Forms of business organizations, Finance Basics

Forms of Business Organizations

The term business is wide in meaning. It includes all human activities made for the sake of earning profits through the process of production of goods or buying or selling of goods. Man starts a business of earning money; and money is earned by satisfying human needs and desires with different products.

A business organization is one unit of control which is busy in the production or distribution of any commodity in order to earn profit. Business organizations are of diversified nature from the point of view of ownership, control and size. A business organization may be owned by one person or a group of persons.



Posted Date: 8/29/2012 5:55:28 AM | Location : United States

Related Discussions:- Forms of business organizations, Assignment Help, Ask Question on Forms of business organizations, Get Answer, Expert's Help, Forms of business organizations Discussions

Write discussion on Forms of business organizations
Your posts are moderated
Related Questions
The Audiology Department at Randall Clinic offers many services to the clinic''s patients. The three most common , along with cost and utilization data, are as follows: Service Var

For each of the financial statement ratios listed below calculate the ratio for the current year and for the prior year. (Note that in most textbooks, some of the ratios call for a

Internal finance can avoid the agency costs of debt and equity finance. In practice it is the most important source of funding.   (a)  Discuss potential problems of internal finan

Describe how society's interests can influence financial managers. Occasionally the interests of a business firm's owners are not similar as the interests of society.  For exam

Growth rate : The average of PC manufacturing industry growth rate was 22.24% for 2004, 20% for 2005, and 17.29% for 2006. It showed that the industry's growth rate has been declin

what are the difference between receipt and payment account and income and expenditure account ?

Application of Discriminant Analysis Application of Discriminant Analysis to the Selection of Applicants, Discriminative analysis is a statistical model such can be used to ac

Compute the future value of $2,500 compounded annually for 10 years at 6%

What are the Features of Stock Exchange The key features of stock exchange are as below: (1) Organised Market: Stock Exchange is an organized market. Each stock exchang