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…

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Characteristics of Organisations.

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…

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Types of Organisations.

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…

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