Business is the practice of buying and selling goods and services to generate profit. It encompasses a wide range of activities, including marketing, finance, and operations.

  • It is a complex and ever-changing field. There are many different types of businesses, each with its own unique set of challenges and opportunities.
  • It is constantly evolving, as new technologies and trends emerge. Businesses must be able to adapt to change in order to survive and thrive.
  • It is an important part of the global economy. It generates jobs, creates wealth, and drives innovation.
Line and Staff Organisation

Line and Staff Organisation

Line and Staff Organisation This method was developed to remove the defects of the Line Organisation and Functional Organisation. Under this system, the work is divided into independent divisions and responsibility is also divided in a scalar form but a technical specialist is also appointed along with the departmental heads. These specialists only give advice

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Line Organisation

Line Organisation

Line Organisation This form of organisation has several names like Vertical Organisation, Scalar Organisation, Military Type Organisation or Departmental Organisation. This is the oldest and most popular form of organisation. It creates a chain of command, which allows the flow of authority downwards, from the top management to the subordinates. In other words, the highest

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