I learned that I have to organized the business that I will
gonna start it’s because organizational structure improves tracking and accountability, that structure helps businesses determine the resources it needs to grow. Similarly, organization is essential for product diversification, such as the development of a new product line. Organization aids business efficiency and helps reduce waste. And it helps you get your work done accurately, avoiding costly mistakes. Organizing your work and planning ahead helps you be more efficient and productive. Being well-organized and developing effective plans also allows you to achieve important goals and objectives.
I learned that the business owner seriously considers the
different forms of business organization types such aa sole proprietorship, partnership, and corporation. Which organizational form is most appropriate can be influenced by tax issues, legal issues, financial concerns. This Explains the general impression of business organization. Business Finance has taught me how to manage risk and return as well as making capital investment decisions throughout the semester. Professor Schott has gone through each chapter carefully well making sure that each student grasps each concept before moving on. He has used many tools such as LearnSmart, lectures and homework assignments to make sure that us students have a good idea of the concept before giving us exams. Throughout the course, we have had to do LearnSmart assignments each week over the chapter we are going cover in class. These LearnSmart assignments give us students questions over the assigned chapter. In this course, we have had to do these assignments before we go over the content in class.