟғᴀʀᴇ ᴏғ ᴛʜᴇ ᴍᴇᴍʙᴇʀs. 

⑤ᴄᴏᴍᴘᴀɴʏ ᴏʀɢᴀɴɪsᴀᴛɪᴏɴ: ᴛʜᴀᴛ ɢʀᴏᴜᴘ ᴏғ ᴘᴇᴏᴘʟᴇ ᴡʜɪᴄʜ ɪs ɪɴᴄᴏʀᴘᴏʀᴀᴛᴇᴅ ᴜɴᴅᴇʀ ᴛʜᴇ ᴄᴏᴍᴘᴀɴɪᴇs ᴀᴄᴛ ᴡʜᴏsᴇ ᴄʀᴇᴀᴛɪᴏɴ ɪs ᴅᴜᴇ ᴛᴏ ᴀ sᴘᴇᴄɪᴀʟ ᴘᴜʀᴘᴏsᴇ ᴛʜᴇ ʟɪᴀʙɪʟɪᴛʏ ᴏғ ᴛʜᴇ ᴍᴇᴍʙᴇʀ ɪs ɢᴇɴᴇʀᴀʟʟʏ ʟɪᴍɪᴛᴇᴅ ᴡʜᴏsᴇ ᴇxɪsᴛᴇɴᴄᴇ ɪs sᴇᴘᴀʀᴀᴛᴇᴅ ғʀᴏᴍ ɪᴛs ᴍᴇᴍʙᴇʀ ᴀɴᴅ ɪᴛ ᴄᴏɴᴛɪɴᴜᴏᴜs ᴏʀ ᴘᴇʀᴘᴇᴛᴜᴀʟ ᴀɴᴅ ᴡʜɪᴄʜ ʜᴀs ᴀ ᴄᴏᴍᴍᴏɴ sᴇᴀʟ . 


ʜᴏᴘᴇ ᴛʜɪs ᴡɪʟʟ ʜᴇʟᴘ ʏᴏᴜ! 

Answer 2

Answer:

Business Organization - Organization refers to the single unit treated were 1000 of people working under the ethics and guidelines of the firm to accomplish the task to bring efficiency and effectiveness.

There are 5 major business activities -

•Planning - Having an advanced idea about What to do, How to Do and When to do. This is the first step to depicts the business vision and mission.

•Organizing - Accumulation of the resources to fulfill the requirements of the processing in the Organization. This allows understanding the needs and requirements of both raw materials as well as working staff to create a better working procedure.

•Staffing - Placing the right person, at the right time and right position to bring efficiency. This concern with the motive to brought up the skilled employees to the firm.

•Controlling - Keeping a track record on what was planned to work and how it's happening in real-time. This analysis of the overall conditioning of the frim as per the planning outlets.

And,

•Directing - Adjustment with the lag as well as putting effective measures to overcome. When we analysis the hurdles and the unfavorable situation in the firm and to bring the efficiency again directing places an important role.