Understanding Business Organisation

Understanding Business Organisation
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INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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Understanding business organisations and their environments
INTRODUCTION
Organisational structure is termed as a way in which functions and activities such as task
allocation, coordination and supervision are duly directed towards fulfilment of organisational
objectives and goals (Aliyafi'iy, 2021). Organisation structure act as a foundation that assist
company to effectively say align with objective. Present essay is conducted on the discussion of
different type of businesses such as partnership, sole trader, limited company along with their
advantages and disadvantages. In addition to this in this essay decision has been duly conducted
on comparison and contrast among organisational structure. Furthermore, functions of
production, human resource and operation in addition to their impact upon functional
management activities upon individual and company is also included in this essay. At last essay
is inclusive of organisational structure and the way positive organisational culture impact upon
organisational success.
MAIN BODY
In order to conduct business operations individuals are required to have better understanding
of different type of business structure, as it will benefit them to perform in effective manner
according to their needs. Sole trader, partnership and limited company are different forms of
business structure. In context with sole trader this structure is easy to set-up and in this form,
owner have responsibility of all the profits as well as the losses. It has been identified that in this
organisational structure there is no or less tax liability which benefit sole trader to perform
business operations effectively (Jati, Giyarsih and Muta'ali, 2021). However, it has been
identified that in this business owner is responsible for all the losses that company face. In the
structure owner can sometime find difficulties to raise further capital. It has been evaluated that
social media influencer, copywriters, designers’ marketers are some certain forms of sole
tradership example. If it is talked about partnership as a business organisational structure in this
individual or particular organisation get into a partnership agreement to conduct their business
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