Definition of Business Organization

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• Business definition.
• Content of the business.
• Explain the concept of business organization

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Production of goods for the purpose of profit , distribution of the produced product and all activities related to control are called enterprise .

These entrepreneurship activities require many efforts and elements such as land, labor and capital. Without this, the business process is impossible.

But all these business fundamentals don't stick together. They are scattered in different places.

They must be collected by a businessman or entrepreneur. Let's go... Organizing or organizing a business refers to the process of arranging and balancing the basic elements of a company, namely land, capital and labor.

Therefore, by coordinating production units, economic activities are carried out efficiently, protection, adjustment and balance are carried out by the organization.

Therefore, a business organization or organization is a very important part of running a successful business and making a profit.

Many experts have already expressed their opinion on the organization of the company. Some of them are listed below.

Kunz and O'Donnell "Organization is the structured relationship that holds a company together and the structure in which individual efforts are coordinated."

El Hani also said, "Organization is the coordination of specific units to achieve one or more common goals."

LA Allen said, "Organization is the process of identifying and grouping tasks, defining and maintaining responsibility and authority, and creating relationships that enable people to work more effectively to achieve goals."

Through them, the business organization deals with all production, distribution and benefits.

Therefore, the process by which activities such as raw materials, construction, machinery, capital, labor and coordination are carried out is called a business organization.

Some general characteristics of a business are:

1. It is a structural place where people work to achieve the goals of the organization.

2. Business organization performs daily activities, ie. Management , marketing , production , sales, finance , recruitment, etc.

3. A business conducts its daily activities to make a profit.

4. The business organization has a top-down naming system.

5. A business organization is a combination of responsibility and authority among employees.