define the nature of business organisation
Answer (1)
25th Feb, 2021
Hello aspirant,
Business Organisation is viewed as a science as it is an organized body of knowledge built up by management practitioners, thinkers and philosophers over a period of years. It has certain principles and rules developed after continued observation.
A business is an organization that strives for a profit by providing goods and services desired by its customers.Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
Thankyou
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