Understanding Business Organizations: Types, Functions, and Contemporary Themes

This report discusses different types of business organizations, including sole proprietorship, partnership, corporation, and limited liability company. It also covers the impact of functional structure and contemporary themes like employee development and technology on business organizations.

UNDERSTANDING
BUSINESS
ORGANISATION

TABLE OF CONTENTS
INTRODUCTION............................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business organisation refers to the entity which formed for purpose of caring on commercial
enterprise also it is predicted on system of low governing contract and exchange and in
corporations (Betta, 2019). Where is different type of business association to consider asset and
formal system of management. The process of organisation help to allow employee the freedom
in order to take decision that help them to grow and face new challenges in the situation with
helps to development of enterprise and increasing the earning capacity of the enterprise and
turned into better development. Present report we discuss on different types of function of
business and major force and themes that can help to shape contemporary business.
MAIN BODY
Business organization related to achieve accomplish over especially period of time in
order to aunt profit and its growth and development which is also help phone provider quality of
goods to the customers in order to protect environment. It is performed commercial activities
for earning the profit and provide different varieties of courts in services to customer according
to their need also follows defined structure in order to follow particular size of business that can
be the first from objectives. Mainly there are three types of business sole proprietorship,
partnership, corporation, limited liability or llc. There are multiple factors of business in order
to adopt multitasking for future under aligning according to its business and these is considered
as crucial part (Hedegård, 2019). In regards to sole proprietor ships the most common business
scholarship is run by someone for the own benefit also this existence of business and this is
dependent on owners choice. In this type of business single owner person reliable for all the
obligation and debt which can be incurred in connection with business. There is no special rolls
i need to protect credited beyond ordinary provision and bankruptcy law. It has been analyses
that all the profit subject to sole proprietor. Little regulation for proprietor ship that need to
manage in order to maintain business with help of total flexibility and run in smooth way
(Kartini and Shankar, 2019). On the other hand it can be said that is hundred percent liable for
all the debt what can be typical to manage by single person when it comes to huge debt. Also
equity is limited for owner personal resources because owner cannot use personal resources as

business because there is no distinction between personal and business income that is why it is
difficult to transfer ownership of proprietor ship.
In addition to this partnership is most preferable variety of business order to providing
distance which pictures of partnership on the basis of a restricted liability of each partner for the
debt and obligation for the organization also the right of each of the partner need to participate in
management and act as in agent in order to entering with help of liquor transaction. There are
two types of partnership one is general another one is limited in general partnership both owner
in west there money property and labor according to their business and also fully liable for
business depth ( Mihajlović Popović and Pantić, 2020). On the hand if one partner in west little
into general partnership another one can still potentially responsible for it adapt also it is not
required formal agreement because it is based on verbal or even between two business owner
also on the other side limited partnership require formal agreement between the partners in order
to file a certificate of partnership with the state and also help to allow partners business that
according to proportion of investment or ownership. Benefit of partnership is hell to share
resources in order to provide more capital to organization and each partnership hotel profit of
company by providing similar flexibility and simple design of partnership on the other hand inch
of the partners responsible for hundred percent dept and losses then partnership and where any
partner decided to and it.
Corporation refers to purpose of tax and separate entities in order to consider legal
person this is helpful generating profit by personal income of the company and also help to
distributors share holder and dividend of profit tax again that is called personal income of
owners. Advantages of corporation is limit liability of owner then can we transfer to new owner
fairly on the other hand cooperation are costly and complex paperwork in order to follow
exception by corporate in camas taxed twice (Mitmek and Worawattanaparinya, 2020).
According to limited liability company is it also related with partnership in contact of limited
liability provided to honor by providing income advantage of partnership on the other hand
limited liability of company owner adaptor loss and that can be share without double taxation.
Contemporary themes in business shaved by internal and external force is that drive el
by society it large view also the role of business in management help to contributing to specific
old and internal forces help to driving by changing nature of management and thinking of
research. This type of forces are help to race important for recurring debate in order to maintain

private cooperation and also help phone monitoring and carol eyes in old activities of business
employee development is referred as one of the best theme because it helped provide experience
to highly skilled employees and providing better recruiting and office killing employees to stay
there organization into future (Shaqiri and Ceku, 2019). Business organization are attracted to
employees in order to keeping existing employees by focusing on creating complaint employee
experienced they won't to engaged with employees. Another team is related to HR has to rethink
how to engage and develop employees. Is related to trained that can be expand on the scope of
fiscal economy and traditional job method i become old because now business are more depend
on inject greater uncertainty by recruiting approaches from external and internal sectors also
with help of a change method management supplies in changes and its marketing position also
affected by different type of traditional background and promising candidates. In addition to this
theme related to technology hold promise for HR enhance effectiveness and efficiency
(Shatilova, 2020). Hr leaders are being focus on providing regular training to employees so that
it helps to improve effectiveness of business also provide better experience that directly increase
productivity of organization also there a different type of applications which used by company
in order to build and developed skills into employees.
Functional structure is most common of organization structure that is adopted by companies
in order to function group employees according to their activities also human resource
employees have their own hr department example marketing finance technical support working
in sales. Where is positive impact of functional management on people as well as organization
because function organization is keeping employees on the basis of their specialization with
help dependable level of department and all the function are worked according to their
departments use technical issue not resolve by primary telephone because it needs proper
management who can required bhajan degree in computer science then manager recommend for
minimum year of experience and then company employees in order to support and solve
technical issues is also helps for increasing customer satisfaction and retention (Tanaka, 2022).
In context to organization operational speed is related to providing supposed to business by train
new stuff members also operational clarity related to sector getting workforce according to
responsibility allocation of task so that employee tend to eliminate application of assignment
which can west time and effort and doors to try to make easy task that help to direct work to
appropriate employees. On the other hand there is negative impact of functional management

because there is lake of coordination between group task which requires no input and other
functions group not case at a time communication become dominant captain of organization by
isolate groups mandapam and salesforce sometime that can be create big issue phone or doing
effective management in addition to this there is weakness of common bones by considering
employee modelling performance which is important editor of organizational success and group
function maybe over if you organizational performance in order to weekend then organization
and different kind of employee interact (Webber and Dunbar, 2020). On the hand there is
national flexibility you still members my providing different functional unit related to science
project with me to return on their normal work also extreme between project and relative case.
CONCLUSION
It has been completed that business organization is something that organization want to
achieve and accomplish over specific period of time the main motive of any organization is to
grow and develop by earning profit also help to provide west quality of goods and services to
customer and then protect the environment accordingly. Also essay discussed different forms of
organization in which partnership is one of the most favorable type of business in order to
manage call the depth and losses accordingly then functional structure of complete help to
provide accessibility and specialization to organisation.

REFERENCES
Books and Journals
Betta, M., 2019. Business, organization theory, and the current challenge of
neocharisma. Business and Society Review, 124(2) pp.261-281.
Hedegård, L., 2019. Sustainability in talk and practice–the organization and function of
sustainability in local circular retailing. In FEKIS ämneskonferens 2019, Gävle, 16-17
oktober, 2019..
Kartini, I.A.N., Huda, M., Andino Maseleno, E. and Shankar, K., 2019. STUDY OF
DIFFERENT TYPES OF CUSTOMER EXPERIENCE COMPETENCIES TO DRIVE
GROWTH OF BUSINESS ORGANIZATION. Journal of Critical Reviews, 7(1) p.2020.
Milojević, I., Mihajlović, M., Popović, M. and Pantić, N., 2020. Application of quantitative
models in the organization of the financial function of agricultural enterprises. Економика
пољопривреде, 67(3) pp.747-762.
Mitmek, T. and Worawattanaparinya, S., 2020. GUIDELINES TO RETAIN STAFFS IN
INDUSTRIAL BUSINESS ORGANIZATION. Academy of Entrepreneurship
Journal, 26(1), pp.1-11.
Shaqiri, M. and Ceku, O., 2019. Types of Organization of Business Organizations and Their
Impact on Business Success.
Shatilova, O., 2020. Digital technologies influence on business organization management. ДВНЗ
«Київський національний університет імені Вадима Гетьмана».
Tanaka, H., 2022. Consideration of organization model based on dynamic equilibrium theory.
In Systems Research II (pp. 53-61). Springer, Singapore.
Webber, E. and Dunbar, R., 2020. The fractal structure of communities of practice: Implications
for business organization. PloS one, 15(4) p.e0232204.\