what is business organisation ?and it's features ?
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Answer:
The common features of a business organisation:
made up by a group of people who work together for the achievement of set goals – different people do different things or specialise in one activity. have business strategies to achieve goals/objectives. have a vision and a mission.
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Business organization, an entity formed for the purpose of carrying on commercial enterprise. Such anorganization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
Explanation:
The most common features ofbusiness organizations are; structure, processes, relationships, authority and responsibility, performance and behavior of individuals and groups.
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