Question

Definition of business organisation by different authors

Answer 1

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. A "business organization" offers a legal framework that defines the company's structure, profit dispersal and liability risk

Answer 2

"Organizations have been termed as the process of identifying and also grouping the work to be performed.

Famous personality Wheeler has said that an organization is the very framework of duties and different responsibilities which are required for many purposes.

So organizations take care of all these various works and objectives where individuals work together.

"