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Unit 2 – Promotion of Business:

UNIT 2 .(Continued..)

Business Organization By: Shazia Khan www.altius.ac.in


• Meaning, functions, stages of promotion
• Basic forms of Organisation:
Detailed study of Sole Proprietorship and
Partnership

Business Organization By: Shazia Khan www.altius.ac.in


Factors to be considered in setting
up a business organization
• Discovery of the idea
• Determining the objectives
• Product analysis
• Market survey & research
• Form of the organization
• Creating the organization structure
• Size of the firm
• Location of the business
• Physical abilities
• Financial planning
• Labor force
• Legal requirements

Business Organization By: Shazia Khan www.altius.ac.in

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