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Organizational structure refers to the method that an organization arranges employee to increase the productivity and achieve the organization goals. It defines the task, responsibilities, work roles and relationship, and channel of communication.

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Convention or doctrine is being used when the owners home computer is not included as an asset of the business?

Business entity convention The business and the owner must remain separate


Do you need a business permit to sell merchandise at a convention?

No it is not necessary to have a business permit or license to sell merchandise at any kind of convention.


What is the Definition of business convention?

A business convention is a meeting of people that are in the same business. For example, an electricians convention would be a meeting of a group of electricians who are not necessarily employed by the same company. They get together to share ideas and learn of new products.


Which accounting convention or doctrine is being applied when the owner's home computer is excluded from the assets of the business?

Business entity convention because owner’s assets must not be included with business assets


Where do lawyers take business trips?

To convention centers


Which accounting convention or doctrine is being used when a business preapres financial statements each year?

period convention


What is the first order of business for delegates at a national convention?

sign in


What is the difference between congress and convention in business terms?

In business terms, a congress is defined as a gathering of representatives. A convention is defined as a large meeting where individuals gather to discuss common ideas or to exchange information.


What is the business entity convention?

Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business. Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business.


What was considered the first order of business at the Constitutional Convention?

electing a president


Explain business as an entity?

The business entity convention in accounting distinguishes the business from any other accounting entity. So the accounts of the owners are kept separate from those of the business.


Who was the chairman of the Committee of the Whole at the Constitutional Convention?

On 25th May, 1787 George Washington was elected chairman of Philadelphia convention. This was the first order of business of the convention. The main business on the convention's agenda was "Virginia plan" presented by Governor of Virginia Edmund Randolph. It dealt with new structure of government.