Departmentation
Departmentation, also known as departmentalization, is the process of grouping activities, functions, or processes within an organization into distinct units called departments. It is a fun…
Departmentation, also known as departmentalization, is the process of grouping activities, functions, or processes within an organization into distinct units called departments. It is a fun…
Type of Organisation Advantages Sole Proprietorship - Easy and inexpensive to set up and dissolve. - Direct contr…
1. Sole Proprietorship: - Owned and operated by a single individual. - The simplest form of business structure. - The owner has complete control over the business. - The owner recei…
1. Types of Organizations According to Ownership a. Sole Proprietorship : A business owned and operated by a single individual. The owner bears all the risks and enjoys all the profits. L…