The term "Business Organisation"is simple to understand.It consists of two terms business and organisation .Business is an economic activity undertaken for earning a profit through production, distribution, abd exchange of goods.Organisation brings input(man, machine materials, moneyetc.) into the production of goods and services(output) for planned distribution in the market.It is mechanism enabiling person to work together effectively and achieve the set goals.Hence, business organisation may be defined as an instittution, which is engaged in business activities.It is the act of bringing into effective cooperation the available resources for production,distribution and exchange of goods with a view to earn profit.
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