An organization is essentially an entity that is formed for the purpose of carrying on commercial enterprise.
It refers to the act of putting things into a logical order. In other word, it can be defined as the act of taking an efficient and orderly approach to tasks or a group of people who have formally come together.
In a formal sense, it refers to the systems that is created to achieve common goals through people-to-people and people-to-work relationships
The main types of business organization includes the:
Similarly to these organization, they can be structured into either of the following organization structure:
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