Organization refers to the plans by which one’s resources are arran
ged and disposed to accomplish one’s objective. It includes both human resources and physical facilities, such as equipment, working condition, location, etc. That means the division of responsibilities and the assignment of each responsibility, whether a major or a minor one, to an individual who kill be held responsible for properly carrying out his particular responsibility.
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The Meaning of Organization
In Business
Starting a New Business
In Business
To discover an opportunity for starting a new business, there are methods of approach suggested:
- Start with what you are prepared or equipped to offer. What can you do with your preparation and equipment, who wants the products you could offer, where and when, and how?
- Analyze expansion trends of a community. Find new uses for zippers, staples and other common products.
- Analyze each market: home seekers, children, single women, businessmen, students. The presence of these and many similar groups in every community constitutes markets within the market.
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