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The Debt owed by a business to an outside individual or organization is called its what?
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∙ 12y ago
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Wiki User
∙ 12y ago
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What are the charteristics and organization of the sole propritorship?
The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization.Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a form of business organization in which an individual introduces his own capita), uses his own skill and intelligence in the management of its affairs, assumes all the risks of business and is solely responsible for the results of its operations. He, thus, owns all and risks all. The business is exclusively in the hands of an individual. Most of the bakery, hardware stores, service stations, barbers shop, doctor's clinic, service stations, beauty parlours, etc. are examples of sole proprietorship.
What is a system of people who carry out the business of an organization called?
A bureaucracy
What is called business?
A business is an organization that is involved with the trade or sale of services or goods to customers. Businesses are sometimes called firms or enterprises.
What is the business money?
Money that you get from your business, is called business money.
What is difference between industry and business?
what is the difference between a business and an industry. I couldn't explain it clearly, but I could tell the general information about what is 'business' and 'industry''. Hope this would help. - A business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers... - Industry refers to to many companies in the same line of business company is a business generally with a profit motive and with shareholders often not involved in the business either as employees or as clients.
What is the definition of business organization?
A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called nonprofits, are formed for public purposes.
An organization whose authority supersedes the sovereignty of its individual members is called an?
supranational organization
What is the meaning of external business communication?
Communication with people outside the company is called "external communication". Every business is dependent on outside people and groups for its success. And because the success of a business depends on its ability to satisfy customer's need, it must communicate effectively with its customers. Supervisors communicate with sources outside the organization, such as vendors and customers.
What are the charteristics and organization of the sole propritorship?
The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization.Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a form of business organization in which an individual introduces his own capita), uses his own skill and intelligence in the management of its affairs, assumes all the risks of business and is solely responsible for the results of its operations. He, thus, owns all and risks all. The business is exclusively in the hands of an individual. Most of the bakery, hardware stores, service stations, barbers shop, doctor's clinic, service stations, beauty parlours, etc. are examples of sole proprietorship.
Who can call a meeting?
A meeting might be called by an individual or by an organization
A business organization that is owned by its members is called what?
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What are organization that are in the business of benefiting society and operate like a business called?
Nonprofit Organizations.
What is a system of the people who carry out the business of an organization called?
A bureaucracy
What is a system of people who carry out the business of an organization called?
A bureaucracy
What is A business owned by a single individual called?
A proprietorship.
What organization called for greater individual freedom in America?
Students for a Democratic Society
What is called business?
A business is an organization that is involved with the trade or sale of services or goods to customers. Businesses are sometimes called firms or enterprises.
