Objectives of Business Organization

Objectives of Business Organization

Business organizations are established to meet wants in society. Private businesses are formed mainly to provide for material demands (i.e. goods and services) and commercial demands (i.e. banking, insurance) in society. Government Organizations, on the other hand, tend to satisfy society’s desire for defense, law and order, education and social welfare.

Organizations are thus established to meet demands in society. In meeting these, organizations will set very definite and clear aims, e.g. a manufacturing firm will want to stay in business and make a profit. The aims of an organization are normally decided by the board of directors, or in the case of public organizations by government ministers.

The most common forms of private business organizations are sole proprietorships, partnerships andcorporations.

Sole Proprietorships

A business owned and controlled by one person is a sole proprietorship. Sole proprietorships are the oldest, simplest, and the most common of all types of business.

Because the financial resources available to one person often are limited, sole proprietors tend to be enterprises that require small amounts of capital to start and operate. Many doctors, dentists, lawyers, bakers, and beauticians organize as sole proprietors to provide professional services. Other services offered by sole proprietors include plumbing, carpentry, dry cleaning and lawn care. Many construction companies, small grocery stores, florists, other small retail stores, farms, real estate firms and insurance firms are also organized as sole proprietors.

Partnerships

A partnership is a business that is owned and controlled by two or more people. As in the case of sole proprietorships they are concentrated in businesses that require relatively small amounts of money to start and operate. Small retail stores, farms and construction companies are often organized as partnerships. People in service occupations, such as doctors, lawyers, accountants, and photographers, also form partnerships. Many of these partnerships may have started as sole proprietorships. A partnership begins when two or more people agree to operate a business together. Partnership can be general or limited. In order to avoid later conflicts, the partners usually formulate a written agreement called a partnership contract. A partnership contract outlines the contributions of partners, the distribution of profits and losses. It details the specific responsibilities of each partner and includes provision for adding or dropping partners and dissolving the partnership.

Corporations

A corporation is a business organization that is treated by law as if it were an individual person. A corporation can do everything that a sole proprietorship or a partnership can do. It can, for example, buy property and resources, hire workers, make contracts, pay taxes, sue others and be sued and produce and sell products. A corporation, however, is owned by stockholders. Stockholders are individuals who invest in a corporation by buying shares of stock. Stocks are the certificates of ownership in the corporation. Stockholders invest in a corporation in order to make a profit.

Types of Corporations.

A corporation may be either publicly owned or closed. A publicly owned corporation allows its shares to be purchased by anyone who chooses to invest in the business. Most corporations today are publicly owned. A closed corporation is owned by a limited number of shareholders. People outside of this limited group may not buy shares in the corporation.

Aims of Private Organizations

Profitability is the main aim of private organizations but it is important to realize that any business will have other aims. These include:

Survival: most of the time firms will not be worried about this. However, particularly in times of economic difficulty – such as recession – surviving will become an important short-term aim of the firm. In order to survive, the firm may have to make workers redundant and close some of its factories.Growth: not all firms want to

Результаты (русский) 1:

Цели организации бизнесаБизнес организаций создаются для удовлетворения хочет в обществе. Частные предприятия формируются главным образом для предоставления материального требования (т.е. товары и услуги) и коммерческие требования (т.е. Банковское дело, страхование) в обществе. С другой стороны, государственные организации, склонны удовлетворить желание общества для обороны, правопорядка, образования и социального обеспечения.Таким образом организации создаются для удовлетворения потребностей в обществе. В решении этих организаций будут установлены очень определенной и ясной цели, например производства фирмы хотят остаться в бизнесе и получить прибыль. Цели организации обычно решение Советом директоров, или в случае общественных организаций министрами правительства.Наиболее распространенными формами частных коммерческих организаций являются единоличной, andcorporations партнерских отношений.ЕдиноличнойБизнес принадлежат и контролируются одним человеком – индивидуального предпринимателя. Единственного предприятия являются старый, простой и самый распространенный из всех видов бизнеса.Because the financial resources available to one person often are limited, sole proprietors tend to be enterprises that require small amounts of capital to start and operate. Many doctors, dentists, lawyers, bakers, and beauticians organize as sole proprietors to provide professional services. Other services offered by sole proprietors include plumbing, carpentry, dry cleaning and lawn care. Many construction companies, small grocery stores, florists, other small retail stores, farms, real estate firms and insurance firms are also organized as sole proprietors.PartnershipsA partnership is a business that is owned and controlled by two or more people. As in the case of sole proprietorships they are concentrated in businesses that require relatively small amounts of money to start and operate. Small retail stores, farms and construction companies are often organized as partnerships. People in service occupations, such as doctors, lawyers, accountants, and photographers, also form partnerships. Many of these partnerships may have started as sole proprietorships. A partnership begins when two or more people agree to operate a business together. Partnership can be general or limited. In order to avoid later conflicts, the partners usually formulate a written agreement called a partnership contract. A partnership contract outlines the contributions of partners, the distribution of profits and losses. It details the specific responsibilities of each partner and includes provision for adding or dropping partners and dissolving the partnership.CorporationsA corporation is a business organization that is treated by law as if it were an individual person. A corporation can do everything that a sole proprietorship or a partnership can do. It can, for example, buy property and resources, hire workers, make contracts, pay taxes, sue others and be sued and produce and sell products. A corporation, however, is owned by stockholders. Stockholders are individuals who invest in a corporation by buying shares of stock. Stocks are the certificates of ownership in the corporation. Stockholders invest in a corporation in order to make a profit.Types of Corporations.A corporation may be either publicly owned or closed. A publicly owned corporation allows its shares to be purchased by anyone who chooses to invest in the business. Most corporations today are publicly owned. A closed corporation is owned by a limited number of shareholders. People outside of this limited group may not buy shares in the corporation.Aims of Private OrganizationsProfitability is the main aim of private organizations but it is important to realize that any business will have other aims. These include:Survival: most of the time firms will not be worried about this. However, particularly in times of economic difficulty – such as recession – surviving will become an important short-term aim of the firm. In order to survive, the firm may have to make workers redundant and close some of its factories.Growth: not all firms want to

Результаты (русский) 3:

Цели бизнес-организации

коммерческих организаций, созданных для удовлетворения желает в обществе. Частные предприятия, в основном для обеспечения материальных потребностей (т.е. товаров и услуг) и коммерческих требований (т.е. банковские услуги, страхование) в обществе. Правительственные организации, с другой стороны, как правило, удовлетворения потребности общества в стремлении к национальной обороны и правопорядка, образования и социального обеспечения.

Организаций таким образом созданы для удовлетворения потребностей в обществе. В этих, организаций будет вполне определенные и четкие цели, например, производственная компания будет проживать в бизнеса и получения прибыли. целей Организации, обычно принято решение Советом директоров, или в случае государственных организаций, министры правительства.

Наиболее распространенные формы частных коммерческих организаций, единоличной собственности, партнерства andcorporations.ветровому единоличной собственности

бизнес-во владении или под контролем одного лица - индивидуальное предприятие. единоличной собственности - это самый старый, самый простой и наиболее часто всех видов бизнеса.ветровому потому, что финансовые ресурсы для одного лица зачастую ограничены,