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What is business organisations?

Updated: 9/21/2023
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Wiki User

10y ago

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When looking at a business organization there are two structures an internal structure and external structure that make up or comprise a business organization. An internal organization is the structure that enables the business to function and perform operations through various supporting operations that are calibrated to work in unison as a team or collaborative effort. It may mean the operations of various individual organized and category to function key roles to meet a business primary goal to produce, sell and remain in operations. These various operations are monitored for performance and function to maintain a fluid goings on of operation. Another feature to is whether the organizations goals is unified structured or diversified structured intent of operations.

Internal organizations may have various businesses or similar businesses that operate as one business entity a prime example is a car manufacturer each line of vehicle made is a separate business to themselves such as (type of vehicle, model line and even label). This example of the car manufacturer is a diversified structure though one company their objective is to make a diverse product line though similar the range is diverse (sports car, economy car, SUVs and even commercial vehicles and label lines Malibu, Hummer, Impala, Corvette, Camreo, Chevrolet & GMC or etc).

External organizations may be comprised of various clusters of business operations to make one main business operation a good example of this is a co-op such as a farming co-operative where various farm operations pool resources together to supply one main industry product. This example of a farming co-op is a unified structure designed to collaborate on one sole product line either be supplying a highly demanded economic commodity such as corn.

What makes a business organization is the structure of service and or operational diversity that operates beyond consumers but also fulfill state, regional and national goals in commerce. Many or most support outside businesses via indirect or direct resource needs and this too comprise a portion of external operations beyond the core business in sub-sequential operations support either via government and private sector industries and likewise contribute monetarily for this support.

Example for both to stay in business there are government subsidies and or bailouts but at the same time there operations influence other sub-businesses- steel manufacturing, seed producers, oil companies, shipping and transportation companies and etc.

Other features that most often used for Business organizations are also holding companies in the financial sector where various industries or businesses are pooled to comprise one company an example is Philip Morris as they at one time owned Nabisco and Kraft Foods and other sources of companies comprising its net worth but due to the Tobacco lawsuit the quickly formed a new company Altria and divided Altria's holdings in diverse separate entities as the tobacco settlement didn't only go after Phillip Morris's main company's value but it's sub value shares in Kraft foods as well as Nabisco foods. This is where organizations are structured to reduce loss or impact of loss over it's entire operations if one arm commits fault therefore increasing the risk of entire losses beyond it's offending operations to fail completely.

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11y ago
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Ruth Mphakama

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3y ago

partnership

Sole proprietorship

Corporation

Co-operation

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10y ago

partices business organisation

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