Everything you need to know about the advantages and disadvantages of cooperative society. A co-operative form of business organization is different from other forms of organizations. It is a voluntary association of people with collectively owned fund, organised on the democratic principle of equality, who join together to supply for their requirements through mutual action, and in which the objective [...]
Everything you need to know about the basis of departmentation. Departmentalization divides the people and function into identifiable units to achieve organizational goals. It must be emphasized that there is no other best way of departmentalizing that is applicable to all organizations or to all situations. The pattern depends upon given situations on what managers believe yield the best results [...]
Everything you need to know about the advantages and disadvantages of joint stock company. A Joint Stock Company is an incorporated association of two or more persons having a separate legal existence with perpetual existence and common seal. Its capital is divided into shares which are freely transferable and the owners of these shares have limited liability. It is an [...]