Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 7.1, Problem 2CC
Summary Introduction
To determine: The major considerations when organizing a business.
Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.
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Identify the major consideration when organizing a business?
Briefly explain the importance of developing organizing skill.
Describe the key principles of organizing and explain how they apply to various levels of an organization.
Chapter 7 Solutions
Foundations of Business (MindTap Course List)
Ch. 7.1 - Prob. 1CCCh. 7.1 - Prob. 2CCCh. 7.2B - Prob. 1CCCh. 7.2B - Prob. 2CCCh. 7.3D - Prob. 1CCCh. 7.3D - Prob. 2CCCh. 7.4B - Prob. 1CCCh. 7.4B - Prob. 2CCCh. 7.5B - Prob. 1CCCh. 7.5B - Prob. 2CC
Ch. 7.6D - Prob. 1CCCh. 7.6D - Prob. 2CCCh. 7.7 - Prob. 1CCCh. 7.7 - Prob. 2CCCh. 7.8 - Prob. 1CCCh. 7.8 - Prob. 2CCCh. 7.9 - Prob. 1CCCh. 7.9 - Prob. 2CCCh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 10DQCh. 7 - Prob. 11DQ
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- Discuss why it is critical areas of organizing need to developing the organizational structurearrow_forwardOrganizing plays an important role in any business enterprise. Explain by giving any four reasons.arrow_forwardHow does the organizing function of management help in achieving efficiency and effectiveness in an organizationarrow_forward
- Describe the organizing function, and differentiate amongtop, middle, and first-line management.arrow_forwardHow would you illustrate an ideal organization? Make a vivid description.arrow_forwardDescribe the role of organizing in management. What are the key principles and steps involved in the organizing function?arrow_forward
- How would you define an organization and why do organizations exist? What are the common features in any organization?arrow_forwardExplain what an organization is and identify its characteristics.arrow_forward. How does the organizing function contribute to the effective structuring and coordination of resources within an organization?arrow_forward
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