Professional Documents
Culture Documents
MANAGEMENT Class 1
MANAGEMENT Class 1
The definition of business is an occupation or trade and the purchase and sale of products
or services to make a profit.
There are basically three types or forms of business ownership structures for
new small businesses:
Sole Proprietorship. A business owned and operated by a single individual — and
the most common form of business structure in the United States. ...
Partnership. ...
Private Corporation.
Middle level managers : execution of organisational plans in accordance with company norms.also
act as a intermediator b/w top and first level managers
First level managers/lower level managers : control and direction of day to day activities.
Organizational communication largely focuses on building relationships and interacting with with
internal organizational members and interested external publics.
1) accomplish tasks relating to specific roles and responsibilities of sales, services, and production;
2) complete tasks through the maintenance of policy, procedures, or regulations that support daily
and continuous operations;
3) develop relationships where “human messages are directed at people within the organization-
their attitudes, morale, satisfaction, and fulfillment”
4) coordinate, plan, and control the operations of the organization through management